a)Subsequent to Changes in the limit in the Section 40(b) via Finance Act'2024 is it mandatory to amend the Partnership Deed and insert the new clause with revised limits.?
b) Is it mandatory to quantify the remunaration payable to partners as per the deed or clause mentioning that remuneration shall be paid as per the provisions laid down under section 40(b) of the Income Tax Act'1961 will suffice.?

TDS APPLICABLE IF PLACE OF SUPPLY AND PLACE OF SUPPLIER ARE SAME( SEZ AREA) AND THE PLACE OF RECEIPIENT IS ALSO REG IN THE SAME STATE BUT IN NON SEZ AREA. RECEPIENT IMPORTS METAL SCRAP FROM SUPPLIER . IS TDS APPLICABLE OR NOT

I have a query regarding a company incorporated under the Companies Act in India. The company was supposed to conduct the AGM for FY 2024-25 on or before 30-09-2025. However due to some technical issues it was not in a position to conduct the same before the statutory deadline. Consequently the company represented to the ROC and was given extension of 3 months to conduct the AGM (i.e. on or before 31-12-2025). However till date the company has not issued any AGM notice. Meanwhile the company received a EGM requisition under Sec 100(2) with certain resolutions on 26-11-2025. At this juncture the Board of Directors of the Company are in dilemma as to whether they have to conduct two meets - one AGM on or before 31-12-2025 and another EGM on or before 10-01-2026 (statutory 45 days period) OR can club both the resolutions and conduct one meeting on or before 31-12-2025 by appending the EGM resolutions as special business in the AGM notice. Request your expert opinion and guidance on the same.

Dear Sir/Madam,

Please suggest the format for above mentioned subject certificate for the use of UNNATI which is mandatory in registration.

With Regards,
Surjit

Capital Gain When a person Receive RE from Another Holder and Then Subscribe right issue and sale these shares. Whether RE paid for acquiring Right for subscribe right share will add in cost of purchase. Example RE paid Rs. 10/- + Right Issue price paid to company Rs. 100/- so when this share sale Cost purchase of share will 110/- or Rs. 100/-

While resubmitting this form i got the message that total size of attachments should not be more than 10 mb . actually total size is less than 10 mb .then i opened the browser in incognito mode
even then this message is comming can anybody resolve this problem

Sir
The Govt company owned the factory. The factory is being used for production of cattle feed.
But instead of being engaged their own labour the Govt Company engaged an entity to run the production.The Govt Company fixed the desired quantity & supply material and the entity determined a charge for converting the materials to finished product(cattle feed).
The entity raised a bill (including GST) and Govt Company release this.
The Govt company does not bother number of labours the entity engaged to produce the cattle feed.
My query to the honourable experts are ::
Does we treat the entity as job worker?
and
Does the liability on labours(ie compliance under labour laws) engaged by the entity can by at any chance be impose on the Govt Company?
Regards
ABHIJIT

We have issued Credit Notes to the Customer for achieving the Sales Target. Is this come under the 194R provision?

We have appointed Additional Director(appointed by Board) as Regular Director in AGM.But category was wrongly selected as Independent instead of Promoter while filing DIR-12.

Please help us the procedure for how to change the category of Director from Independent to Promoter

New Labour code introduced from 21/11/2025.
Is this code applicable to who working as Accountant
As contract period.
Is this code applicable to each state in India.