Query: Mr. X is an Individual want to give Loan to Mr. Y also an Individual, amounting to Rs. 1 Crore/any amount may be for long/ short term.
1. It is possible to give loan without Interest?
2. If loan given at interest, What should be the minimum interest rate?
3. If there is no interest charged on loan then what will be the effect under income tax act?

how do i show the TDS in closing of accounting years . i have to paid vendor . bill is for the month of march'14. payment for this vendor release in april'14. how do i treat the tds in books ?

A resident assesse has taken housing loan from bank and build-up a house. in this house assessee has started the business. whether this loan interest has allowed as business expenditure or loss from house property.

Is there any need to change the Articles of Association of an existing Pvt. Ltd. Co. under New Companies Act 2013? And explain the procedure also.

Sir please tell for which assessment years the exemption from filing ITR was granted by government to salaried assessees whose taxable income was under Rs 5 lacs.

Though from AY 13-14 notification granting such exemption was withdrwan by government.

I am sure for this exemption for AY 12-13 but was it applicable for AY 11-12 or not please confirm..thanks

I am in training and while trying to amend the address for one of my client in service tax. It is not providing me such option to amend in REG menu tab. the titles which I am getting under the tab are as follow -
Fill non assessee
Fill ST-1
Change password

Also no other tab is showing sub menus e.g noting is coming under RET tab.
Please help

Hi

We are a company appointed Company Secretary. But he is not filing Form 32 with MCA. He outsource the same and say only company secretary in full time practise can upload the form.

Please clarify whether Company secretary appinted by the company cannot file Form 32 in MCA site.

Thanks

what are the tax implications if an assessee has multiple flats and at a point of time such assessee destroys all the flats and builds a single house in the same area.Please clarify my doubt.thank you

Dear Sir/Mam

As per new companies act share application money pending allotment has to be either refunded or allotted or to be treated as unsecured loan.
My question is what are the implications of treating such application money as current liability. Can a company do so or it has to be strictly treated as unsecured loan?

Thanks and Regards
Drishti

sir my query is till now i didnt recvd my markshhet as i clear my ipcc 1st grp in nov2013.
what should i do besides using e-sahaytha.