Draft Rules for 8 Chapters under Companies Act 2013 made live by MCA

Download Draft Rules under Companies Act 2013 Phase II Here The draft Rules for following 8 chapters under the Companies Act 2013 is made live for public comments in 2nd phase. The last date of receiving comments on these rules is 19/10/2013: Chapter III - Prospectus and Allotment of Securities Chapter VII - Management and… Read More

Tags: Companies ActCompanies Act 1956Companies Act 2013Corporate Affairs MinistryGardensMassachusetts Comprehensive Assessment SystemMumbai Cricket AssociationSharad Pawar

Share application money is not loan or advance

Ratio Decidendi: Money paid in advance for Share application cannot be treated as loan or advance or Deemed Dividend as under Section 2(22)(e) of the IT Act. CLR Editorial Note: The assessee was a beneficial shareholder of two companies named Kingston Properties P Ltd. (KPPL), New Dimensions Consultants P Ltd (NDCPL) & R. S. Estate Developers P Ltd… Read More

Tags: Advance paymentAllotmentsCITCommonwealth Law ReportsDividendFull Case DocumentGardensITAT MumbaiMumbaiOrder of Australia

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