DIRECT TAXES - ( DEDUCTION OF INDIRECT TAXES PAID )
A company has wrongly availed Input Tax Credit under erstwhile CENVAT Rules in 2015-16. During GST Audit in current year, this was found out and the company paid the wrong credit availed in earlier years as above now, i.e. in FY 2019-20. The same has been expensed off. Is it an allowable expenses under Income Tax Act? Please provide any case laws, if available.
Dear Members,
In case of a Private Limited Company, the following is the shareholding;
Mr. X (individual) - 49%
Private Limited Company - 51%
Will BEN Rules be applicable in this case?
Thanks in advance
applicability
rules
Hi All
Indian Private Company is wholly owned by a Foreign Listed Company and Mr. X is holding 23% stake in such Foreign Listed Company. Mr. X is required to submit the BEN-1 to Indian Private Company?
Learned members are requested to reply with proper clarification under SBO Rules.
Thanks
rules
Dear Members,
Does Companies (Indian Accouting Standards) Rules, 2015 is applicable to private company.
Private company is a joint venture company and one of its shareholder is listed on NSE and BSE.
Please guide.
Rgds
Devansh
rules
standards
accouting
indian
applicability
Please upload declaration by applicant under rule 8(A)(1)(p) of Co (Inc.) Fifth Amendment Rules,2019
Click here to view / answer Share it onDear Members,
Please answer my query.
loan
resignation
deposit
after
becomes
directors
company
rules
directorship
resigned
I have applied for Nidhi Company and MCA has send form re submission with following msg "Declaration from all the subscribers should be attached stating that rule 4, 5, 6 and 10 of Nidhi Rules, 2014 shall be duly complied with."
If any one have format of such declaration.
Dear All, kindly help me on this query.
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companies
rules
administration
relating
voting
means
electronic
through
"The company shall, not more than thirty days before the date of filing the application in Form No. INC.23 -
(a) advertise in the Form No.INC.26 in the vernacular newspaper in the principal vernacular language in the district and in English language in an English newspaper with the widest circulation in the State in which the registered office of the company is situated"
What is the meaning of widest circulation and how to know which news papers are widest circulations in NCT of Delhi in terms of Rule 30 of sub rule 5 of Companies (Inc.) Rules
office
state
another
registered
shifting
incorporation
rules
companies
Will the notifications, circulars, rules, orders issued for certain type of companies under Companies Act 1956 still be applicable for those companies under the Companies Act 2013?
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companies
issued
rules
orders
circulars
notifications
applicability
Are the provisions applicable to subsidiaries incorporated outside India ?
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layers
number
restriction
companies
As per MCA vide its Notification1dated September 20, 2017 notified the Companies (Restriction on Number of Layers) Rules, 2017, Are the wholly owned subsidiaries even counted in the limits of a layer?
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layers
number
restriction
companies
