Balwant Rawat (Management Trainee) (153 Points)
12 March 2016
Megha Choudhary
(Management Trainee)
(541 Points)
Replied 12 March 2016
i am doing the same for last year..there is quite alot of trouble doing the same
Balwant Rawat
(Management Trainee)
(153 Points)
Replied 12 March 2016
what kind of trouble?? is dis possible??
Megha Choudhary
(Management Trainee)
(541 Points)
Replied 12 March 2016
filing issues..u cant file pas-3 later than 270 days...the penalty is huge
ACS Parul Rawat
(Entrepreneur | Corporate Law Advisor | Lawyer in Making | AIR-8)
(218 Points)
Replied 12 March 2016
M nt sure but its jz a suggestion that you can revert the allotment money and pass fresh SR and then file the forms. Isnt it possible? coz 4 years gap is a serious issue, the penalty will be heavy one!
Balwant Rawat
(Management Trainee)
(153 Points)
Replied 12 March 2016
No its not possible to revert the money, as it is enter in books of account and same has been utilised. is there any solution??
ACS Parul Rawat
(Entrepreneur | Corporate Law Advisor | Lawyer in Making | AIR-8)
(218 Points)
Replied 12 March 2016
Whats the amount?
ACS Parul Rawat
(Entrepreneur | Corporate Law Advisor | Lawyer in Making | AIR-8)
(218 Points)
Replied 12 March 2016
Oh! Its a big amount i will appreciate if some CA or other related Prof. can guide over this. If SR can be passed again cz as per the act you have time of 12 months to allot shares and if it lapse then you have to revert the amount also i guess.
MOHAN
(ARTICLES)
(67 Points)
Replied 13 March 2016
MOHAN
(ARTICLES)
(67 Points)
Replied 13 March 2016
AJAY
(internal Auditer)
(33 Points)
Replied 13 March 2016
Megha Choudhary
(Management Trainee)
(541 Points)
Replied 14 March 2016
its not possible..i have the same issue..the amount has been shiown in balance sheet..and its over and above a year to it..so even i am confused how to do it
CAclubindia
