Indemnity bond
This query is : Resolved
saket gupta
(Querist)
18 September 2017
In indemnity bond for loss of share certificate,two surity needs to sign. I had one surety who earn 15000 p.m and had .filed ITR. and no form 16. and another having C.A firm receiving professional fees. Can these be surety in indemnity bond
19 September 2017
The person standing as surety should be solvent to the extent of the amount covered in the indemnity bond. However, the indemnitee ( company) can stipulate conditions such as the surety should be income tax payees So seek clarification from the indemnitee.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
