Interested to Buy Any Domain ? << Click Here >> for more details...
company definition
- 1 Answers
- 4551 Views
- I also Faced
- E-Mail Answers
Answer / brjsh-9899449348-brjshgupta26@
As per Section-3(1)(i)Company means a Company Formed and
Registered under the Companies Act,1956 or any other
earlier Companies Act in India.
A Company may be Incorporated or Un-incorporated.
Incorporated Company means a Company Formed and Registered
under the Companies Act,1956 or any other earlier Companies
Act in India.
Un-incorporated Company Such as Partnership Firm , mere
Collection of Individuals.
Every Company is a Body Corporate but Every Body Corporate
is not a Company.
As the Company includes only the Company incorporated in
India whereas A Body Corporate includes both the Company
incorporated in India or Outside India.
Foreign Company can never be a Company
but
Indian Company may be a Body Corporate.
Body Corporate does Not include the Following :─
(1.) Corporation Sole (Single).
(2.) A Co-operative Society
(3.) Any other entity Notified by CG in official gazette
of India in this regard.
| Is This Answer Correct ? | 3 Yes | 0 No |
Tax exempted area for Textile, f form transactions are applicable? During the job work can company issue F form and receiving F form? This question for textile unit.
bank does not give loan unless they ascetain full repayment of their loan,then why need of collateral securities
when was the supriem court was first inogorated?
We want Taken credit of Vat on capital Goods (Fixed Assets) is it posible if Yes How can we treat if no Why Reasion
Under which section of indian contract act quasi-contract r given????
I have purchased bitumen from outside state. please confirm whether i have to pay difference vat on purchases value apart from entrytax
what is the process of registering a Pvt lTD Co in MCA & Tax Authority India (sales Tax, Service tax, Excise Tax, Income tax )
I have a B2 visa. can i give my toefl exam in america on a visit there?
who is best to represent cases to the small courts
How to Calculate Service Tax on verious intity and TDS on various Party
A Company puts an advert in a local newspaper: 'Buy our brilliant guide to getting into university and we guarantee you will be offered a place at your first choice or your money back and £1000'. James buys the guide, follows its advice but is rejected from everywhere he applies. The Company refuses to give him his money back. Can he sue for breach of contract?
There are three partners in a partnership firm. The firm has office premises in the name of firm. Depreciation on this asset is charged every in the books of the firm. Now after depreciation the book value of this assets has become Rs. 1000. Whereas the market vakue of this premises id Rs. 10 crorer. To bring this property at MV the partners revalued this premised at Rs. 8 crorers in the books of the firm and accordingly credited partner's capital account in their profit sharing ratio. My questions are as under. What is the income tax liability of the firm on revaluation? What is the income tax liability of partner of each partner on revaluation and credit to his capital account. In future whether depreciation to the firm is allowed on revalued amount under the income tax act. What happens to the tax liability if one partner withdraw his entire capital from the firm which includes credit on revaluation of office premises? When partners can withdraw out of their credit balance in their capital account without attracting any tax liability either by the firm or by partner? What happens if one partner retires and he gets amount equal to his capital account which inclides credit on account of revaluation? is there any tax liability to the retiring partner?
-
Law AllOther (806)
