Queries for Form-23AC & ACA

MCA / ROC Filings 1716 views 5 replies

Ekta

Practicing CS

423 Points Posted on 06 October 2009

I am verymuch confused about the following points in case of Public as well as private company, please can anybody clear my doubts?

1). Form-23AC- Point No.12(II)(6) - Deposits accepted or renewed during the financial year - which deposits are to be mentioned, whether U/s 58A, or deposits taken from Directors, relative of DIrectors, shareholders and others???

2). Form-23AC- Point No.12(II)(14) - Gross value of transaction as per AS-18 - which transactions?? and whether are they shown in B/s.??

3). Form-23ACA- Point No.2(Part B)(II)(6): Rent - Which rent is to be mentioned?? Whether paid or received??

Thanks in advance.

Replies (5)

Guest

(1) Deposit U/S 58A

(2) Transaction with the related parties U/S 301.

they are shown in the notes of accounts.

(3) Rent paid by the Company any either Office or Godown

Ekta

Practicing CS

423 Points Posted on 08 October 2009

Sir,

Rent paid to any body or to related parties only??

Guest

No, rent paid to any person

whether he is related or unrelated party doesn't matter.

---------------------------------

If you need further clarification than contact me

Ankur Shah (Practicing Company Secretary)

“Guru Gautam” Bungalow, Inside Parshwa Tower,

Nr. Shyamal Cross Road, 132ft. Ring Road,

Satellite, Ahmedabad – 15

Contact: + 91-9427633901

E-mail: ankurjewel @ gmail.com

Blog: csankur.blogspot.com

Ekta

Practicing CS

423 Points Posted on 10 October 2009

Ohk, Thank You sir...

Preety

Company Secretary

96 Points Posted on 08 September 2010

Hello friends

Pl clarify me what has to be written in Gross Value of transactions as per As -18 in form 23AC & 23ACA . Whether in items like loan paid - loan recieved back and loan taken - loan given back during the year, Net amount has to be shown or we have to add all four and then show the entire amount .

Thanks in advance

Regards

Preety