manoj singh
01 March 2009 at 09:22

balance sheet of Pvt. Ltd. Company

If there is mistake in the balance sheet filled with Roc of the Pvt. Ltd.whether it can be revised or not


Neeraj Paul
01 March 2009 at 00:25

hospital

is service tax applicable on hospitals? if yes or no then why ?















Hiren
28 February 2009 at 21:06

Conversion of Firm under Part IX

I am a partner in one firm ABCD Enterprise, I want to convert the same in ABCD Enterprise Pvt. Ltd under part IX, how ever the same was rejected by ROC stating that it is not available, hence my second option ABCD Structure Pvt. Ltd was approved.

Now on filing the documents ROC insists that I shall first convert my partnership firm from ABCD Enterprice to ABCD Structure than only it can be converted in to Part IX.

Ours is a govt. construction company so we have to change all our certi and registration twicely instead of one time which is very expensive and lengthy. Pls suggest is it compulsary to do change the name 2 times.


mahesh
28 February 2009 at 20:38

Study

Wil u refer me best books for PCC studies ?? I am searching very eagerly.
Plz.


pradeep

Sir,

I have an query about Pre Construction Period Intt. u/s 24 of Income Tax Act :

Case : Suppose Mr. A buy a residential plot & start construction of house by taking loan from bank. Now, after the completion of construction, he has to avail the tax benefit of pre construction period interest in 5 equal instalments. For the first year, he availed the benefit of pre construction intt. (1/5 share).

Thereafter , he sold the same property.

Now, the question is What to do with balance four instalments of pre construction period interest???

Whether he can take benefit u/s 24 as usual without having ownership of that house?

or

he should consider as the cost of that property for calculating capital gain/loss.

Kindly Advise with provisions of the Act & case laws.

Thanks & Regards,


ANURAG SARDA
28 February 2009 at 19:21

HOUSE RENT ALLOWENCE SEC. 10(13A)

MY QUERY IS THAT SEC 10(13A) IS SILENT ABOUT WHETHER DEDUCTION IS ALLOWABLE IF RENT IS PAID ON CASH BUT THERE IS NO TENANT AGREEMENT.


Vishal Chaturvedi
28 February 2009 at 19:05

conversion of stock into assets

Dear Frnds,My client had some goods in stock.while they purchased them VAT credit availed.but after some month in same year they converted them into Assets for company use.so plz do give me what entry to be passed with what amount and also treatment of VAT credit already availed.thanx in advance


Vishal Chaturvedi
28 February 2009 at 19:03

assets of director for company use

Dear Frnds,
I do like to ask that a director of a company owns a car on his personal name he uses that car for purpose of company.he like to reimburse the expences of car.what formalities he has to do with company..and also is he eligible to do so
thanx


Rajesh Narula
28 February 2009 at 18:36

Order passed u/s 144 in AIR case

The assesee is a salaried employee. Changed address due to job transfer.
Bought car under a loan scheme. AO called for info under AIR. Notice couldn't be delivered & served . AO passes order u/s 144.

What should be primr ground of Appeal? & What kind of order is expected from CIT(A) ? In case remanded to AO can he open the complete assessment proceeding or will be restriced to AIR info on basis of which order has been passed.



mahesh poddar
28 February 2009 at 18:30

CAPITAL GAINS AND DEPRECIATION

PVT LTD COMPANY SOLD DEPRECIABLE ASSET-RESIDENTIAL BUILDING

NOW PURCHASING RESIDENTIAL BUILDING WITH LAND AT COMPOSITE VALUE.

BUILDING IS GROUND FLOOR+1ST FLOOR PLUS SOME LAND APPURTENANT.

WILL FULL VALUE OF PURCHASE BE ADMISSABLE AS DEDUCTION UNDER SECTION 50 OR ITO OFFICER CAN DEMAND THAT VALUE SHOULD BE BIFURCATED BETWEEN LAND AND BUILDING.

ANY CASE LAWS ON THIS

THANKING YOU
BST REGDS
MAHESH






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