as per new companies act 2013 a company cannot give loan or investment to director .

my client is director in 16-17 private companies . the companies have internal group transactions. ie loan given and taken . the compaines have purchased share in sister concern though the holding is less than 10%.
what should be done for these loans and investment according to the new companies act.

i will taken loan from my company of Rs.100000/- in april, 2014 monthly installment from april, 2014 of rs.10000/- my total taxeble income after computation is rs.269530/- for the f.y.2014-15 So how much TDS deducted from my advance salary of rs. 1 lakh?

how much money can be given in cash as gift by son to mother. Please confirm it.

Treat it as most urgent

Hello friends,

Here I like to discuss the taxability of Capital Gains in the following situation...

1. Mr A the owner of land has executed a registered power of attorney in favour of Mr. B.

2. Mr B has sold this land to Mr.C through POA.

I like to know that who will be liable for capital gains tax?? Mr A or Mr. B?

Dear sir

I have a doubt regarding accounting treatment of purchase of share for investment purpose by a proprietor.

please help me to pass journal entry for the same in the books of account.and please explain the rule behind such an entry.

Thank You.

Dear expert,

Can a person open a PPF Account for his wife and his child..?
Can we opt for a joint A/c ?

Pls reply !!!

Dear sir,
Can I File the Itr-1 for the AY 2013-14 after 31-03-2014. TDS already deducted by the Employer. May i get any penalty for late filing of ITR-1.

I am Just wanna to know that if an assessee filed E-TDS Statement after Due Date without payment of Interest u/s 234E...& thenafter if an Assessee got an notice from IT Department for initiation of Interest u/s 234E...On that case whether an Assessee is Liable to pay Interest u/s 234E? However Tin-NSDL center accept the TDS Statement without Interest u/s 234E.... Whether Notice u/s 234E can be issued by Dept., as same E-TDS Statement is already filed by an Assessee though after due date...???

Read more at: https://www.caclubindia.com/experts/modify_message.asp?entry_id=812480

Respected sir/mam

If a company wants to reduce the subscribed capital mentioned in memorandum at the time of incorporation, so is their any provision for reducing the same in companies Act 2013

regards

I am Just wanna to know that if an assessee filed E-TDS Statement after Due Date without payment of Interest u/s 234E...& thenafter if an Assessee got an notice from IT Department for initiation of Interest u/s 234E...On that case whether an Assessee is Liable to pay Interest u/s 234E?
However Tin-NSDL center accept the TDS Statement without Interest u/s 234E....
Whether Notice u/s 234E can be issued by Dept., as same E-TDS Statement is already filed by an Assessee though after due date...???