Case : X Ltd. was incorporated on 01-02-1998 and Mr. P was appointed as auditor by the Board of Directors in their meeting held on 03-03-1998.

According to sec. 224, the board of directors shall appoint the first auditor of a company within one month of the date of registration of the company by a valid resolution. Further, if the board fails to do so shareholders shall appoint first auditor in the general meeting.

In the present case the date of incorporation is 01-02-1998 and the directors have appointed Mr. P as the first auditor on 03-02-1998 i.e. to say after one month.

Query : was this appointment valid or it should be deemed as void so that it could give rise to the powers of Central Government conferred upon it by sec. 224(3)

hi to all,
During an audit i found that the company is not collecting forms of sales tax like as C/H/F in haryana.Company is listed in stock exchange and have a division in bahalgarh haryana.When i checked the sales ledger of bahalgarh division i found that there is huge sale against C form and company did stock transfer to it's delhi division but company did not collect forms with in year.When i asked them they said that we collect forms when service tax department ask for that even we did not collect forms for FY 2006-07.In my opinion they should collect it with in three months.But i am confuse about haryana sales tax rules is the rules for haryana differ about this. Please guide me about this and also suggest if company have sale of rs 1000000 against C forms then what is the panelty and interest if there is any.

Please tel me how to calculate Insurance and Pension for India and UK?

Please tell me how to calculate insuance and Pension for India and UK?

what is the TDS rate in case of Car hire charges .
if car hire for the whole month, will there any changes in rates ???

sir,
iwant to complete my c.a. by appearing in group II of c.a.final,clear group I in 1991 so what is my status? whether i have to clear group II only or again i have to clear group I

sir,
i have clear my group I of c.a.final in 1991 now i want to appear in group II of final c.a.then what is my status for groupI earlier clear,now i have to clear only group II to complete my c.a.course.

Is the monthly pension received under LIC pension scheme taxable?
If it is exempt under which section

Is the annuity received under LIC pension scheme taxable?
If it is exempt under which section

Wil u refer me best books for PCC studies of all subjects ?? I am searching very eagerly.
Plz.