A Company obtained a loan of USD 500k from one of its group of companies in UK in contravention of the notification Notification No.FEMA 3 /2000-RB dated 3rd May 2000. The Company approached RBI to condone this. Would u pls help me in knowing the max penalty/fine,the company will face in this matter.

THIS WAS URGENT FOR ME

i want to about tacit contract...can u give me an example of tacit contract?

Hi,

My doubt is about entertainment tax applicability...
Entertainment tax is applicable on each and every activity for any entertainment event or programme.

But query is whether Ent. Tax is payable/applicable on those events where the enteries are based on the invites not by tickets?

Thanks & Regards,
Vikas Mehta

what is the meaning of interim order?

A Doctor, resident of India, received a pension from UK government for the health care services(Government) he rendered in UK.In this context please let me know whether his pension is taxable in both the countries or only in one country.

In case it is taxable in both the countries , is there any possibility of setting of the tax paid in one country with the liability of other.

what are cosequenses (penalties) for non performance of limited review of a lisited company

What is the meaning self prospectus?

an assessee is working at two organisations at the same time.

Both the organisations don't have any knowledge about each other.

the second organisation deducts the tax at source.
is it lawful for the assessee to work at two organisations at the same time without telling both the organisaitons about each other.
as while filing the return, he has to show the gross total income adding thereby the income from both the organisations.
what if he shows in his return the income from only first organisation, where tax comes out to be nil.. but TDs has already deducted from income from second organisation......

both are private organisations...

pls help what to do..............

hai everybody,

i am a final student , i wanted to know
is it necessary to remember section numbers and case laws in CLSP and DT and IDT.

Do we lose any marks if we do not quote the section numbers

please help.

one person has taken the cheques of other party and discounted in his bank and bank sent these cheques to concern banker for payment , on the presentation the cheque was returned wothout payment as there was no enough amount in party's bank account. Who will be liable to make the payment to banker as it payment was already taken by holding party