Dear Experts!

Please let me know what are the Proof of Documents required to be procured from Doctor for availing the deduction of Preventive Health Check-up u/s 80D.
Is there any particular format in this regard.

Thanks in advance.

A Hong Kong based Company "X" is having 100% subsidiary Company "Y" in India.
The Company "X" is entering into business arrandement with Co. "A" in India.
There are no transactions except equity share purchase between Co. "X" and "Y".

Question

Does Co. "Y" becomes Permanent Establishment of Company "X", merely because
Co. "X" (Honkong) is holding 100% shares in Indian - Co. "Y"?

What if there are business transactions between Co"X" and Co."Y"?

i have entered IPCC-Group 2 instead of IPCC-group 1 and 2 in the online form and submitted it.
How can I add a group and rectify?
PLease advice

Hi,

Someone may please reply to the following :

ABC Private Limited has Authorised Capital of Rs.5 Lacs and Paid up Capital of Rs.1 Lac as on 31.03.12.


Query 1

Company has Share application money pending allotment of Rs.2.75 Crores as on 31.03.12.
(FDI) Amounts received from Foreign Company.

Is there any violation or non compliance in respect of Companies Act, as the amounts received are in excess of AC ?


Ans : .............................


Query 2

Company has taken unsecured loans from two Directors of Rs.9 Lacs and Rs.11 Lacs.

Whether this transaction is to be treated as a Related Party Transaction and any disclosure is mandatory.


Ans : .............................


Query 3

Company has Reserves and Surplus (i.e. accumulated losses) of negative balance Rs.2 Crores.

Why CARO does not apply to this private company?


Ans : .............................

Note : 1. Company has not availed any loans from bank or financial institution.
2. Turnover is less than Rs.2 Crores.

Thanks.

I will wait for your replies.

SIR,

IF ONE TEACHER IS SALARIED AND HE HAS ALSO INCOME FROM HIS OWN TUTION CLASSES. WHICH TYPE OF ITR SHOULD BE FILED WITH HIM ? MOREOVER, SHOULD HIS EMPLOYER MAKE T.D.S ON SUCH TUTION INCOME IF HIS SALARY PAID BY THE EMPLOYER IS LESS THAN 2 LACS BUT TOTAL INCOME IS MORE THAN 2 LACS. PLEASEGUIDE.

THANKS
REGARDS

THANKS FOR GIVING REPLY(Mr.BAFNA and MR.NIKHIL). But if other income is given from his profession. Should he be allowed to deduct expenses incurred for his business and then net income be given as " other income " to the present employer for making tds from salary. And which ITR 4s ?

Hi,

Someone may please reply :

ABC Private Limited became a Subsidiary of Foreign Company.

Subsidiary company is just holding 1% and remaining by Foreign Company.

Query 1

Whether the Subsidiary company shall remain as a Private Limited or change to Public Limited.

Ans : ....................


Query 2

If the Subsidiary company status shall change as Public Limited, then please let me know the
procedure or RoC compliances to be initiated and forms to be filed with RoC, if any.

Ans : ....................

I shall wait for the replies.

Thanks.

Dear Experts,
I am a trader registered with Excise Dept, Sales Tax Dept and all other govt. depts.
I want to sale goods to a exporter who will be exporting the goods to different country. The exporter is ready to give CT-1 form for Excise Exemption and H Form for Vat/cst exemption.
My query is how can I pass on the benefit of excise paid on the goods.
I dont have the goods in stock, I will be procuring it from a manufacturer. Can I also issue CT-1/H Form to the manufacturer in this transaction. Or Please guide me the procedure of taking the benefit of excise & vat exemption.

WHAT ARE THE REQUIREMENTS FOR CHANGE THE NAME OF PVT COMPANY IN COMPANY ACT 1956

ALSO A QUERY : A NAME OF COMPANY SHOWN COMPULSORY OBJECT CLAUSE



PLZ REPLY URGENT

Sir,
in case of Finished goods rejected by the buyers, under which documents buyer can send back rejected qty

one of our well wisher guided that it must be removed by buyers either-Excise Invoice-Removed as such or Challan (wherein reference of Supplier's invoice to be shown in Challan) than only after intimation to Central excise & verification by Excise, Proportionate credit may be taken under the provision of Cenvat Credit Rules, 2004 read with rule 16 of the Central Excise Rules, 2002.

can we avail customer return goods credit on the basis of buyers delivery challan with our invoice reference /date/qty though we do not receive any duty paying document.

request you to pl.inform us exact required documents list and condition to avail credit

regds.
Vinay Karnik

i had purchased goods on 31.03.2012 but the same were received on 08.04.2012 and i had booked my purchases on 31.03.2012 because purchase bill shows the same date i.e. 31.03.2012 my query is can i avail CENVAT Credit of the amount shown on the bill which is dated 31.03.2012 but the same received on 08.04.2012. and for 31.03.2012 we have to clear the excise duty account on 31.03.2012 itself? sugesst what should be the treatment?