A individual working in a pvt ltd company will give his personal LIC premiums vide ECS for the months of Feb'15 and Mar'15 for the F.Y. 2014-15 but his company has generated his Form- 16 in the month of January'2015 for the F.Y. 2014-15 so he cannot show the LIC premiums for the two months but he wants to show the premium amounts in his I.T. Return. So can he claim the same amounts and whether it will be granted by the deptt. Please reply.

Thanks,
Abhishek.

Sir,
I want to file Form 20B of a Private Limited Company. Recently I altered its Authorized Share Capital from 2,50,000 to 5,00,000 through Form SH-7.I also mention changes in issued ,subscribed &paid up capital as Rs.5,00,000 in this form. Currently, there are 2 directors holding 9500 and 500 shares of Rs.10 each.(ie,10000 shares @Rs.10).For filing SH-7, I made a resolution by creating additional 40000 shares @ Rs.10 each. Now, I want to know is there is any particular form for change in issued, subscribed & paid up capital in order to increase shareholding position of these two directors in their existing ratio(ie,95:5).Please reply as earlier as possible.

Sir,
Bill Issued on 5/4/2014 & Tds Deducted After A month i.e 05/05/2014, TDS has Deposited on 07/06/2014.
Is There any TDS Penalty will be Levied on Assesse??
Is it Valid to Deduct TDS After A month From Recording of Entry??

Revaluation of Fixed Assets
a) Fixed Assets debit & Capital Reserve credit.

b) Subsequent years: Depreciation debit & Capital Reserve credit to respective Fixed Asset. (AS 28).
Would there be any tax liability?

My friend was working in etv-Urdu Channel as a marketing head and bringing add for Channel. Now He left the job and want to start his add agency as a proprietor. I want to know Does he need to register with sales tax or service tax.

Point No 1: In service tax, Does he need to fill form ST-1 to register his business with Dept.

Point No 2: What documents are required to complete the registration process?

Point No 3: What are the other formalities except service tax registration are required to start his legal business ?

Is their any special rules and regulation to re-appoint a statutory auditor, and how to inform ROC.
Which form has to be filed.

Plz Explain

Thanks

Dear Friends,

I have filed form ADT 1 attached with GNL for auditor appointment for the year 2013-14. But rejected by the dept saying that new ADT 1 available should not attach ADI 1 with GNL 2. While checking new form ADT 1 appointment after 01.04.2014 only be accepted, if prior to that date, there is a indication in the form saying that use form 20 B for appointment before 01.04.2014. now form 20B available on MCA website but not able to e-file, because its is discontinued.

My question is how to intimate ROC for auditor appointment for the year 2013-14 and which form to be used?

Kindly reply

CA.Anand.G

Dear Experts

A private ltd co is incorporated on 2nd Jan 2015. So According to Cos Act 2013 my financial year will end on 31-3-2016. But According to income tax Act previous year ends on 31-3-2015.

My query is that:- If i file return of income with tax department for year ended 31-3-2015, WILL I HAVE TO FILE ANNUAL RETURN WITH ROC AND DO STATUTORY AUDIT AS PER COS ACT 2013 FOR YEAR ENDED 31-03-2015?
THANKS IN ADVANCE

Can any one tell me
what is the nature of Tds on salary ?
For Tally Accounting

Hey there. Can anyone give a proper study plan for may 15 attempt beginning from 2nd week of February.
I have taken all my coaching except auditing and I have decided to give both groups.
So. I would be thankful if someone will.....