deposit term regarding clarification
Hello All,
There were three foreign Directors in a Company who left in middle because of some conflicts with Indian Directors. There DINs are deactivated and therefore, the Company is not able to file Form DIR-12 for their removal from the records as the DINs will not get pre filled.
The are not ready to provide documents and OTP either to file the KYC. How can we remove them? Please help.
director foreign deactivation Will resignation of a partner from the LLP within one year of conversion from company to LLP will attract capital gain tax although the profit sharing of the remaining partner will be more than 50per cent??
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Good Morning Members!
Kindly confirm me can we appoint a new director in a dormant company.
company dormant director appointment
Hello Everyone!
Is PAS-3 required to be filed every time in following situations where partly paid Equity Shares are issued:
1. On allotment of Shares?
2. On receipt of Call Money?
filing requirement
Dear All,
Good Morning!
Please Tell me what are requirements we need for the Incorporation of Public Limited Company And Requirements and documentation for name Approval of Public Limited Company.
company public incorporation
Dear Friends,
In case of buy-back of a private limited company, is it mandatory to attach the valuation certificate along with SH-8/ 9?
Secondly, where there are foreign shareholders taking part in the buy-back do we have to file form FC-TRS with RBI
I have a query on CSR liability calculation.
To arrive at the Net profit for the purposes of calculation is the remuneration and bonus paid to directors is allowed as an expenses or it needs to be disallowed and added back to net profit??
As I understand the net profit as per section 198 is PBT and PBT is after allowing these expenses.
Please clarify.
calculation liability query
Dear All,
If a Company Net Profit Before Tax for the year 2018-19 exceeds 5 crores whereas Net Profit after Tax does not exceed 5 crores.
Whether CSR shall be applicable to such Company?
applicability 
As per the provisions of Section 73 of the Companies Act, 2013 and Rule 2(1)(c)(vii) of the Companies (Acceptance of Deposits) Rules, 2014, the term "deposit" does not include any amount received from a director of the company. However, if the amount is received from a member of the company, it will be treated as a deposit.
In case a person is both a director and a member of the company, any amount received from such person would be treated as a deposit or not will depend on the capacity in which the amount is being given. If the amount is being given in the capacity of a director, it would not be treated as a deposit. However, if the amount is being given in the capacity of a member, it would be treated as a deposit.