Provisions related to commencement of business
This query is : Open
29 November 2013
we have incorporated a pvt. ltd. company.As per companies act 2013, 98 sections are made applicable to pvt. co.. Among these sec 11(2) related to default in complying with the requirements of commencement of business is applicable to pvt. co. or not? And what are the relevant provisions related to commencement of business?
29 November 2013
Dear Chanchal,
This section will be applicable to private companies as well. But this section is not included in the 98 sections that are notified from 12.09.2013. So as of now, this section is not in force.
Regards,
Adnan
This section will be applicable to private companies as well. But this section is not included in the 98 sections that are notified from 12.09.2013. So as of now, this section is not in force.
Regards,
Adnan
29 November 2013
Dear Adnan,
Thanks for the reply.
Can you please explain in detail the requirements to be fulfilled by the private co. regarding commencement of business and consequences of default in complying with the provisions.
Thanks for the reply.
Can you please explain in detail the requirements to be fulfilled by the private co. regarding commencement of business and consequences of default in complying with the provisions.
29 November 2013
The section talks about the declarations to be filed with ROC which 'will be prescribed'. So, the additional requirements will be known after this section is notified.
Thanks
The section talks about the declarations to be filed with ROC which 'will be prescribed'. So, the additional requirements will be known after this section is notified.
Thanks
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
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Unregistered suppliers utility
- Difference between Date of Payment and Date of Deduction?
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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
