There is provision existing for bad debt in previous year and this year actual bad debt happens and adjusted it with provision for bad debt of previous year. My question is whether I can deduct the actual bad debt amount in the current year for CSR PROFIT calculation?

Hi,
My client is LLP partner.
I was trying to filing form 8 and 11 for him.
While prescrutiny the forms, it is showing that DSC is not registered on portal.
However, MCA is showing DSC is already registered.
How to resolve the error?
Thanks in advance.

Dear Professional,

Required your professional advice and guidance/opinion on the below query. Please suggest.

A Private Limited Company incorporated in February 2014 and since there was no business operations hence filed for dormant status and Filed Form MSC 1 and received a certificate of Dormant (Form MSC 2) on 3rd July 2018. As per section 455 of CA 2013 and its requirements, Company filed Form MSC 3 for 31st March 2018,31st March 2019 and 31st March 2020. In August 2021, The Company filed Form MSC 4 for active status and the forms got approved by the ROC . Meanwhile all this time from 2014 till date the Company status was Active and it never got changed to Dormant status.

Now if the company goes for Filing Form INC 22A Active , it shows the below error

"In case AR is not filed for financial year 17-18 filling shall not be allowed for the companies which are not marked for management dispute?"

The Company had filed Form MSC 3 for three years for 2018,2019 and 2020 but still it showing the above error.

The Company want to appoint the Auditor and do the Annual Filings for FY 2020-21 Hence will it create any problem for the same ?

Request you to please provide your inputs and professional advice on this.


Thanks and Regards
EAZ Compliances

i got this objection:
If the proposed company is doing the business of chit fund, money changers, insurance, forex, micro-finance, housing finance, venture capital, asset management, investment advisor etc. activities, then declaration as per the proviso to rule 12 of the Companies (Incorporation) Rules, 2014 is to be given and it should be signed by all the subscribers.
kindly help to resolve the same?

Can a Trust created by company for CSR Funding, donate to another trust for compliance of Company's CSR Liability

We are a manufacturer of batteries, we have created a public trust for CSR Compliances through Trust and for this we have donated Rs. 1 Crores to compnay trust, but till date no activities done.

Now we are planning that, company's trust should donate the same 1 crores to another trust for CSR compliance

Kindly guide the feasibility along with rules and laws

Dear Sir,

I want to know what is the due date to file ROC Annual Return AOC 4 and MGT-7 for FY 2020-21 incase of Private Limited company.

Regards,
Divyesh Jain

Whether a Chartered Accountant who got Chairmanship of Govt. Corporation can practice in his name as per code of conduct

We have AOA and MOA registered under companies act 1956, after introduction of companies act 2013 whether we have to make any registration of earlier MOA and AOA under 2013 act?

Rgds
Renjith.R.S

An Unlisted Public Company has Nine Members as on date: Four Resident Indians, Three Indian Corporate Bodies and Two Foreign Corporate Bodies.

The Board is proposing to Issue Bonus Shares only to Resident Indians and Indian Corporate Bodies.

Can the Foreign Corporate Bodies waive the entitlement of Bonus Shares ?
What is the detailed procedure in this regard.

Hi,
My client is NRI and he has setup LLC as resident.
Now, he wants to update his status as NRI on MCA.
Should I file DIR 6 or DIR 3?
And Whose certification is required on his passport as address proof?