Spice Form l Unclassified authorized Share Capital

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Sonali Gupta

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Mar 30, 2024, 5:49:54 AM3/30/24
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Dear All,

Have incorporated a company with authorised capital INR 100000.

However, in Spice form erroneously "Total unclassified authorized share capital (in INR) has been mentioned as 1,00,000. and so the authorised share capital is being reflected as INR 2,00,000.

Kindly advise how to make the correction.

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Thanks & Regards,
Sonali Gupta,
ACS, B.Com,

PEOPLES ADVOCATE SREEMANNARAYANA MALLELA.

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Mar 30, 2024, 8:23:49 AM3/30/24
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Thanks & Regards,
Sreemannrayana.mallela
High Court Advocate & Tax Consultant(PAN INDIA),
cell no :+919677205265
MailID:PEOPLESAD...@GMAIL.COM
We regularly handle cases PAN INDIA BASIS from the stage of appearing before Assistant or Deputy Commissioners right up-to the Supreme Court on almost every tax issue to have arisen in the country. Our team has the expertise and ability to represent clients at various fora, including the Dispute Resolution Panel, Authority for Advance Rulings and the Supreme Court of India. The combination of advisory  litigation services provided under one roof gives we are  unique positioning especially in India, where the proportion to tax litigation is significantly higher compared to the other nations. Sreemannarayana mallela direct tax expertise covers all aspects of international and domestic tax matters including transfer pricing& indirect tax compliance. Our team outlines commercially viable structures and suggests arrangements to clients so as to achieve busingess objectives in a tax and regulatory efficient manner. We provide cutting edge and novel solutions to issues that emanate at the structuring stage of transactions with the view to providing forward looking tax strategies to our clients.With years of unparalleled expertise in the field of Indirect Tax Advisory and Litigation,  Our in-depth understanding of this field has led us to collaborate with various large multi-national and Indian clients across diverse sectors, industry associations and trade bodies. Our presence in multiple locations in India and proficiency in the management of multi-jurisdictional tax advisory and litigation matters enables us to provide Pan-India support to clients on GST.Advocate Sreemannrayana.mallela

Advocate & Tax Consultant,

A.P. High Court.

cell no :+919677205265

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ATI

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Mar 31, 2024, 1:56:04 AM3/31/24
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Firstly you have to file INC-20A with the details for 200000 authorize capital. Once that form get approved then you can file other form like SH-7 in order to make correction/reduce in capital
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