I and my wife are the directors of a PVT ltd company.
I want to withdraw profits to the tune of 25 lacs each.
What is the best way to do it with minimum tax implications.

if we withdraw as bonus...it is chargeable at 33%
If we declare as dividend upto 10 lacs is exempt in individuals hands but the company will have to pay dividend tax..which is not deductible for PBT.

What is the most effective way with minimum tax implications ?

As per income tax circular 250gms of bullion cannot be seized..... does gift from parents is also included in it.

I have started my revision of ca final.
My question is that whether revision of theory subjects is to be made at beginning or at the end.because it cannot be memorized due to its volume.
what is the best strategy for revision of all 8 subjects within 3 months effectively?
Please anyone help me

wht majaor changes made in ipcc group 2 for may 17 attempt

I trade in F & O and have a turnover of Rs. 6 lakhs ( Total of all profits plus all losses ). Net loss is Rs. 2 lakhs
I fall in 10% tax bracket
What percentage of turnover is taxed.How much tax do I have to pay on the turnover of Rs. 4 lacs.
I will be thankful for a reply.Regards.

i want to know about the ipcc registration.
once we register for ipcc that registration is valid for 4 years..i.e 8 attempts.i have cleared ipcc group 1 in last year of my registration..so do i need to get registered myself again as duration of ipcc registration is going to expired.

A service provider is providing both types of service. Branded as well as non branded service.
i)Turnover of Branded Service is Rs.50 Lacs
ii)Turnover of Non-Branded Service is Rs 8 Lacs.
Now my query is...
Whether such service provider can get Exemption of Small Service Provider (Exemption of Rs.10 lacs) for non branded services provided by him
if there is any case law plz provide me
thanking you
avneesh.bibhu@gmail.com

I cleared my finals in jan 15, I had been a non-cop holder upto 2016, so what is my cpe hrs compliance for block of 2014 to 2016 and 2017 to 2019?? Kindly help me bifurcate the cpe hours structure.

Sir I had given my first ipcc (group1) attempt in November 2014 but I failed. I could not give any further exams due to some personal reasons. Now I have decided to give exams in may 2017. So Can you please tell me what changes have been made in ipcc curriculum since 2014? And do I have to give both the groups?

friends, Please guide me what I should read for may 17 indirect tax.
relevance of - vat, service tax, excise ?
When will gst come in ipcc syllabus ?
strategy for tax paper in may 17
If above three are not relevant in practical, then what point in mugging up same for may 17 attempt