Bhargav
22 December 2008 at 17:52

Cancellation of TAN

Hello,

We are a proprietory concern now
turned into partnership firm.

we have a TAN for propriotory firm.
Do we need to cancel the old TAN??

I think, we need to cancel, so what
is the procedure to cancel the same.

Plz let us know..

Thanxs
Bhargav


Shahid
22 December 2008 at 17:52

Non Filing of Return

Sir,
Please reply on this case:
"One company registered in 30-03-1998 for general trading, hire and purchase purpose. It has no activity till date (say 2008). Till date it has not filing even single return. Till Date Company status is “Active”. Now directors want to start activity with this company with changing the memorandum and article of association(For Medicine Manufacturing). What will be it penalty for non filing of Income tax return, ROC return?”

Thanks


Prasanna Ashokrao Shelhalkar

Is the new 704 form applicable for f.y.2007-08.


CA Vijay V Kodmur
22 December 2008 at 16:43

Interest on House property

A Jointly owned Property(Flat Self Occupied)by Husband & Wife both having salary Income, on that flat Interest has been paid to bank Rs.450000/-.

Wheather both can Claim Interest deduction U/s 24 Loss from House property Rs.150000/- Individually in their Respective Return or deduction is restricted to Rs 150000 Individually Claiming Rs.75000 each.
Housing Loan is in the name of both husband & wife


CA Vijay V Kodmur
22 December 2008 at 16:42

Interest on House property

A Jointly owned Property(Flat Self Occupied)by Husband & Wife both having salary Income, on that flat Interest has been paid to bank Rs.450000/-.

Wheather both can Claim Interest deduction U/s 24 Loss from House property Rs.150000/- Individually in their Respective Return.Housing Loan is in the name of both husband & wife


mint
22 December 2008 at 16:39

rebate on repayment of Education Loan

Hi

is repayment of any education loan under the relexation of Income tax under sec 80C


lalit kumar sharma
22 December 2008 at 16:07

Form 23AC & Form 20B

Dear sir,

My company is a pvt. ltd. company its AGM held on 29.09.2008. But we have not submitted form 23AC & Form 20B in ROC till date for the f.y. 2007-08. Our authorised share capital Rs. 25 Lacs. What would be the penalty for late e-filling in ROC.

Regards,
Lalit


S. K. Jangra Advocate

Hello

Can anybody tell me about service tax & Labour cess on eductional trust have been exempted or not exempted. We have 11th schools running at this time. We have alloted tender for Constuction of secondary block approx contract value is 5 core. Then contractor charged from us service tax on their bills. Please solve my quarry and sand me on my email sunil_jangra2005@rediffmail.com

Sunil Kr. Jangra
9311007044


Jayesh Jagetiya
22 December 2008 at 15:41

44AB for properietor ship

1. An individual have 2 properietorship concenrs A & B. Turnover of A is Rs. 45 Lacs & B is Rs. 50 Lacs.
He have to take 2 Tax audit report?

2. A CA can sign 45 Tax Audits, if he sings the above 2 audits, how much remaining he can sign - 44 or 43?


Pratibha
22 December 2008 at 15:20

controlling interest

Pls solve my query urgently.............
when a company called to have acquired the controlling interest in another co.,
I've seen Section 4 of the companies act, 1956 but still have a doubt, with regards to 51%, of what? that whether it is just 51% of paid up share capital or authorised share or subscribed share capital?
Or whether it is 51% of equity share capital
Or 51% sum of paid equity + Prefe. share capital
Or 51% of paid equity +pref.share capital+debentures?
pls reply as per the prov. of the act.





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