Sir,
Please tell me what resolutions to be passesd for appointment of Managing Director & what are the timelimits for filing Form-25c
and is it compulsory to file form
23?

Dear Experts,

Facts of the Case
NRI based in South Africa came to India in December 2011 after 18 years of Service & as per the Section 6 he is an RNOR for the PY 2012-13, he holds NRO Account in India & receives interest income for which Tax Deducted at Source at the rate of 10 % as per DTAA agreement entered between India & South Africa. The Interest income earned is Say INR 12,50,000 he has eligible investments of INR 50,000 U/s 80 C of the IT Act of 1961.

My Query
1. Since he falls in 30% Tax bracket should he file the return in India & pay the excess Tax calculated as per income Tax Act. If yes, can he claim deductions Under chapter VI A while calculating his Tax Liability.

2. If NO, Is he Eligible to declare the income as exempt & Claim the refund since he has entered into a DTAA agreement?
Kindly help me to resolve the query

Regards,
Ashwath Shetty

Dear Experts,

One company defaults the provision of Section 297 last 3 years back.
There is total 10 Director out of which 5 director whole time.
Now company go for approval of CG u/s 297 and compounding u/s 621A.
There is five associate concerns from which company are doing transaction covered u/s 297 last 3 years.
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Please reply

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Hai........
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Can any one know..please tell me..

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Thanks

What is the set format for disclosure under section 217(2A)? If any difference in format for private or public company?

Sir,
I want to know the maximum marks that can be achieved in each subject of CA FINAL...
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