Want to open a company with initial 2/3 member. The problem is coming to the company address.
Can we give home address in the address for the company registration and Tax related documents?
If home address is given, does it increase tax burden?
Can Government house be used for this address?
Heard from someone that legal firms are exempt of service tax. is it true?
Proposed name: xxxxx Research and Consultancy Pvt Ltd.
They have asked us to delete point 5 and 8.
I think 5 cn be deleted, as supply of manpower need not be specfied. but point 8, I wish to keep as I want this company to interact with faculty of various IITS and technical institution and make TV programs and writeups and make people aware of science.
Please suggest:
1. To provide research and consultancy services related to scientific, industrial and socio-cultural issues to organizations and individuals whether in India or abroad.
2. To engage in and promote scientific, industrial and socio-cultural and other research activities of national and international importance and relevance.
3. To promote research and development activities in the field of all branches of knowledge including but not limited to music, sports, performing arts, liberal arts, sociological issues etc.
4. To develop research based scientific solutions in order to support and promote individuals and organizations in the field of music, sports and performing arts.
5. To educate, train and create a pool of scientific and technically skilled manpower.
6. To undertake groundbreaking and innovative multi-disciplinary and inter-disciplinary research in order to bring positive social changes and promote sustainable development.
7. To provide scientific, technical and engineering consultancy services and to assist and support private, semi-government, non-government and government organizations and academic institutions in conducting scientific, industrial and socio-cultural research activities.
8. To publish, disseminate, broadcast or otherwise communicate the research findings through all existing and future mediums including but not limited to internet, television, print, cinema, radio, theatre in the forms of multi-media, audio-visuals, articles, theatrical performances and other presentations.
When forming company, to write objectives, these CAs advice to add all INCIDENTAL OR ANCILLARY that include even purchase and sale of alcohol. The company is related to formation of a company to intiate and ignite research in various fields, to assist educational institutes directly by supplying technical man power or by helping smaller college colaborate with better college. Now, obviously when we wish to help or do, we will make Video and web publications for news paper, TV and web propaganda.. The company name proposed is XXXX research and Consultancy Pvt Ltd. Now my question: while forming the company the CA is objecting to:
I have also deleted the object "To create multi-media based content to highlight the activities." as this doesn't fits into the concept of object of the company and also that this can be done as regular business activity even not mentioned in the object clause.
I don't understand when purchase and sale of alcohol is put by force, why does he have this objection?
CCS rules state that the maximum leave allowed is 2 years. For medical, it is 3 years. Now one person in enginnering back ground wishes to do PhD. This is impossible in 2 years. Is there a way he can get 3 years leave? He is a Nagaland Goverment Subdivisional Officer (assistant Executive officer)
In IITs, the institute claims that they automatically own what we discover, despite giving us full control and 70% income that arise out of it. I wonder what is wrong in sharing ownership?
Most international colleges, require explictly signing that clause of acceptance. But that is like forced signing. Because, to give some rigt, there should be some additional cost defined. How can a job be linked to giving away ones own right?
In IITs, no such paper was signed. They cannot even show any document.
And when we have to submit, they ask us to sign a document where we have to unlaterally, unconditionally assign the invention to IIT.
I didnot want to sign this. i wanted to state the truth that IIT is automatically the owner as it is paying me the salary. this was not excepted.
I have approached various time to IIT to resolve the issue. But they wont.
If you think I have a point, where I can gain my right to own and file my inventions at my own cost, please help me file the case.
Assume all wealth is generated after marriage. Assume best case scenario from wife point of view. What is the general rule in deciding the property division and alimony?
Assume the couple has one son, staying in hostel and court decides that responsibility of son stays with father and mother gets time if son is comfortable. So 12+ and has his own feeling and do not go well with mother and prefers time with father.
The question is about alimony and property division. Please do not divert the division about child custody.
In case two consenting adults agree to live together without getting married as live-in-partner/mistress, can a mutual consent legal document be prepared for travel, avoid police harassment and other address proof needs? The case is related to wife not accepting divorce, husband not ready to file for divorce as it is mentally taxing, and wife accepting (not explicitly) to live live as it is.
Even in TV they are now openly showing mother slapping children. Is it really ok? In Hitler didi, the girl openly slaps the man, is it ok?
In other word, suppose a man slaps his wife, does it automatically become 498a? or does it become 498a when she is forced to suicide type relationship or when her limbs are in danger?
(likely to drive the woman to commit suicide or to cause grave injury or danger to life, limb or health (whether mental or physical) of the woman)
Tax audit vrs audit under company's act
For a Pvt. Ltd. company with following turn over
a) FY 11-12 4 lakhs
b) FY 12-13 0 (Zero)
c) FY 13-14 20 lakhs
Audit under tax is not required, while audit under company's law is required/
What is the practical difference? In company's law, if the lawer is any way checking all details, like bills etc. what is the point of not submitting audit under income tax act?