One of director have passed some confidential information to outsiders apart from this he has taken money from company's client and deposited it into his personal bank accounts. He is also holding 33% shareholding in the company and still holding the directorship in the company. The company is running in loss. What kind of different action a company take...Kindly help urgently.

I am a C.A. Final Studen, I am interested in doing Job after completing C.A., I want to know that after becoming C.A. it is better to go in Banking sector or Industrial sector.

Tell me the best teacher for PCC Tax whether ajay jain of mk gupta or dr. girish ahuja.
Because ajay jain doesn't teach practical quistion as much mk gupta.

Hello,

I want to know whether capital gain is attracted on succession of partnership firm by a company in which such company is already a partner. Consideration is discharged by issue of shares to retiring partners. retiring partners are already shareholders in such company. Company has issued shares at price lower than interistic value of shares.

Thanks

Hello! Friends,

We've registered a company at ROC in 2005.
But, due to some reasons we didn't do any transactions in that company and doesn't file any IT/ROC/Sales Tax returns as on date.
The company was still active in ROC. And recently the auditor of the company also expired due to in-healthy.

Now, shall we go thru another auditor and file IT/ROC as on position. Request your good comments on this.

regards

G Ganesh

In case of professional, who is a visiting faculty in various institutes, whether teaching honorarium received by him will be considered for calculating limit for 44AB. The institute paying honorarium is duduction TDS as professional fees.

Hi,

I have recently applied for COP and planning to join a 15 year old existing firm as partner. I am also planning to do my own practice in my individual capacity.
In this regard, need clarificaiton w.r.to:
1.Can practice simultaneously in individual capacity when I am a pertner in another firm.
2.If yes, shall I intimate the same to instittue ? (I hold COP)
3. Is it better to practice in individual capacity or to float a proprietorship firm.
4. Please also clarify any advantages/disadvantages with the above mentioned arrangements.

Thanks in advance for the help.
V. Srinivas.

I am a senior citizen and I get a rent of Rs15000/- per month from a commercial company using my space. I would like to know about the TDS details regarding the same. Do I have to pay it and if yes then which form I need to submit…I would prefer if the detailed procedure is being communicated to me
Thank you for the same.

Hi,

I am a employee of company which gives me form 16. Also I have provided some service to private company who has issued me Form 16A and had Deducted TDS under section 203.

I came to know from some of CA club members that I need to use ITR4 for filing return.

Is it require to carry Audit for filling this return. Since this is professional under which section I need to mention the Income.

Also Will there be more tax liability in addition to TDS which was deducted.

Expecting your help for this. Thanks in Advance.