Dear Experts,

Can any one send me specimen copy of resolution for appointment of Managing director?

thanks in advance

A private limited company wanted to remove a director from the board. The company neither received a written communication from the shareholders nor a special notice was issued to them. The motion came up in the AGM in which the said director failed to get sufficient number of votes to get elected resulting in the removal of the said director from the board. Whether the proceeding is legally valid in view of section 284 of The Companies Act,1956.

My answer is NO based on the decision in

Queens Kuries & Loans P Ltd Vs. Sheena Jose (1993) 76 Com Cases 821(Ker).

COMMENTS OF MEMBERS ARE HUMBLY SOLICITED.

A coop Soc Ltd has get its account audited before 30th Sep 09 but could not submit the return before 30the sep09.

now what are the consequences of late filling:

whether the TDS refund can be claimed by filling ROI after due date?

Whether 44AB penalty will be imposed i.e. half % or 100000

While uploading Form 1 in MCA Website for forming a Company whether I should upload scanned copy of MOA & AOA as signed by Promoters

OR

I can upload the PDF Format of MOA & AOA by putting Sd/- and submitting Orginal Documents to ROC?

Hi,
My aunty received gift cheque from her son in $ is it taxable, what is the limit of amount non-taxable for gift from NRI in $?

Whether there is any tax liability on the amount of share received by the HUF benificieries after all the payment of Taxes applicable to the HUF?

Thanks.

I just want to know whether service tax on Rent of Immovable property is still going on or it is withdrawn.

Mr X, brother of Mr y holds some shares in physical form.Mr X is an NRI , but has demat a/c ( without trading facility).Mr Y has demat with trading facility , so Mr X requests Mr Y to get the shares converted in demat form & sell them in Indian Market.Mr Y performs the same for Mr Y.The entire sale proceeds of shares sold by Mr Y , is transferred by Mr Y to Mr X. Hence is it necessary for Mr Y to show this sale of shares in his return of income , as Mr Y does not file return of income due to his NRI status ?

So many file seen at this site related to TDS rate applicable w.e.f. 1-10-09 with comments that "No surchage or Cess is applicable for TDS w.e.f. 1-10-09, only the specified TDS rates should be considered for deduction applicable for AY 2010-11"

Surcharge is OK but regarding Edu. Cess (2% + 1%) not mentioned in any budget presentation/matter.

Please clarify regarding Ed.cess other than non-salary case applicable or not w.e.f. 1-10-09 ? and source of input.

Regards

Hi,
Only 2 months are remainng for ICWAI Exams December 2009. I am appearing for Inter Stage 1.Would u pls suggest how to study in this span of period to get good marks.
Thanx

Hello
I want to know Best Books For CS
Subject are:
1. Company Law
2. Economic & Labour Law
3. Security Law & compliances

Please Reply

Regards
Sumit Tayal