Holding Co. aquires a loan from Third Party by private finance.

Holding Co. Advances loan to subsidiary co. from funds aquired above...

The Subsidiary Co. repays holding co. from cashflows recd from business....

Can these be treated as Deemed Div....
any other tax implications for this transaction...

Dear expert,
One of my client is a state govt. deductor and they are require to file form 24Q for the 1st quarter of FY 2012-13. Their DDO is not providing the receipt no. of Form 24G. Please advise me how to trace form 24G no. on internet or any other alternative in this regard.
Thanks in advance.

if son transfers his income to his parents than whether clubbing provision apply???
can he be exempted from clubbing if gift deed is prepared and transfer become irrevocable??

MY QUERY IS WAT SHUD I DO WITH LONG TERM LOSS?

1)SHUD I C/F IT IN NEXT YEAR N USE IT FOR NEXT 8 YRS AGAINST LONG TERM GAIN WICH MAY ARISE WICH IS ALREADY EXEPMT U/S 10(38)??????

2) WAT IS THE TAX RATE ON STCG ON SHARES FOR AY 12-13?

PLS REPLY AT THE EARLIEST,THANKS IN ADVANCE
EMAIL:samruta1feb90@gmail.com

My company didnt pay me anything for the days I worked in the month of May in my full and final since the notice period was not served. But still the salary for May is added into my Form 16 and tax was calculated on that amount. They say the part not paid is also taxable since it was my gross income although the amount was not paid. My question is in such case even when salary was not credited is tax payable on that amount

"liability of AOP/BOI " Vs "liability of the FIRM".whats the difference?

I have applied PAN for One of Korean Staff (on 08/08/2011) whose Surname is two character which is considered as INITIAL / SPECIAL CHARACTER in income tax data base, which is why his PAN is pending for more than One Year.

Now he has to apply for VISA extension but authority is not allowing him for extension with out PAN and he gets only two months to get his PAN.

Kindly suggest how do i get PAN for him.

If a person having NRO account with a bank wants to transfer funds into NRE account, whether he is required to issue Form 15CA and obtain certificate in Form 15CB ? Please guide and also please tell me any other formalities to be complied with.

234E - Fee for defaults in furnishing statements- If a person fails to deliver or cause to be delivered a statement within the time prescribed, he shall be liable to pay, a sum of Rs 200 for every day during which the failure continues. This provision is applicable from 1st July 2012.

Now my question is - will this section be applicable for any of the Quarter of F.Y. 2011-2012 i.e if any person who fails to deliver the Quarterly statement relating to F.Y. 2011-12 within the time prescribed and the person submits the statement after 1st July 2012. Then will this section be applicable to that person and penalty of Rs 200/- per day will be levied.

Sir, one my client is Flat owners association, regd society, got PAN for submitting the same to bank while making the fixed deposit. pl clarify whether its income is taxable, it has Rs80000/- ecess of income over expenditure (including the accrued interest on FD, for the year 31.03.12.