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If a stock broking company wants to give the loan to another company whether stockbroker or another type of company out of its owned fund. Then there Is any restriction under SEBI Guidelines.
Click here to view / answer Share it onIn case the company has appointed personnel exclusively for implementing the CSR activities of the company, can the expenditure incurred towards such personnel in terms of staff cost etc. be included in the expenditure earmarked for CSR activities?
Click here to view / answer Share it onWhether the average net profit criteria in section 135(5) is Net profit before tax or Net profit after tax?
Click here to view / answer Share it onIs rental income from sub-letting chargeable to tax under the head “Income from house property”?
Click here to view / answer Share it onIn GST only the Radio taxi or passenger transport services provided through electronic commerce operator are under RCM. So what about Rent-a-cab services provided by a person other than electronic commerce operator? What are GST rate and HSN code?
Click here to view / answer Share it onWhat if a person sells his pre-owned car for Rs. 25 lacs to a dealer of second-hand cars, will he be covered under the casual taxable person and does he needs to deposit the tax?
Click here to view / answer Share it onOur company has input credit on Excise and Vat of the end of June 17, Shall we adjust closing balance input credit in July, i.e, GST month sale. If yes please advice us the procedure to follow. We have received an order from our Chennai ( local ) customer, but material delivers to Chhattisgarh. In this transaction, IGST will applicable or SGST and CGST applicable?
Click here to view / answer Share it onWill the revised SS-1 and SS-2 be applicable to the Board/General Meetings convened on 1st October 2017 or thereafter, even if Notice of the Meeting is issued before 1st October 2017 by complying with existing SS?
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Yes, as per Section 134(3)(q) of the Companies Act, 2013, every company is required to disclose in its Directors' Report any material changes and commitments, if any, affecting the financial position of the company that have occurred between the end of the financial year of the company to which the financial statements relate and the date of the report. This would include the disclosure of any resolution passed under Section 180(1)(c) of the Companies Act, 2013, which relates to the power of the board to borrow money, give loans or provide guarantees or securities in excess of certain limits, and any material impact of such a resolution on the financial position of the company.