No, a person cannot claim ITC for items that were stolen, lost, destroyed, or written off. Additionally, ITC with regard to products given as presents or free samples is not permitted.
Name of a company is what differentiates a company from others and it builds the image of the Company. For reservation of name, Form RUN is required to be filed with the Registrar of Companies (Registrar/ RoC).
In general, name of a company is divided into three parts:
[Trade Name] + [Object to be pursued by the Company on its incorporation] + [Limited/ Private Limited]
For Example:
HCL + Technologies + Limited
[Trade Name] [Business Activity] [Business Structure]
While choosing the name for a company, it is very essential that the person shall keep the following points in mind:
For detailed provisions on reservation of name Click Here