1. Who are all fall under " Tax Audit "? (e.g:. Individual/HUF/ Firm)
2. If a Person falls under the preview of Tax Audit, what happens if he is not maintaining the Books of Account for the Financial year? how can it be justified?
Dear Members
Please let me know about the maximum remuneration to be paid to managing director & director
Regards
Dear Sirs,
We filed itr for fy 2014-15 and 2015-16. But due to negligence not e-verified the same.
Now can we again re-file the same or how it will be e-verified.
Rgds
FACTS:
A, B and C are shareholders of the company XYZ Private Limited. A holds 80% of shares of the company, B holds 0.3% shares of the company and C holds 0.5% shares of the company.
XYZ Private Limited holds Annual General Meeting in year 2016.
Query:
1. Can “A “ be appointed as Proxy on behalf of B and C in annual general meeting of XYZ Private Limited,
2. If yes, then Shareholding of A will also be counted for appointing proxy on behalf of A and C or only hat of B and C will be counted. (A person can act as proxy on behalf of members not holding in aggregate not more than 10% of share capital in relation to section 105 read with Management and Administration Rules 2014).
Can I regester for ca itt training if ca registration validity(years) is completed. Or should I regester for itt after the revalidation. Thank you experts.
Answer nowSir, Rental income derived from the unsold flats which were shown as stock in trade in the books of the assessee should be assessed under which head??
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Dear All, Please note i have taken a Flexi loan facility(pay only interest on used amount) on the basis of my Salary for 15% . I intend to give the amount say Rs.5.00 lac and charge 16% from her.She will be investing/trading in shares.
1. Shall i show interest income (16-15) in my returns.
2.Did she can show the interest paid to me as expense for his Share trading business.
Dear Experts,
Can company deny to accept resignation of director stating reason that director has not cleared financial liabilities with company?
when a assessee required to apply TAN Number. Is their any limit define under income tax act 1961,if yes than specified
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Capital Gain on commercial property