Sir,
There are two trusts who are having the same objects. but one is financially well and sound and another is weak in both. so first trust wants to transfer the fund or money to second trust to meet out the difficulty. is it permissible in indian trusts act and income act? which section of the Trust act deals with it?

Can a private limited company take an interest free loan from the Director as per the Companies Act, 2013???

Please clarify.

Sir
we are registered tax payer in madhya pradesh & supply the material all over india as well as provide the services in every state, my question is :
1.Service Registration is cumpulsory for every state.
2.if we done our services through contractor each & every state & and direct bill to outside party charging through IGST

Dear All,

Could you please confirm GST Rate on Job Works. Has there any notification been released in respect to GST would be 5% on all kinds of Job Works after GST Council 25th Meeting.

Regards

Shoeb

the Sub-contractor is a registered dealer in that particular State where he is going to render his Services , it is compulsory to take registration each & every state , where he is providing services.

WAS ROOM SERVICES PROVIDED BY HOSPITAL ATTRACTED SERVICE TAX

We are Private Limited Company & We have deducted tds from salary of one of our employees. What code 020 (Company Deductees) or 021 (Non company Deductee) will b selected at the time of depositing it to the bank.

Read more at: https://www.caclubindia.com/experts/tds-of-company-or-noncompany-deductees-403700.asp

I had file application for incorporation of section 8 company name as ROYAL COIN MICRO FINANCE..my company is Engaged in microfinance activities,providing credit not exceeding rs.50000 for a business enterprise and rs.125000 for meeting the cost of a dwelling unit to any poor person for enabling him to raise his level of income and standard of living.so thats why section 45-IA,45-IB, 45IC of RBI ACT 1934 not applicable to micro finance & section 8 compnies.and there is no reuirement of RBI approval is required in above business activities.

ROC has reject such name by stating reason that "With reference to MCA, FAQ 10, Finance activity is under regulatory control of RBI but para 14a is not selected as Yes and decleration about approval of regulator is not filled up. Accordingly the form is not proper As per rule 8(2)(b)(XIII) read with rule 8(2)(b)(III) of Companies Incorporation rules 2014 .Proposed names and object includes finance activity and these type of names are considerable on declaration according to rule 8(2)(b)xii read with rule 8(2)(b) iii of compnies incorporation rules 2014..accordingly please resubmit.

please suggest me path for dealing with this matter

Dear Sir ,
I am a LIC agent . I want to file ITR , I know the the tax deducted amount but I don't know the gross turnover or gross receipts .
I want to know the gross turnover or gross receipts ?
Please advice me !
Thanks and Regards !

Sir, I own a flat jointly with my brother. My brother owns half share in the flat. His share value is Rs. 6.50 lakh. After a family settlement he now wants to relinquish his share in the flat without taking any consideration. I have heard that in case of relinquishment without consideration the stamp duty for the relinquishment deed is taken as the sales price. The stamp duty will be 7% of 6.50 lakh that is 45,500. So, my brother will have to pay tax on this amount. Is this true? If this is not true please advice who will have to pay tax and how much tax will be paid