A club received a life membership fee.
Should the amount be capitalized or taken to income?
If income, can it be spread over a number of years as decided by the management? Please share if there are any expert opinion or case studies. Thanks.
membership
life
received
club
While maintaining MGT-1(Register of members), is it necessary to record the member's data since the incorporation of the company or would it suffice if only the data after the date of enforcement of section 88 is recorded? '
Click here to view / answer Share it onDear Members,
Please share the draft documents for Prefrential allottment of shares for consideration other than cash to non existing members
Thanks in adavance
cash
existing
members
than
other
allottment
shares
consideration
prefrential
Kindly suggest the max limit to accept unsecured loan from members of unlisted public ltd company . whether 10% of PU+ FR+SP or 35% . DPT 1 to be attached to which form while filing with MCA
How to add member in producer company and which types of certificate is issued to its member.
Dear Members,
If Members of OPC died. Can nominee become the director cum member in the company. As there was only one director (who was member) in the company.?
If yes how to apply for DIN of the proposed director/nominee as the member is not in existence ??
By what time are companies required to switch over to the new format of
Register of Members, Register of Directors and Key Managerial Personnel and their Shareholding?
Society is under redevelopment in which assessee is a flat owner . Assessee is to receive larger flat (with additional area of say 500 sq feets) against old flat, out of 500 sq feets assessee is relinquishing rights on 200 Sq Feets to developer against a consideration. Taxability of such consideration ??
Click here to view / answer Share it onredevelopment
society
members
implications
gains
capital
If the deposit accepting by the company from Director and members is less than 35% and the company satisfying the condition as mentioned in the exemption notification dated 13th June 2017.(Notification is attached for your reference) then Chapter V Clauses (a) to (e) of sub section (2) of Section 71 shall not apply to the private company.
So if the conditions has fulfilled then company needs to pass only ordinary resolution and file with MGT-14 only, no need to issue a circular and file in GNL-2...
Dear Members,
Can anybody share the detailed procedure to be followed along with the details of any such form to be submitted with the ROC.
--
Thanks & Regards,
Sir, kindly let me know difference between Member and Co parcener in the case of HUF
Dear Members
Please Suggest me
In case of Nidhi which is recently incorporated how much max loan can be given to members.
