My first question is that somebody purchasing a flat for amount Rs. 90 lakhs. (Market Value)
But the actual value of that flats, as per circle rate Rs. 10 Lakhs, after approaching the seller, seller is agree to sale the flat on paper double the circle rate i.e. 20 Lakhs.
Know the question is that buyer is purchasing the flat @ Rs. 20 lakhs as a white (through cheque) and rest of the amount Rs. 70 lakhs as a Cash.
But, the problem is that the buyer has all amounts in Bank as a white. If buyer withdraws the entire amount as cash from Bank Rs. 70 lakhs. Can Income tax department ask, where is that money use. If they ask what is the solutions.
As per the present market without Black no body can purcahse the flats in white. Can they say we are giving the amount to individual as a Cash.

is new company ammendment bill applicable on nov 2014 ca final since only signatures by president are left ...

I am an arts graduate having eight years of experience as an assistant in a tax consultancy firm. Now I feel that I can myself provide tax consultancy service to individuals etc. But sir, I want to know only one thing that as I am not a commerce graduate or CA or advocate am I able to provide such service legally ?

Please sir, help me in this regard and thanks in advance.

sir .... i want to the treatment of advance given to directors on account of exps by pvt co in cash (exceeds Rs.20000 ) ... what will the treatment of that as per it act & and co act ..... ????

X duly qualified cost auditor,consented to the company for his appointment as cost auditor,and accordingly,govt approval for his appointment was obtained. The cost auditor, later on,did not accept the offer.
Advise the company hoe to proceed in the matter.

This is a question for 6 marks and plz reply at the earliest.

Is it mandatory to change the name of Pvt Company while changing its main object where new objects are different to Company name. If yes then under what section is it written

Experts,

The Company was incorporated in July, 2012.

In this case how many Board Meetings Should be held?

Thankyou.

Can anyone please tell me that in form 3CB-3CD Point no.18 that reads:

"Particulars of any payments made to persons specified under section 40A(2)(b)"

In this point, should we give details of all payments made to each person specified under this section or we should just give details of payments that are dissallowed as per this section .i.e. these are not allowable as expenses?

Please reply.

How shareholders appoint a directors ???

and

Director can be a shareholder or not ???

i want to know important topics to study for icsi december 2013 exams in company law