one of my client company have share apllication money pending for allotment on balancesheet date31/03/2013.the roc has raised show cause notice for not filling form 5INV ON JUNE 10.2014.COMPANY IS PRIVATE LIMITED.PLEASE ADVICED ME ,WHAT I WILL DO
Menu
Form 5inv
Replies (1)
Sir, in my openion,
1] You should file 5INV Now for 31.3.2013. ( If your date of allotment falls after 31.3.2013).
2] You should have refunded such unalloted amount on 75th day from the day you received Share Application money.
3] Now money should be refunded fully before 30.6.2014, otherwise it will be treated as deposits.
Recent Threads
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
Related Threads
CAclubindia
