Gift received from relative , having value more than Rs.1 lac shall be considered as Foreign Contribution or not ?
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I am confused in interpretation of Definition of Person Resident in India (PRI). If the deciding test is of 182 days so if a person is Resident for less than 182 he should be directly considered as “Person Resident Outside India” ...
Reference: CA Final MTP March 2018 Question 2(b) Doubt: Effective date of resignation is 15th Feb but he joined another company (HXL Ltd) on 13th Feb. That means he’s holding 2 directorships simultaneously. Now according to section 165 if he has ...
Reference: CA Final MTP April 2019 – Question 9 Doubt (1): I didn’t understand the question at all. He is the Managing Director of SLR Ltd then how come he is proposed to be appointed as DIRECTOR in the same company, I ...
In this extract of Sec 32A it is written that proceeding initiated during CIRP will Stand discharged. but how is it possible that a proceeding got initiated “During” CIRP as moratorium starts immediately on commencement of CIRP
what do we mean by the Proviso in the given extract of Sec 149(6) regarding the eligibility of ID. The text only mentions about past 3 yrs so does it mean that relative current employee – Person not eligible to be ...
whether a director appointed to fill casual vacancy as per sec 161(4) will be regarded as non rotational while calculating the retiring directors under sec 152(6) ? also what about the status after their appointment approved in the immediate next ...
Vinayak khemaniBeginner
If act done honestly but neglegently is it covered in definition of good faith as per general clause act ?
Tushar ChoudharyBeginner
I make the following remittances during the year : 1) I make an expenditure of $2 lacs for foreign travel on 15th June 2021 and expenditure of $ 1.5 lacs for medical expenses on 15th December 2021. 2) I make an expenditure ...
AshwinIntermediate
The board of director of quality forging Limited having paid up share capital of rupees 80 lakh appointed Ram Marketing Private Limited as a sole selling agent for for period of 5 year with effect from 1st January 2014 the ...