1)Is sec 73 to 76 applicable to Private Limited Companies?
2)When a loan from related party is taken which is interest free or from to another company is it deposit ?
3)When the auditor in his CARO report gives this remark , whether we have to consider it as a qualification and give managements opinion on the same in Directors Report?
4) If interest free loan is taken whether it violation u/s 73 to 76?

Sir/Madam

I want to know how to calculate capital gain -long term/short term on sale of mutual fund
also want to know how to calculate cost of acquisition of mutual fund, if assessee was invested monthly of Rs.15000/- start 3 years back

In which section capital gain tax will show in ITR form?? form applicable??

In one ABC pvt ltd the agm was held through vc and the some of the members attended (52%) and some did not. The members who attended the agm did not approve the resolution u/s 180 and regularisation of director . If the member holding majority shares (51%) have approved the resolutions then can we pass the resolutions and consider it as passed or what is the remedy for this. Also let me know can the opposite shareholder approach NCLT in this matter.

A client sold the shares of a private limited company and earned Rs 25 lakhs as profit . These shares were purchased three years back. What is the taxation procedure on this profit? What is the rate of tax on the profit?

Can the experts give their opinion on this plea?

do i have to file both or just one?

Dear Sir,
I've a partnership firm which only deals in trading in F&O,Stocks, Mutual Fund. and say by year end I have profit in it but very less amount say 1 lac.
But my expense are also there like internet bill, travelling etc which exceeds more than 1 lac say its 1.50lac.
Can I file ITR without audit showing loss if my trading turnover is less than 5 cr?

Dear Sir/Madam,

Assessee is proprietor running the business and such business incomes are declared under 44AD and profit is showed more than deemed profit.

Also Assessee has a F&O losses during year to the Tune of Rs.130,000/-

To put it more simple;

Salary Income 23 Lacs
Business income 65 lacs (declared under 44AD) profit shown more than 8%
F&O Loss - Rs 1.30 lacs

Is Tax Audit is compulsory for this case ?

Please advice us

Thank in advance.

Hi Sir,

I recieved 76000 arrear salary in the year 2020-21 which was transferred to EPF.
My questions are as follows-
1. Should I file 10E for this?
2.If I file form 10E, how can I calculate the tax ? In the year 2019-20, my salary income was 3.29 lks after all deductions and I had paid 1200 as tax.
kindly advice

Mr. X, a salaried individual, is agree to sell his truck (heavy goods vehicle) to M/s ABC Limited for its commercial purpose for INR 11,50,000/-. Though U/S 206C(1F) Mr. X is liable to deduct TCS from the buyer (M/s ABC Ltd.) for such sale but he does not have TAN. Must he apply for TAN for such single sale?

Dear Sirs,

I am using winman software for computation of income.
One of my relative has income from usa as dividend the tax was deducted.
Now i have confused where to enter the same .
Kindly give your valuable adivise
Thanks in advance
K.B.Nagesha rao