Share Capital
This query is : Resolved
16 November 2010
Sir,
One company incorporated on 2007. They didn't file any forms with mca except incorporation documents. They filed promptly all the serivce tax and income tax and sales tax returns up to date.
Now the problem is, at their MOA and AOA they subscribe only for 1500 shares of 100 each. But their statemets filed with the income tax showed the Share capital as 9,50,000 (i.e. 9500 shares of 100 each). If we file Form 2 from the earlier date, heavy additional fee should be paid. Is there any possibility to avoid the heavy penalty?
One company incorporated on 2007. They didn't file any forms with mca except incorporation documents. They filed promptly all the serivce tax and income tax and sales tax returns up to date.
Now the problem is, at their MOA and AOA they subscribe only for 1500 shares of 100 each. But their statemets filed with the income tax showed the Share capital as 9,50,000 (i.e. 9500 shares of 100 each). If we file Form 2 from the earlier date, heavy additional fee should be paid. Is there any possibility to avoid the heavy penalty?
17 November 2010
Hi,
i think there is no option except filing ROC forms even with additional charges. further it will be batter to file the forms before 5h of December since the additional charges are going to be revised and will be increased.
thanks
i think there is no option except filing ROC forms even with additional charges. further it will be batter to file the forms before 5h of December since the additional charges are going to be revised and will be increased.
thanks
17 November 2010
Agree with expert...
would advise you to file the desired form 2 as early as possible with late fee.
Regards
would advise you to file the desired form 2 as early as possible with late fee.
Regards
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Value of property in capital gain
- Annual return in Gst
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
