one of my client got notice u/s 148. she is house wife and till now she has not filed any ROI of any A.Y.
-Notice is saying u have made credit card purchases around 3 lac.

-All credit card payment gone through her husband bank account..on that basis ITO refuses to believe same and saying if Expenses by credit card for her then why her husband paid credit card bills...?

-and he also told that her husband also claimed as exp. of all this payments...what should i do?...if any case law tell me...

Dear All,

I have query related to Directors Report as follows:
1. As per Section 217 of the Companies Act, 1956 Directors Report
• should be taken in Board Meeting
• should include all the relative information till the date of the respective Board Meeting
• should be signed on that date
2. Kindly advise about below hypothetical case
• 1 sept :- accounts adopted in BM and directors report signed. No mention of Addl Director & WTD to be appointed on 2nd Sept.
• 2nd Sept:- another board meeting - Additional director, WTD appointed.
• 3rd Sept:- AGM notice issued mentioning about addl director and WTD .
Conclusion : 1) Is the above case valid, as Directors Report & Notice will not match on point of directors matter


Thanks & Regards,
Aparna Uparkar

My question is If I give a contract to a labour for furniture its including labour and material. Does this come under reverse mechanisam ? If so then how will I claim the credit of Service Tax paid by me as I do not undertake any business to take setoff.
Also, Is there any threshold limit upto which I do not have to pay Service Tax in this case ,as in the case of Registration it is 9lakhs(till 9 Lakhs there is no need to take Service Tax number)

if a kalyana mandap collects electricity charges from its customers and pays the same to the Electricity board, liable to include the same in its gross receipts and pay Service tax on it. please suggest answers with latest circulars/notification.

thank you

My self Rakesh Patekar i will be appearing for IPCC May 2014 attempt i want to know whether new companies Act 2013 is applicable for May 2014 attempt?

Regards,
Rakesh

Dear Team,

Hope i can get Goods Receipt Note and Purchase requisition format.

Immediate response will be highly appreciated.

Regards
Vithal

which study material do we have to refer for ca final may2014 attempt as there is no specific study material for it the new study material is relevant for nov 2014 do we hav to refer relevant for nov 2013

Whether TDS is deductible on freight charges (air or sea) on goods imported(including do charges and other handling and documentation charges)IF 1.Paid to Indian agent of a foreign Shipping line/Air line. 2.Paid to Indian Air line/shipping line......

Can A Pvt. ltd. company take a goodwill loan from friends, Relatives & other company directors on behalf of this company directors are also in other group company directors

is TIN no remains same if one company merge with other company?