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Sec 144

Auditing

answered on 18-May-22 18:18

If Services are rendered as per section 144 by an auditor to Company or its holding company or its subsidiary company then the auditor is disqualified. The provision speaks only about company, its holding company n its subsidiary company. Does not speak about associate company or joint venture or any other company. Therefore services can be rendered to any other company or firm other than those mentioned above.?

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Thankyou so much

Sathiya Bama

Sathiya Bama

CA Final

24K+

9

582

MGT

Corporate & Other Laws

answered on 17-May-22 09:58

All are transactions void? Are 1,2,3 valid nd 4,5 void? In this question

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Adjourned meeting can bd conducted and again in the Adjourned meeting also if no quorum them members present wi be quorum

Be The Change

Be The Change

CA Inter

11K+

5

469

Deposits

Corporate & Other Laws

answered on 17-May-22 09:00

In which case share application money will be considered as exempted deposits

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60 days from receipt if allotment is not done and 15 days from such 60 days, application money is not refunded Then share application or advance money is treated as deposit under Rule 2

nisam M

nisam M

CA Final

23K+

1

404

Negotiation intrument

Corporate & Other Laws

answered on 17-May-22 12:22

What is meaning of this in simple words and in short In image starting paragraph " no possessor and ending " in due course "

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Thank u for replying

nisam M

nisam M

CA Final

23K+

2

345

Filing return of income

Direct Taxation

answered on 17-May-22 10:36

What is the additional details mentioned in 139(6)and (6A)

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(6) Particulars of income exempt from tax, assets of the prescribed nature and value, held by him as a beneficial owner or otherwise or in which he is a beneficiary, his bank account and credit card held by him, expenditure exceeding the prescribed limits incurred by him under prescribed heads and such other outgoings as may be prescribed. (6A) In the case of an assessee engaged in any business or profession, furnish the report of any audit under sec 44AB, or, where the report has been furnished prior to the furnishing of the return, a copy of such report together with proof of furnishing the report, the particulars of the location and style of the principal place where he carries on the business or profession and all the branches thereof, the names and addresses of his partners, if any, in such business or profession and, if he is a member of an association or body of individuals, the names of the other members of the association or the body of individuals and the extent of the share of the assessee and the shares of all such partners or the members, as the case may be, in the profits of the business or profession and any branches thereof.

nisam M

nisam M

CA Final

23K+

1

416

Filing of return of income

Direct Taxation

answered on 17-May-22 03:42

What is this belated return ?

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Thank u bro for replying . Good work bro

nisam M

nisam M

CA Final

23K+

2

480

Filing Return of income

Direct Taxation

answered on 17-May-22 12:22

What is the meaning of 2 points Why interest is paid while filing return What is the 2nd point meaning can u pls give me example for 2nd point

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Thank u sir

nisam M

nisam M

CA Final

23K+

6

396

Return of income

Direct Taxation

answered on 17-May-22 10:29

What is the concept of filing return through TRP ?

latest answer

It is a program announced by the IT Department which has the objective of helping small and marginal taxpayers to prepare and file their income tax returns

nisam M

nisam M

CA Final

23K+

1

457

GCA

Corporate & Other Laws

answered on 17-May-22 10:01

why timber is not a immovable property, this is a benefit arising out a things attached to the earth know Pls refer the image

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When timber sold...it is movable property

nisam M

nisam M

CA Final

23K+

5

420

What is the answer to this question

Corporate & Other Laws

answered on 17-May-22 09:16

What is the answer to this question

latest answer

Sec 3(22) of the General Clauses Act defines good faith as "a thing shall be deemed to be done in "good faith" where it is in fact done honestly, whether it is done negligently or not;" Section 52 of Indian Penal Code, 1860 gives a negative definition of the expression â?? good faith â??. It merely says that if something is done or believed without due care and attention it is not done or believed in good faith. So if its under general clauses act, then Mr.X's carelessly without enquiry needs to be considered. If its honestly done (whether negligent or not) then its done in good faith.

nisam M

nisam M

CA Final

23K+

8

563