I have Started my Articleship on 15/03/2012 & From that day to till now i have taken total 7 months leave for exams. Now i want to take TRANSFER. My Principal is also ready to give me transfer.As i completed 1 year & no any another reason (condition) matched with said by ICAI On based i can take transfer. Please tell me what should i do to take transfer???

A company is having an agricultural land for the last 15 years and agricultural activities are conducted on it for last so many years. Now the company wishes to sell the land. Would there be any capital gain tax on it? The area where the land is situated has a population less than 10000 but it falls under Municipal Corporation limits. Please give valuable opinions.

sir
our company purchased a car in the month of april 2013 and financed it from a finance company. now my question is that we are liable to deduct T.D.S. or not on interest which is paying by our company.

Sir,

In our companies salary package,salary does not split as Basic+DA+HRA+other allowance. But I have pay 6000/month as rent. My employer does not consider this and he calculate tds for my gross salary.
I know HRA calculation for IT
1- 40% of salary
2-actual rent-10% salary
3-Actual HRA
But in my case what to do if there is no HRA in my salary package. Can I deduct my actual rent from my salary?

Please help me to reduce my tax burden and kindly give a detailed note about it.

Dear All,

I would like to know the procedure for a company buying back shares from a non resident shareholder.

What are the documents to be filed and to whom?

Thanks in advance.

Dear All,

I would like to know the procedure for a company buying back shares from a non resident shareholder. What are the documents to be filed and to whom?

Thanks in advance.

Dear Sirs,

A privte ltd company wants to get money from outsiders for capital expenditure to be done in its showrooms.....can the company accept this money ?

Outsider means who is neither a director nor a relative and further not a memeber of the company....

PLZ EXPLAIN THE MEANING OF THESE LINESIN CONTEXT OF INDEPENDENT DIRECTORS AS PER COMP.ACT2013

(b) (i) who is or was not a promoter of the company or its holding, subsidiary or
associate company;
(ii) who is not related to promoters or directors in the company, its holding,
subsidiary or associate company;
(c) who has or had no pecuniary relationship with the company, its holding,
subsidiary or associate company, or their promoters, or directors, during the two
immediately preceding financial years or during the current financial year;
(d) none of whose relatives has or had pecuniary relationship or transaction
with the company, its holding, subsidiary or associate company, or their promoters, or
directors, amounting to two per cent. or more of its gross turnover or total income or
fifty lakh rupees or such higher amount as may be prescribed, whichever is lower,
during the two immediately preceding financial years or during the current financial
year;
(e) who, neither himself nor any of his relatives—
(i) holds or has held the position of a key managerial personnel or is or
has been employee of the company or its holding, subsidiary or associate
company in any of the three financial years immediately preceding the financial
year in which he is proposed to be appointed;
(ii) is or has been an employee or proprietor or a partner, in any of the
three financial years immediately preceding the financial year in which he is
proposed to be appointed, of—
(A) a firm of auditors or company secretaries in practice or cost auditors
of the company or its holding, subsidiary or associate company; or
(B) any legal or a consulting firm that has or had any transaction
with the company, its holding, subsidiary or associate company amounting
to ten per cent. or more of the gross turnover of such firm;
(iii) holds together with his relatives two per cent. or more of the total
voting power of the company; or
(iv) is a Chief Executive or director, by whatever name called, of any nonprofit organisation that receives twenty-five per cent. or more of its receipts from
the company, any of its promoters, directors or its holding, subsidiary or associate
company or that holds two per cent. or more of the total voting power of the

Can anyone tell me the due date of filing of form 23ac 23aca wihh roc for financial year 2012-2013.
What are the charges(penalty) prescribed for late filing of form 23ac and 23aca.

what are the difference between objective and goal