Company has been converted from Private limited company to public limited company.

We have certain unsecured loans in private limited company from third parties (parties not related to director or shareholders).

Now what are the implication under section 58 A of companies Act.

Whether any sort of advertisement required or we have to pay back these loana

I want to know the various rules regarding taxability of gifts...
in case of kind and non kind gifts
in case of relative and non relative
alongwith sections for reference and any imp case laws and tips for tax planning

Dear Sir,
My book closing is on 31st march but i hav prepare accounts for the december quarter. Their is an asset purchased in the quarter qualifying for 100% Depreciation so depreciation that would be charged 2 P&L would be proportionate for the December and March Quarter or I hav 2 charge 100% for December Quarter.

In case of a private limited company, the directors are foreigners. Their visa has not been converted into employment visa yet. How can they be paid salary?

can a fixed monthly mobile allowance can be given to employees...

The mobile is used for the official purpose

then wat is the taxability

Hello friends, i need certain clarification regarding whether an employee who has availed a Home Loan can take the Benefit of both HRA and deduction u/s 80C and also interest as he is employed at a place other than the place of his house. and will it be treated as self occupied for House property income.

Hi, i want know that whether any expenses on which TDS paid from own pocket on payment to to a non resident is allowable as deduction or not.is there any case law if expenses will disallowed.

My father holds a independent House in Karaikudi (Tamil Nadu).He wants to sell it and with some additional amount [which I am arranging through a home loan] wants to purchase a flat in Chennai.I want to register the flat jointly in the name of myself and my father.
Can he avoid Wealth tax and I get Tax benefit together for the same? What are the total tax implications for the above transactions?

Dear Sir,
My company is receiving services from the individual transporters who is not registered with any department and not issue any consignment note for the services rendered to us. In that case we have not depsoit any service tax on that transportation and not filled service tax return from the sate of registration year 2004-05.

Now the department issue a notice to us that you are registered with the department and not filled any return hence please provide the information from the 2004-05 to 2008-09 in given format:
S. NO. Month/year Amount Paid Tds deducted Remarks

Now i want a opinion of experts that what I will do for save any penalty?

Is i am liable to pay the service tax on such individual transporter they are running there vehicle only for their livelihoof? and file the returns or file the Nil returns ?
how to I save from the penalty?
Pls guide me properly so I can do better?

We are the registered manfacturing company?

An Assessee has sold residential house.Due to his severe illness, he purchased a new residential house in the name of his wife.My question is that whether he can claim deduction U/s 54.Whether there is any High Court/ Supreme Court decision on this situation. Please quote the relevant one.