what is the meaning of the term "Principal Business" of a Company under the Companies Act, 1956.

Kindly provide a reference where I can find the definition.

A company registered under service tax doing clearing & forwarding services to their principal.
The services are :
Receiving, maintaining and dispatching the stocks which are received under consignment basis, to distributors.
They are also acting as All India distributor for the same products. i.e buying the stocks from the principal on outright purchase and selling the same adding their margin. The company have engaged statewise CFAs as their sub contractors to serve them.

The Company is getting some amount of commission against their CFA & services and colleting service tax on the commission.
The Company is paying commission to their sub contractors for the Consignment sales as well as their own stocks sold.
Kindly clarify whether the company can take input of entire service tax charged by their CFAs or only the tax part on Consignment sales commission. But, the product and service involved are same and the principal also same.

What is depreciation rate on printer please answer this question

Can a person make payment of more than Rs. 20,000/- in cash for expenses made on different days with amount not exceeding Rs. 20,000/- but totalling to more than Rs. 20,000/- and the payment is made in total on a single day.

Hello Experts,

I want to know that the Income from Rental/Lease of Car (Motor Vehicle) falls under which head??

Thanx n Regards,
Sunil Kumar

Hi Experts!

Plz tell me whether a public limited company can take a SECURED or UNSECURED LOAN from an INDIVIDUAL( e.g.- Mr. X)

Plz tell me the Appropriate Section as per Companies Act

ITS URGENT.

Can LTCG from property be set off against share futures loss. What are the ways to set off LTCG from property.

Dear All Expert & Sr.

I want to know as per Union Budget(2009), we have not to be deducted surcharge on Cess on T.D.S w.e.f. 01.10.2009. We have to deducted only % of T.D.S. Is it true.

Pls. guide me.

Regards
Bishnu Deo Sharma
Jamshedpur
bishnu_jsr@rediffmail.com

Mr. Binay Mishra sir, I am waiting for your reply also.

Hi Experts!

Plz tell me whether a public limited company can take a SECURED or UNSECURED LOAN from an INDIVIDUAL( e.g.- Mr. X)

Plz tell me the Appropriate Section as per Companies Act

ITS URGENT.

im frm jabalpur madhya pradesh.is it always advisable to take go outside in big cities for articleship n take coachings along wd that.im thinking of doing articleship in MPEB is it alrite?MPEB is madhya pradesh electricity board