Whether AOP is liable to deduct tax at source if it provides services only to its members and does not carry out any commercial activity.

It also claims exemption from income tax on the basis of mutuality.

Dear All,
In case of Private Ltd. Company where there are only two directors, one of which dies, there has to be appointment of a new director.
Questions are:
Q.1 Who will give notice? Director himself will give notice to himself for the meeting?
Q.2 What will be quorum in such a meeting?
Q.3 How the new Director will be appointed? (as the remaining director will only be able to take decision, so it will be a single director decision, is it possible?)
Q.4 Will the Director will issue a notice on the Company for calling the Board Meeting for appointment of New Director?
Q.5 Due the lapse of quorum, will it call for calling of EGM and appointment of new Director by the Members themselves.
Q.6 W ho will give the notice of such EGM? That alive Director?
Q.7 In case of EGM how is it possible to call a EGM without a decision in Board Meeting?
Q.8 Is it possible that Members serve a notice on the Company to call a Members meeting for appointment of new director?
And then the alive Director serves notice on all members for a EGM to be called?

please advise on what is the maximum limit for share capital in PVT LTD company and what is the procedure to increase share capital. thanks sampath

We have imported some material on payment of duty. Subsequently some material found to be below standard and we returned such material by raising a purchase return invoice (for partial qty) and paid duty at the time of removal. Those goods were lying with Clearing agent for some time and now my supplier has denied to take such goods back. My Question is whether i can take the credit of duty which i paid at the time of removal ? if so on what basis or is there any other solution for this situation. Pls answer

Sir,
Our company had booked a conference hall for the purpose of a seminar. We had also arranged food for the delegates.
The owner has issued separate bills for Hall Rent and Food Service.
What is the applicability of TDS? whether TDS is deductible on Hall Rent under Section 194 C or 194 I? and what about food? whether TDS is deductible on food served.

If government employees received pension after retirement than such pension is taxable? and if it is taxable than under which head it will be mention, under the head "salary" or "other sources".

I would like to know whether i am supposed to revalidate my CA Final registration?
And if yes, whether I have to pay revalidation fee of Rs. 500?

Details for my query:
1) 11-02-2009 - Date of registration
2) 10-02-2014 - 5 years from the above date
3) 31-12-2013 - Cut off date of 5 years as per the application for revalidation

Mr. A is an air travel agent who bought a domestic air ticket of ₹10000 n sells to Mr. B for 16000. The ticket costed to Mr. A for ₹14000 incl all taxes. Mr. B who is another travel agent sells the same ticket to customer for ₹20000. Assuming they both charge service tax @ 0.6%+EC on basic fare i.e. ₹10000. What will be the service tax liabilty of both Mr. A and Mr. B?

Dealer required Excise registration under one of his tender Requirement. Dealer trade in Iron - Steel scrape and waste. He has no Godown at present. and he require Registartion and most of sale are transit sale.

Read more at: https://www.caclubindia.com/forum/dealer-registration--281267.asp#.UvsQcPmSz0c

Sir,

in my company one additional director was appointed on January 2010. At AGM he was not regularized mistakenly.

Now we want him to regularize from back date i.e. Sept. 2010. But the problem is that all old directors have resigned and from 2013 new directors have been appointed.

Now the question is that : who will file form 32 and sign resolution from back date as no present director were available at that time i.e. 2010.

suraj singh