Hi All,

An Indian Company is a wholly owned subsidiary of a USA Company and that USA Company is in turn a wholly owned subsidiary of a UK Company.
1. Are the Indian Company and UK Company related parties for the purpose of Companies Act and Income Tax Act?
2. Is the case different if the US company is not a wholly owned subsidiary of the UK Company?

I want to know that now is it possible to file online the return for the financial year 2009-10 , 2010-11(Ass. year 2010-11 & 2011-12). I have read in newspaper that it is possible to file online upto March, 2014. I want to know whether it is correct? Please solve my query. Because normally it is possible to file for only two latest assessment years.

Dear sír, i want tó know about how much service tax is applicable for remolding tyres.

Dear Sir,

If we purchased a capital goods i.e. a machine then we credit 50% excise duty in current year and balance in next year. If the machine after two months become demolished due to short circuit & we further sale the demolished machine as a scrap then how much duty we will debit either 50% or 100%

As per section 4A of excise act, 1944 when goods are required to declare MRP then excise duty to be calculated on MRP value But my question as per defintion of MRP it includes all taxes then how custom duty can be charged on MRP price. Pls help in this confusion

hello evryone my name is tarun kumar and i have cleraed both groups of ipcc in nov 2013 ateempt and now i have to join ca firm for articlship and m belong to small city in haryana and now am confused about articlshp that should i take from my hometown or from delhi...but i have no refrence in big firms...and i have find some small firms in delhi. so please suggest me from where should i start articlshp and m intrested in job after clearing ca thanks

I had availed LTC in Dec 2013 and was paid 10 days salary as leave encashement on a/c of LTC...kindly clarify whether 10 days salary on a/c of LTC is taxable or not....

Regards

sir
i have a plot of rs 500000/-registrar valued it as rs. 600000/- at time of sale and it was sale for rs. 1000000/-,,so what will be accounting procedure for difference of rs. 600000/- and 500000/-...means what value should be taken in accounts

Dear All,
Good Afternoon.


Please guide me I want to change my Auditor (Principal) on a mutual agreement I want to quit the articles from the current Auditor on health cause.

I had completed 2 Year 3 Months Articleship. Can any one please tel me the procedure of Termination of Articles. And also tel me what kind of situations I may face in future because of this termination.

Thank you..

I have received a notice on Non filing of Income Tax return for AY 2010-11,AY 2011-12.? Cash deposited of rs. 1000000/- or more in year in a saving account both the year.i explained that time i was studying in t.y.bcom and my account operate in my uncle. he is selling footwear retailer. please help me how can close this matter because my salary right now rs 10500/- p.m. can i close the account or some different ? i don't ha ve money