Whether TDS is applicable in case of making payment to the government company/agency recognised by the govt./or laboratory recognised by ministry of comm. govt.of india, Please explain with section of Income Tax with relevant notification and circular

My client has taken on lease a agricultural land from a land owner. my client is now into agricultural activities in that leased land.will he be exempted from the income on the agricultural activites..

What is the status of income receoved by the actal owner of the land.Will it be exempt?

I have drafted new object clause for our listed company to make it holding company with main business of an investment company.

"To carry on the business of an investment company and to invest in, and acquire and hold, sell, but or otherwise deal in shares, debentures, debenture-stocks, bonds, units, obligations, mortgages, and securities issued for guarantee by any company, corporation, firm or person whether incorporated or established in India or elsewhere or Indian or Foreign Government, States, Dominions Sovereigns, Municipalities or Public Authorities or bodies provided that the Company shall not carry on the business of banking as defined in the Banking Regulation Act, 1949 or of Insurance as defined in the Insurance Act, 1938, or any statutory modification thereof."

My quiry is that, whether it is possible to do our new business as investment business, without geting registration as NBFC under RBI guidelines?

I am requesting all, if you have any such kind of Main Object clause draft for the same, which can allow our company to do investment business without complaying NBFC norms, please provide me the same accordingly.

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.