Dear Sir,

One client (proprietorship concern) wants to issue Form 16 to its employees who wish to file their I-T Returns. However, the salary income of those employees are below the taxable limit & hence no TDS was effected during the P-Y 08-09.

Can the employer issue Form 16 if he DOESNOT possess TAN ?

Note: No TDS Liability under any other section also.

Kindly reply asap.

Regards
G. Sharma

what accounting entry pass in books of main company & division if transfer fixed assets to its new division and currently assets held in main company wip

COMPANY DIVISION DISCLOSED SAPERATLY OR INCLUED ANY HEAD OF ACCOUNTS

please explain me this provision under section 24(b) interest on borrowed capital
Interest is deductable even if capital is borrowed to purchase a plot but not for the purpose of construction of building on it.
please reply soon

Sir/Mam

A company has Equity share capital of Rs. 50 lacs and preference share capital of Rs. 50 lacs now, it wants to convert its Cumulative preference share capital of Rs. 50 lacs into Equity Share Capital. I would like to know that when we file Form 5 and form 2 in this case, then do we have to pay stamp duty on it as it has already paid at the time of issue.

the assesee registered with 100% EOU unit at month of september then how the treatemt income tax and company law .Please send me answer .
1) can i pay the tax till the september
or
2) the income arrived from export of software is fully exmpt and form no 56G attach with return

waiting for replay

Hi,

It is come to our Notice that there is an error in the Master Data of the Company in MCA site. We send a Master Data correction request to the concerned RoC. However, our request is not entertained by them saying that the company is formed in 2006 and the facility is not available for companies formed after computarisation of ROC affairs.

On our perusal, we have realised that the paid-up capital is shown more than what is actual.
The error is copied from the error on Form No. 20B filed.

We would like to get this error corrected

Kindly advice us the course of action to be done.

best regards,

Rajesh Pillai

Are the unregistered agreements on stamppaper valid as per law.

DOES THE NEW RULE FOR EXEMPTION IN PAPERS ALSO APPLY TO STUDENTS APPEARING FOR THE FINAL EXAMINATION UNDER THE OLD SYLLABUS ?

What is T.D.S. UNIQUE TRANASACTION NUMBER (UTN)

What will be treatment of golden bat recd by schain tendulkar as per income tax from the view point of company and receiving person?

Please mail the answer on manish.mehta@ambujacement.com