Dear Sir,

We have appointed new 3 directors in the limited company and resigned all three promoter directors from the company.

Query is what is the procedure for allotment of shares to the members and what is the time limit to file the form to ROC.

Thanks

what is accural?how accrual entries are passed for salary a/c?

Respected

1. i have small Qus. while paying the service tax under revers charge in GTA do we consider the basic exception limit of Rs. 10 lakh of service provider. or we just pay service tax under revers change.

2. and if our gross receipt is less then Rs. 10 lakh even then we have to pay service tax under revers charge incase of GTA??

Dear All

We are UP Based MFG. Co.

1). we sales our goods in UP to NON registered party against sales inv. and charged full tax@14%.

2). We also sales our goods out of UP (Central) to Registered and Non Registered party at Full CST@14%.

my questioned is .

can we adjusted Tax against Sales in UP and same with central.

if yes then in online 24form Excel format where we will mentioned it

reply soon it urgent for December sales return.

Can you please te me what is the stipend paid by firms in pune

sir, I have recently started a comapny in food industry. We are two partners ans shareholders of the company in 1:1 ratio. The company has been incorporated on December 12, 2012. since we do not have started our operations, we want to conduct our 1st AGM later. when we can do the same? and also guide, whether the AGM of the company can be posted and balance sheet for the same can be made from f.y. 2013-14 onwards, since we do not want to go audit this year? (reason for not going for auditing is operations of the company has not been started in the year 2012-13 f.y.)

Husband and wife both are salaried employees.
Husband has a house and he is taking income tax benefit showing his house as self occupied.
Wife has also a house in the same city. Can she take benefit of income tax showing her house as self occupied.

It means there are two houses one in the name of husband and one in the name of wife in the same city. Although husband and wife are residing togetherly but there is only one house in his(husband) and her (wife) name in the city. Kindly clarify mainly whether both the houses will be treated AS SELF OCCUPIED OR NOT.

Thank you very much for giving a reply in adance. Thanks.

Is it possible that a HUF can show in its income tax return the Agriculture income of-

Derived from ancestral land.

Derived from farms taken on Lase( popularly known as Theeka or Batai) where the owner of land gives his land to another person for agriculture operations. In other words the person who gets such land from owner can he show such agriculture income as result of agriculture operations after deducting the amount payable to owner. And "J" form are issued in name of such person.

I HAVE FILED ONE OF MY FEMALE CLIENT'S RETURN FOR THE A.Y 12-13 ON DATED- 16/01/2013 HAVING INCOME OF RS 258260/- AND CLAIMING DEDUCTION OF RS 68550/- THE NET INCOME OF THE SAID CLIENT IS THUS RS 189710/- BUT BY MISTAKE I DESCRIBED THE WRONG RESIDENTIAL ADDRESS OF THE CLIENT. SO WHAT I SHOULD DO TO CORRECT THE ADDRESS IN RETURN. CAN IT BE REVISED OR SUGGEST ANY OTHER ALTERNATE.

THANKS

If a partnership firm is in loss, is required to file income tax return for the ay 2011-12.