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Calculation Ratio how ????
Accountancy
answered on 01-Sep-22 10:56
Dear friends could you please explain me the total rupees 240 at the ratio of 1:6 how it was allocated and calculator please I need working
latest answer
Thanks
MPR Sanjay Kumar
CA Inter
★ 530
7
502
Acceptance of deposits
Corporate & Other Laws
answered on 31-Aug-22 15:05
As per companies rules (acceptance of deposits), 2014,Rule 2(1) (C) viii clause Here money so accepted means what? Is it funds which are given by the director of the company or relative of the director of pvt company? OR It is the amount of funds accepted by way of loans. Here by I'm attaching file for clarity.
latest answer
Thank you for clarification
Naveen Kumar
CA Final
★ 3K+
2
462
OPC One Person Company
Corporate & Other Laws
answered on 21-Aug-25 18:02
What is the significance of Resident word Here as they have given that whether resident or Otherwise, so whatever is the meaning of resident So why it is given here ?
latest answer
Under Section 2(62) of the Companies Act, 2013, an OPC is a company that has only one person as a member. Originally, only a resident Indian citizen could incorporate an OPC. But in 2021, the law was amended to make it more flexible. Before the Amendment: Only a natural person who is a resident in India could incorporate an OPC. "Resident in India" was defined as someone who stayed in India for at least 182 days in the previous financial year. So, Non-Resident Indians (NRIs) were not allowed to form an OPC earlier. After the Amendment (effective from 1 Feb 2021): Now, the law says: "A natural person who is an Indian citizen whether resident in India or otherwise can incorporate an OPC." Meaning of “Resident or Otherwise”: - Resident → Lives in India for ≥ 182 days in the previous financial year. - Otherwise → May be a Non-Resident Indian (NRI). So now, even NRIs can form an OPC. Why is "resident or otherwise" significant? - It expands eligibility. - Encourages NRIs and global Indian entrepreneurs to set up businesses in India as OPCs. - Supports the ease of doing business. Summary: The phrase "whether resident in India or otherwise" is used to explicitly allow NRIs (non-residents) to form an OPC, which was not allowed earlier. It's a significant change aimed at attracting investment and promoting entrepreneurship among Indians living abroad. For exploring India’s vast market and navigating compliances, it’s always advisable to consult a trusted OPC Registration service providing company (e.g. Setindiabiz) in India.
harkirat singh
CA Inter
★ 1K+
3
634
India Contract Act
Corporate & Other Laws
answered on 31-Aug-22 15:33
In ICAI module, it is given that in case communication of acceptance and revocation arrived at same time, revocation is absolute. But, in a mock test paper they gave answer in different form. Which one is correct?
latest answer
Yes its crt
Naresh Sundar
CA Inter
★ 2K+
2
641
Old vs new course
Exams
answered on 30-Aug-22 21:59
My CA-final exam is due in November 2024 . So i am worried about exams. Whether i should buy old course CA final classes and start preparations for exam or should i wait for new course???
latest answer
Thank you ð???
Jiya T
CA Inter
★ 10
2
600
capital gain exemption
Direct Taxation
answered on 02-Sep-22 00:05
currently I am in my own residential house and I am purchasing a another new residential house. And I have LTCG on sale of share 100000 am I eligible to claim exemption u\s 54F.(assume all other conditions are satisfied)
latest answer
Yes. You're eligible for deduction because you satisfy the condition of owning only one residential property at the time of re-investment in another resid.prop .
Elavarasi B
CA Inter
★ 46K+
2
470
Exam Form ssp portal
Others
answered on 01-Sep-22 17:04
My payment done+exam form submitted.Had got call from Icai helpline they told, do payment after 9pm and before 9am.Use only card or Paytm wallet.The reason is site is overloaded and for some reason there is upi payment related problem ,so use only card or Paytm wallet
latest answer
Thank you
pradyumna hariramani
CA Inter
★ 290
4
551
Esop
Corporate & Other Laws
answered on 30-Aug-22 19:29
What is minimum vesting period 3 yrs or 1? What is vesting of option?
latest answer
Vesting is a period in which the employee needs to comply with the prescribed conditions . So if he able to comply such conditions then he will be availed with stock options. So minimum period of vesting is 1 year
Sugam SM
CA Final
★ 9K+
2
422
Download Exam forms
Exams
answered on 01-Sep-22 16:31
How download Exam forms (PDF) after payment completed ?
latest answer
https://youtu.be/-MjJCyBiYCI
Shubham .shubham
CA Inter
★ 885
4
526
Indian contract act doubt
Corporate & Other Laws
answered on 01-Sep-22 21:57
Is this example 52 an example of trade combinations ? If not, what is trade combinations ?
latest answer
Trade combination !
sradha krishna sunil
CA Final
★ 5K+
6
537