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.
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?
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.
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.
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?
Can a Company file Form STK-2 without filing Form ACTIVE INC-22A?
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If the DINs of the foreign directors have been deactivated, the company will not be able to file Form DIR-12 for their removal from the records as the deactivated DINs will not be pre-filled in the form. In such a case, the company may file the Form DIR-12 manually with the Registrar of Companies (ROC) by attaching the necessary documents and information.
The company will have to file the following documents along with the Form DIR-12 for the removal of the foreign directors from the records:
Once the ROC approves the Form DIR-12, the names of the foreign directors will be removed from the company's records. The company may also consider appointing new directors in place of the foreign directors to ensure compliance with the provisions of the Companies Act, 2013.