Whether in inter family transactions (Including loan to and from HUF)interest is required to be paid compulsarily at market rate or we can claim less or no interest?
Please reply asap

How many articles can a CA keep during the 1st 3 years of Practice...

I have recently heard that you cannot keep any article in the initial period of 3 years.

Is it true?
Has there been any such amendment?

If no, then tell me the limit.

Regards

WHETHER HUF CAN GIFT TO ITS MEMBERS, OR IT IS INCLUDED IN 50,000 RS. FROM ANYONE?

As per Budget 2012,


New section 56(2) has been inserted in case of a company not being a company in which public are substantially interested wherein the Share premium received by the company on issue of shares in excess of the Fair Market Value to be treated as income under the head ‘Income From Other Sources’
(w.e.f 1/04/2013).


Please guide me how to calculate the FMV of the shares? ?

I have a transport and also a truck which is going for carting to anther state with
loading some goods to one industry to another industry.
i want to know about my two profession
1. my own transport (commission income)
2. truck carting income (which includes expenses) when we less from carting we
received net profit
so i want to know which profession i can use for sec. 44AD for less tax and guide me
about second profession how do i include it in trading a/c ?
thanks..

Could somebody suggest the ways by which a company can build its capital with least tax after the amendments of Union Budget 2012-13.

is a cs with no maths in graduation and 10+2 eligible for actuary course????

No TDS on purchase / sale of goods..

Dear seniors and friends,

if we maintain group company in tally shall we take reports at group company level, I working in a manufacturing organisation, we are maintaining accounts separately for each three factory as a separate company in tally. but for managerial purpose and other statutory purpose we want to consolidate the accounts statements in MS Office-Excel. is there any option for consolidate the three company reports by group company level in tally. is there any option in tally for this solution. please help me

how to enter sales in annexure J1 supplement where no Tin No. is available.
For example if cash sales are made to individuals who dont have tin no.
thanks in advance.