iam the family head and iam filing my incometax return every year, i purchased a flat at hyderabad in my children name he is a student and he is a major, the property was purchased in the year 2008 and the said above property was sold in the year 2012, when i sold the property, purchaser given the cheque in the name of my son when i went to bank to withdraw the cheque banker asked me the pan card of my children so i gave my son pan card number and the banker suggest me to withdraw the money through your son bank account only you cant draw this money into your account, i submitted the cheque in my sons account in that day i withdraw the money of Rs.50000/- for the purpose of advance for new land to built a new residential house in that land, that land was registered in my wifes name, if i built a new house in that land can i avail the capital gain tax benefit or not.

Dear Sir,
My friend working as a employee in ICICi lombard general insurance. are they eligible to give any bonus to employees?
thanks and regards

Will TDS be liable to be deducted on payment for advertisement exp. to Pensa Media Solutions Pvt. Ltd which has been an Authorized Google AdWords Agency in India since January 2011?

Please reply.

Sec 42(1) prohibits the subsidiary holding shares in holding company.

What is the logic behind this prohibition?

Thanks

Dear All,

One of my Client's Company is having outstanding balance of their foreign suppliers for more than one year. They have not communicated with RBI on this front.

What is the procedure for repayment of same??
Also, can the same be converted into Share Capital??

Thanks in advance.

Can i get a Draft resolution for the appointment of the trustee

Urgent

allotment should be valid only when member agree in writing for the same.. my question is , application for share by puplic is enough or their is any other formalities regarding same.

COMPANY
X (DIRECTORS-A,B,C,D)
Y (DIRECTORS-A,B)

Z (DIRECTORS-A,B)


X & Y are running company at present filing all documents, annual returns at ROC ( EXCEPT in one year-2005 - Annual Return was not filed)
BOTH COMPANY X & Y are using Bank Finance.
Z company – business was closed but ROC documents was not filed after closure - either not for closing and not for regular annual returns etc.
Now as company X & Y are using bank finance they have to file ROC FORM-8 for creation/modification of charge. But as Director A & B are also director in Company-Z (being Defaulter company) – company X & Y could not modify charge due to lack of signing authority ….
What should be done for filing Form-8 ?????
Pl answer urgently….. pl …

COMPANY DIRECTORS
X A,B,C,D
Y A,B
Z A,B


X & Y are running company at present filing all documents, annual returns at ROC ( EXCEPT in one year-2005 - Annual Return was not filed)
BOTH COMPANY X & Y are using Bank Finance.
Z company – business was closed but ROC documents was not filed after closure - either not for closing and not for regular annual returns etc.
Now as company X & Y are using bank finance they have to file ROC FORM-8 for creation/modification of charge. But as Director A & B are also director in Company-Z (being Defaulter company) – company X & Y could not modify charge due to lack of signing authority ….
What should be done for filing Form-8 ?????
Pl answer urgently….. pl …

how to get a easy way to remember the theory in business law,company law,ethics and communication.