Anonymous

Hi

I am one of the co-founder director of a Pvt. Ltd. Company based out of Bangalore. the organization is run by 2 of the director & co-founder as management body.

I want to transfer my share and authority to another director permanently and come out of management body.

Please suggest the procedure

Thanks!



Anonymous
23 February 2013 at 13:39

Agricultural income

Hello Sir,

I am looking forward to ploat a Pvt. Ltd company in Uttaranchal. Our main bussiness will be to buy agricultural land and sale them ib small sizes for residential purpose by changing the character of land from Agriculture to Residential.
I have few queries
1) Do I need to mention in MOA/AOA that comapnies objective is to carry out agricultural activities for purchasing agricultural Land.

2) How much land can a company purchase.



Anonymous

plz provide me link to download practice manual of direct tax laws of CA FINAL MAY 2013...:-)


CA Khilesh
23 February 2013 at 13:30

Deduction u/s 80c

can a trust, incorporated for benefit of minor child, claim deduction u/s 80C for the payment made by the trust towards life of the minor.

In my case trust has made payment to Birla Sun life insurance of Rs. 100000.00 for life insurance of minor for whose benefit trust has been incorporated.



Anonymous
23 February 2013 at 13:26

Cs articles

hi ,
is there any compulsion to do cs-articles before cs-final.If no can i get qualification certificate before doing cs - articles .



Anonymous

The assessee company not maintaining log book for use of car the A.O. wants to make an addition in the absence of log book the perquisites of cars is added in the income of directors and some of the employee.cars are used exclusive for business of the assessee but the A.O. is still instance to disallowed.please send the site allowed car expenses


CA GAUTAM JAIN
23 February 2013 at 13:17

Section 2(22)(e) deemed dividend.

A company has a given a loan of rs 1,00,000 to a shareholder and his share of interest in company giving loan is 30%. The accumulated profits of the company amounted to Rs 60000.
What will be the taxable amount under section 2 (22)(e), Whole of rs 60,000 or 30% of Rs 60,000?


Vardan Singh
23 February 2013 at 13:14

Payment made in cash for old truck

Dear sir,

We are a LTD Co. and purchased an old truck by rs. 1150000/- and issued a cheque Of Rs. 500000/- and balance payment made by us Rs. 150000/- in cash and remaining th. cheque. My question is Rs. 150000 is allowable or not ?


Priyanka Dhiman
23 February 2013 at 13:11

Section 26

Sir,
Please explain me computation under section 26 & 24(B) of Income Tax.



Anonymous
23 February 2013 at 13:08

Address for submission of exam form

hello sir,


i am gorasiya rahul ca ipcc student.
sir i have already passed my ipcc first group exam and i have already submit online form of my ipcc group two exam.
but i have no proper address for posting of physical copy.
so, plz. send me proper address for posting of my examination form.

and also inform me i.e. Delhi or mumbai.




thanckyou


rahul patel







CCI Pro



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