Can the retiring Director at an AGM, propose or second an Ordinary resolution at an AGM ?
The retiring Director is eligible for re-appointment.

Dear Experts

I was preparing Directors report for submission at the AGM. We had appointed a director on 24.05.2013 as an additional director whose appointment was regularized in the AGM convened on 27.09.2013.

However, while preparing Director's Report, I wrote the name of the additonal director as part of the Board of Directors. However, my Sir told me that since he has not been regularized, we cannot state his name in the list of Board of Directors.

I feel this is not justified because though he is an additional director, he occupies all the rights of a director and is also counted for fixing maximum strength of the board as prescribed by the articles.

Can you confirm if my understanding is correct.

Regards

Dear Sir,

I am land owner of 10 acres situated in 7 k.m from Saklespur Municipality in Karnataka State. I am a regular assessee. I have filed my Income Tax return for the AY 2013-2014 (31-03-2013) admitting taxable income of rental and bank interest income being Rs.3,10,000/- and net agricultural income Rs.1,60,000/- totalling Rs.4,70,000/-. The tax computed adding agri income for rate purpose was Rs.11,330/- and it was paid after deduction of TDS.

NOW FOR THE CURRENT ASSESSMENT YEAR 2014-2015, ONE OF MY FRIENDS SAYS THE AGRI-LAND. i OWNED, FALLS WITHIN THE MUNICIPAL LIMIT AND THE AGRI INCOME OF THAT LAND SHALL BE LIABLE TO TAX AS OTHER INCOME AS PER THE NEW SECTION 2(1A)OF THE INCOME TAX ACT WILL YOU PLEASE ADVISE ME.

wHETHER MY FRIENDS WORD IS RIGHT. SHALL i HAVE TO PAY TAX EVEN FOR MY AGRI-INCOME WITHOUT AGRI RATE AS CLAIMED LAST ASSESSMENT YEAR 2013-2014

REGARDS,
N. SIDDALINGIAH,
BYAKARAVALLI VILLAGE
KARNATAKA STATE

Dear All,

I have got an opportunity to be joined as CS for one MNC (which is private Ltd company,subsidiary of foreign company), presently I have only one year experience of being CS of private limited company. But with recent amendments in company law, I am really confused whether to grab this opportunity or it will be beyond of capabilities? Senior professional please share your views?

Dear Sir,

We have a proprietorship firm. we made a chq payment to advocate. he is not raised any service bill including service tax. so in this case, we are liable for paid the service tax reverse charges.

so pls let me confirm that the reverse charges applicable only on corporate units or as well as individual and proprietorship.

Regards

Ashok
+91-9911724322

hello experts,
My name is Kailash and I am working in private firm & my age is 40 yrs & I am only B.Com I want to grow further but not able to understand how shud I proceed further which will help me in my future.for which course should I go which can help me in future looking at my age
Please suggest

hi all, plz let me know the whole procedure for creation of HUF....like what should be the first step? should it be applying for PAN and then open a bank account? also let me know if there is any deed or such document that needs to be executed for creation? thanks....

Hello Every body

A Client is a Company ABC Private Limited.
Now he wants add a business to it say a business of Chemist, he wants this business to be named as "X" which is different from its company name.
My question is whether he can do this. i.e. whether the name of the company and the name of the business can be different.
if yes than what is the procedure.
Trade Licence - whether it will be in the name of the company or in the name of the business. similarly - bank a/cs , seal etc.

Dear Sirs,

I am stuck in a question please request you to help as soon as possible

CA Firm is in Karnataka
Client Place is in Andra Pradesh

So I have given the dates as follows

Balance Sheet
Client Signing 31/08/2013
Auditor Signing 02/09/2013

Director Report and AGM Notice
04/09/2013

Audit Report
02/09/2013

Compliance Certificate 02/09/2013

Please help me this is very urgent

Dear Sir
I am filling ST-3 return for Tour Operator company which claims abatement of 75% and 60% according to service tax notification 26/2012
It means the tax rate is 3.09 and 4.95 so service tax is 3% and 4.80%.
But after e filling the return it got rejected error was that the service tax rate 3% and 4.80% is not valid for Tour Operator.

So Pls tell me how to fill the return and previously it have been accepted but for Oct12 to March-13 got rejected....