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Books of account kept by a company at a place other than registered office ‑Requirement of filing of notice with Registrar of Companies
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Books of account location: companies must file notice for out of office books; registrars advised not to charge delay fees.
Companies keeping any books of account at a place other than the registered office must file the prescribed notice in Form No. 23A with the Registrar of Companies and pay the usual filing fee; registrars are directed not to charge additional fees for delay in filing such notices.
Deduction of outgoings for purposes of computation ‑ Whether political contributions constitute outgoings within the meaning of clause (j) of sub‑section (4)
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Political contributions as outgoings: deductible only when made for commercial expediency under illustrative statutory language.
Contributions by a company to a political party or for a political purpose constitute outgoings for computation under clause (j) of sub section (4) only when made for commercial expediency; the illustrative phrase "outgoings inclusive of..." is not exhaustive, so lack of a specific reference to the enabling provision does not prevent such treatment.

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Prospectus ‑ Shares reserved for subscription on firm allotment basis ‑ Whether excluded in arriving at number of shares offered to public for subscription

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Public offer size disclosure must exclude shares reserved on firm allotment to prevent misleading investors.
Inclusion of shares reserved on a firm allotment basis in the number of shares stated as offered to the public risks confusing or misleading investors; ... Summary

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Acts Income Tax