REGARDING APPLICABILITY OF TDS PROVISIONS
IF SOMEONE HAS NOT PAID OR CREDITED RS 20000/- AT SINGLE TRANSACTION OR NOT EXCEEDED RS 50000/- LIMIT U/S 194C THOUGH HE HAS DEDUCTED TAX. WHETHER TDS PROVISION BECOMES APPLICABLE? IF HE HAS STARTED DEDUCTING TAX FROM VERY 1st MONTH i.e. FROM APRIL MONTH SO WHAT WOULD BE DUE DATE APPLICABLE FOR HIM? WHETHER DISALLOWANCE GETS ATTRACTED UNDER ANY PROVISION?
whether an CMD of Ltd Company purchase land in his name & furthur transfer the same in the name of company ,land on which sugar factory is to be set up , if yes ? plz guide me , if no why ? & remedy for the same plz....But Land acquisition is very important to the the company's point of view ,since if CMD purchases the land in the name of company , land will cost 4 times more than the it would cost , if purchased in his own name & furthur transfer to company's name ....plz suggest
Thank you
Please resolve the following case under section 274(1)(g)
Mr A is a Director in a Company A Ltd.The dividend is due for payment on 30.06.2008 for the FY 2007-2008. The conpany doesnt pay the dividend till 30.06.2009 and sect. Company A doesnt pay the dividend till 31.12.2009. Mr A continues to be the director of the company till 31.12.2009 (i.e. he resigns on 31.12.2009, when the default was continuing)and proposes to be appointed as the Director of Company B Ltd.
Will the 5 years of disqualification will be counted from 30.06.2009 or 31.12.2009.
Can a foreign entity invest in indian company through automatic route in a company which is also having some investments in partneship firm . Is this will be treated as indirect investment in partnership firm and accordingly needs approval.
Please explain me the rate of Service Tax (ST) to be charged on Works Contract (WC) and different ways of chaging provisions available for WC.(i.e.like at full rate ST with input credit or at composition rate on entire amount of services at lower rate).
I am appearing in CS Foundation in 2009 in December . I want to ask that while filling up the examination form which option should i prefer .' The old Course' or 'The New Course'.
And what is the difference between the two.
Please Help!!!!!!!!!!!!!!
Hi,
Can any one tell me whether share application money paid by a company need to be shown in investment or Advance
plz reply as soon as possible
Thank you
The company is a private limited company. 10,000 shares held by subscribers are being transferred to a Director of the company. The transfer deed is dated 17.07.2008. The transfer deed is lodged with the company within two months on 12.09.2008.
However the transfer of shares can be approved by the board only at the meeting held on 04.12.2008. (note : the board cannot have a meeting during the intervening period viz Sep 2008 to Dec 2008 due to absence of a director from India)
Will this be a violation of the provisions of the Act.
Please clarify
Muralidharan
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
REGARDING TDS PROVISIONS