Regarding form 8 (Charges)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 January 2011
Dear Professional Colleagues
A Bank sanctioned BG limit of 125 Crores and CC Limit of 5 Crores to XYZ Ltd. While filing form 8, Company fill CC limit of 125 Cr. & CC limit of 5 Cr. i.e. forget to write BG and write CC in place of that.
Is there is any alternate available to rectify the mistake or XYZ has to approach the CLB to rectify the same.
Regards
Abhishek Sharma
A Bank sanctioned BG limit of 125 Crores and CC Limit of 5 Crores to XYZ Ltd. While filing form 8, Company fill CC limit of 125 Cr. & CC limit of 5 Cr. i.e. forget to write BG and write CC in place of that.
Is there is any alternate available to rectify the mistake or XYZ has to approach the CLB to rectify the same.
Regards
Abhishek Sharma
11 January 2011
According to me this is a pure clerical error, hence you may ignore this.
The charge is created for the full amount of loan, only the category is wrongly mentioned. Again the attachments and supporting documents to Form 8 will clearly show the bifurcation.
If still you want to carry out the correction you can try modification of charge attaching same documents.
The charge is created for the full amount of loan, only the category is wrongly mentioned. Again the attachments and supporting documents to Form 8 will clearly show the bifurcation.
If still you want to carry out the correction you can try modification of charge attaching same documents.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Tds on building rent monthly
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- RCM INVOICING FROM NOV-2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
