land is in dispute (dealt by High
Court). But sale deeds are clearly specified in our name. Advocate
informed us the source document to recognize the asset in our books is
sale deed. Hence we can recognize the asset in our books with a notes
on accounts indicating dispute on land at High court.
My question is whether i will so that land in my books of accounts if yes what will be the treatment.

Another qouestion what will be the profit or loss if i court final decision will go in my fabour or not and say the treatment

CAN YOU TELL ME ALL ABOUT ESI, HOW IS IT BENEFICIAL TO EMPLOYERS, EMPLOYEES, WHAT IS TO BE DONE REGULARLY AFTER REGISTRATION UNDER ESI ACT?

Profit on sale of an asset, to the extent of the depreciation charged off till the date of sale is to be credited to P&L and the balance credited to Capital Reserve.


IS THIS CORRECT??? Where at all in companies Act do we find such a provision??

Kindly help me out!! and fast!!

Please let me know whether surcharge & cess would be applicable on tds w.e.f 1st oct'2009 as per budget proposal ?

ABC company is make investment RS 1000 crores in XYZ company and PQR is holding company of ABC
PQR merge it self XYZ so indirectly subsidary company get investment in subsidary company.
PLZ tel what entry required to pass in the book of ABC Ltd.

Query Regarding Form 25A : Proposal for Commission or remuneration to directors.

The public company is proposing to file Form 25A in connection with the ‘Proposal for Commission or remuneration to directors’.

As the company wishes to file Form 25A for two appointee directors :

Can we give particulars of one appointee director in the Form 25A ? and

details of second appointee director as Optional Attachment in the Form 25A ?

I noticed the following information in the ‘Instructions for filling of E-Form 25A’, which I am just reproducing (Refer Item No.8.(a)(i) to (ix)) :

Enter the details of proposed appointee (In case eForm is filed for more than one person then details of others can be provided through optional attachment)
In my case, there are two appointee directors for whom, the company is proposing to file Form 25A.

My query on the matter :

Can I provide the details of two appointee directors in one FORM 25A in the manner mentioned above ?

Looking forward to receive your early response on the matter.

Dear Experts,

A building has been constructed by borrowing loan from relative to the extent of Rs.20,00,000/-. Later on the property was mortgaged and the loan borrowed from relative was settled. Whether the interest on mortgage loan can be claimed in computation of house property income? The building cost is Rs.55,00,000/-. Building mortgage loan borrowed is Rs.20,00,000/-. Whether the interest on Rs.20,00,000/- can be claimed?

Is TDS not deducted on rent of computer on which vat is charged?
Someone argued that TDS is not deducted on rent of computers. Since in the bill vat is Charged in Place of service tax so they considered it as purchase and not deducted TDS on it.

Plz reply. If i want to incorporate a company with the name Sahyad Investec Pvt. Ltd. does i require approval/permission of RBI as it contains a word Investec.

Sir,what is the procedure for Double Taxation.Plz explain in detail.