Hello everyone…….Mr.A sold goods of Rs. 3 lakh to Mr.B on 10/04/2017……there is only single bill of Rs.3 lakh made by Mr.A….Mr.B gave cheque of Rs.1,80,000/- to Mr.A and deposited remaining amount Rs. 1,20,000/- in the account of Mr.A against above transaction…….is this violation of section 269ST?.......your replies are highly appreciated….thanks in advance….
it is mandatory to file tax audit assessees to file AIR under section 285BA of Income tax act 1961 for the A.Y2017-18 before 31-05-2017.
I have a case study for discussion. ABC company has taken premises on rent from XYZ landlord. ABC company initially was using the second floor only, the rent was Rs.14000 pm only. Now ABC company expanding its business and took the part of the third floor for Rs.7000 pm rent. Landlord requested to have lease agreement with his wife name for third floor portion.
Please help, how ABC company should proceed?
Dear sir please suggest me
the date on which director appointed be treated as attended for that meeting
what is the effective date for the purpose of counting attendance to particular director
1. For an apartment bought from a builder with payment in instalments, when does the apartment become a capital asset. I have been told it becomes one from the date of issue of the allotment letter by the builder, and the period for it to become a long term capital asset is calculated from this date.
Is this correct?
2. If so, how is the indexed cost calculated? The instalments are paid over a long period of time.
Please advise in detail
Thank you
R Chadha
i want to ask that section-139(1) says that that auditor appointment is ratify by members in gm every year but what if not ratified then he continue or not...
I am working in a manufacturing private limited co.
our company has 2 salesmen
we proved conveyance charges to salesmen to visit shops, dealer, retailers to supply our products
my question is
conveyance charges is exempted or taxable
amount of conveyance charges is 9500 to 10000 per month
kindly help me
Sir,
Can i file Income Tax return for the financial Year 2014-15 now?
Please reply fast
Dear All,
As Per Sec-186(1) Without prejudice to the provisions contained in this Act, a company shall unless otherwise prescribed, make investment through not more than two layers of investment companies. Whether it means Company can invest through only two Investment subsidiaries ?? Or it means investment in subsidiary AND Subsidiary of subsidiary ??
Regards,
Bhavya Shah
Hello Everyone.
Can a private limited company hold its first annual general beyond the 9 months from the end of the first financial year?
If yes, What are the consequences need to be fulfilled by the company.
All Subjects Combo (Regular Batch) Jan & May 26
VIOLATION OF SECTION 269ST?