Dear Sir A firm is engage in the business of labour supply to his client by deploying manpower from contractor with predifined margin. On the basis of record with client ( attendance record etc.), firm is raising the periodic Bills (GST TAX INVOICE)to his client and paid GST accordingly after taking the Input Tax Credit from his contractor. In summary the business model is - Input from Contractor + Own Margin = Output Service to Client The query is If the Firm is raise Output Service Bills without Input Service ( By way of proper Tax Invoice from Contractor) and recognise his revenue and to math the revenue estimated expenditure is also provided for the month and after receiving the actual Tax Invoice from ( after 1-2 months ) Contractor claim ITC. For ex. In April Output Service Rs. 100 Lakhs, Input Nil In June Output Service Nil , Input Rs. 80 Lakhs Is there any violation of GST provision by following above practice ? Whether Month to Month booking is mandatory under GST Law ?
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Is it possible to apply for strike off without filing income tax return? Company has not commenced its operations since incorporation(2015) also no annual filing is done till date.
Hi,
Company is not operation since incorporation i.e. 2nd Februrary, 2017. They want to file STK-2.
Can we do it now without filing Annual Returns i.e AOC-4, MGT-7 and INC-22A.
Solicit your views.
Thanks in advance.
Hello,
One of the auditor was appointed till 31.03.2020 in a company. When he checked on filing ACTIVE the name of the auditor has been changed. When he talk to the client they said they have changed the director. Now auditor have to file ADT-3 but the penalty comes around 5k without any legal fault. What is the remedy and why it has happened. As auditor does not have any information regarding his removal. And how can ADT-1 for appointment has been filed?
Please Help asap.
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Dear All,
In a Pvt Ltd Co, an additional director was appointed in Dec 2018. AGM of the Company was held on July 2019 and annual filing Forms were submitted with ROC after that but Additional director to Director regularization DIR-12 is not submitted as yet.
Now, the above mentioned Director has resigned, please suggest whether Dir-12 for resignation can be submitted or the first regularization is required and then resignation.
Thanks in advance.
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Dear Members
Please Suggest me
Can a company direct file application of STK-2 without complete pending compliance. After incorporation company never made any compliance. Now Company received a notice under STK 1
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If a company wants to change the name within a week after the incorporation, is it mandatory to file Form INC-22 and INC-20A?
Can we file the Forms INC-22 and INC-20A after the approval of the new name?
Please tell me whether a company can go for strike off, if it has not filed INC-22A.
Dear All,
An LLP has been incorporated. But, initial LLP agreement via form 3 is pending to be filled with ROC.
1. Now, due to some dispute between partners, they want to dissolve LLP is it possible as incorporation has been done just 2 months back??
2. Or whether any of one can resign and another can be added?
If we go for option 2, first we have to file the initial agreement and then only we can change the agreement, am I correct?
Whether strike off is possible?
Please reply.
Dear Members,
Please answer my query
Dear All, One of our creditor is merging with their own group company. they are asking for an affidavit to present to CLB which states the resolution in which the director is authorised to sign. such affidavit is in according to section 230(9) of the companies act 2013( to dispense with the creditors meeting for the merger) We just finished our Board meeting and the next is only 3 months after. My querries are: 1. Can the Whole time director of the company (as authorised by the articles of the company) sign the affidavit without giving the resolution. 2. Can it be done by circular resolution. please reply kind of urgent. Thanks all.
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