A director of a private ltd company purchased a car in his own name by using the cash of the company.can the asset be shown under fixed asset in the books of company and depreciation be claimed thereon?if yes,Is there any legal formality to be observed to give effect to the same?

dear sir i have one doubt about the e filing return of tax audit by a firm
the query is If tax audit returns filed by the firm then how many members digital signature is required for the filing and also how many tax audits can take by the firm

Whether Section 269SS&T covers loan from NBFC?

Will you tell me that Under SIP Investment is exempt or not.

Dear Sir :

We exporting fabric materials to france and their agent is NRI and he is getting a certain % of commission for the services rendered by him.

While our buyer sending the payment to us, he deduct his commission and send the rest.

Pl.advice whether TDS is applicable for his services.

HELLO FRIENDS....

MY QUERY IS

WHETHER CHAPTER XVII-C IS APPLICABLE ON SEC 44AD ASSESSEE.

WE RECEIVED A RECTIFICATION ORDER U/S 154 OF INCOME TAX ACT 1961, WITH RESPECT CPC ORDER.

IN WHICH ASSESSEE DECLARED HIS INCOME U/S 44AD OF INCOME TAX ACT 1961, AND RECTIFICATION ORDER IMPOSE INTEREST U/S 234B AND 234C.

PLEASE GUIDE ME IN RESPECT OF THIS QUERY

i get rs.25000 as my salary in which rs. 7000 is hra, rs. 1000 is cony. allowance & rs. 17000 is basic so my gross salary will be

Rs. 300000
less 84000 of hra
less 12000 of cony.
--------
Rs. 204000
so in itr 1 col. income from salary i have to fill which amt. & under which section of 80 C to 80 U i will get the benefit of hra n cony. allowamce.

Dear Member,

Under EPCG license we will be able to save the basic custom duty or Basic custom duty+CVD+additional duty.

please clarify.

regards,
Prasanta.

We have a company where we want to appoint new directors for the company as the existing directors are non-co-operating. Also the said existing directors are directors in some other companies which are in the defauting list on MCA. So to appoint new directors for the co.we are not able to use the Digital Signature of the existing Directors.
The companies( defaulting companies ) in which they are directors are not ready to upload their returns and are not co-operating with our company.
Sir, we need to immediately change the management of the company as it is not managed properly by the existing management.
Kindly guide as to how can we appoint new directors when the digital signatures of the existing directors cannot be used to upload Form 32 for appointment of new directors.

What is the process to update PAN on ROC while updating DSC on site.
Please Reply soon...