SIR, ONE OF MY CLIENT HAS MADE CAPITAL GAIN OF 700000. HE WANT TO TAKE EXEMPTION U/S 54 OF CAPITAL GAIN. MY QUESTION IS AS HE HAS ALREADY ONE HOUSE. CAN HE PURCHASED ANOTHER HOUSE ONLY FOR AVAILING BENEFIT OF SEC.54?

Hello,
As per Circular No. 11/2013 dated 29/05/2013 of MCA, the ROC may obtain decleration/affidavits from subscribers/first directors at the time of incorporation of a company. So, is there any specific format of such decleration/affidavit? If so, please provide.

Thanks.

Kindly guide me with an example as to how to calculate interest free loans provided by the employer to the employee.
What should be the rate of interest charged for the same, and how is it treated in calculating the TDS of employee for the month of March'14


Thanks
Swati

Dear experts

Please let me know the Rate of interest on Excise REFUND.

there is a manufacturing company in North-east India. They are allowed 39% of Excise duty payable as refund in North - eastern states.

Please let me know - the RATE OF INTEREST in case of Excise Refund

Dear Sir,
Our Company's Director want to purchase Lux. Car from Finance by company, but it shows loss from last three years for specific resign. Now Car dealer is not allow to finance car from this firm because of loss, & if we finance it Individually will create heavy Income Tax on Director. Please provide Solution for this.

Regards
Yogesh

I got my transfer form signed on 6th feb.... so can u plz tell me the time limit for joining other office and submitting the documents???

Hello experts...
can you please suggest me that what is better option regarding purchase of one inactive company whose assets & liabilities are nil, or to close it under fast track exit scheme..

We are private company based in mumbai. we have given contract for construction of 1st floor on our gala to contractor (including material + Labour). Contractor gave us single bill for 50,00,00/- without vat & Service tax.Is tds applicable on above pmt as per Income tax? also advice the implication under VAT act(VAT TDS).

Pls reply ASAP. Thanks in advance.

Suppose A has filed a case in a court of law,what would be the position of income tax in following cases:
1.) If the compensation is received by way of verdict of the court?
2.) If the compensation is received as a part of out of court settlement?
Are there any citations substantiating the stand?
Thanks in advance.

I have given Rs. 2 crore as a loan to Mr. X.
Whithin how many period i can claim this debt before it time barred ?