Dear Experts

My company was incorporated in the month of Nov 2016 but account opening took 3 months owing to PAN and other formalities. Thereafter we received share application money from subscriber to Memorandum of Association of Company.

Time limit for issue of share certificate is 2 months from the date of incorporation of Company (section 56). How should we go forward now? Three months have already been passed.

Waiting for your valuable suggestions. Thanks in Advance!

Regards, Nitin

I know that 11(5) is applicable for 11(2) conditional accumulation. But should a trust invest the 15% accumulation also in 11(5) specified investments? If yes pls quote any case laws/ notifications/ references.

if I construct One flat for rs 1lakh in 1980 and sale it for rs 33 lakhs in Nov 2016. what is tax treatment

which first can be set off
current year loss or brought forward loss against income.

what is manner of set of losses :
first set of losses from inter sources adjustment and next inter head adjustment is it correct. is correct or incorrect please reply in brief.

One of my friends ITR Is rejected after filing in default u/s 139(9) so now suggest me how can he file the return as he have refund of 45000/ plz reply asap

For doing this, before proceeding to fill up the exam form, candidates are advised to download the format of Certificate of Service, fill in the particulars, get it attested from Principal/Member, scan the same as a Jpg/Jpeg file of size 100-200Kb/ 200DPI resolution and keep it ready for uploading. While uploading, candidates are advised to take an undertaking that the image being uploaded pertains to the current exam. what is mean that candidates are advised to take an undertaking etc..

Dear Experts,

Kindly advice on the following matter.
1. A person is holding 2500 Shares in a company and also a subscriber to memorandum. He is also director, now he wants to retire from the directorship. Kindly advise
a) can he do so?
b) What is the procedure for doing the same ?
c) Can he first Resign from directorship and latter transfer the 2500 shares in the name of another director?
d) What is the procedure for transfer of those 2500 shares in the name of another director?
e ) What are the required documents to effect above-mentioned changes

Kindly advise on the above on urgent basis.

I Have submitted form 112 before 1.5 month to obtain permission to study other course, but still now i didnt get any intimation from the ICAI, can anyone advise me ? should i do anything further, or i can assume as its approved and i need not to look forward???

Sir, i submitted form 112 for obtaining permission to study other cource before 1.5 month, but still now i didnt get any intimation from the ICAI, can anyone advise should i do anything further?