Hello! Friends

Please give more information on the following subject

In an unlisted domestic company, shares are transfered from one director/relative to the director to another director/ relative to the director.

In this transaction, the amount was paid as cash form and transfer of shares can't be done till now, but in IT returns of individual directors, are showing Shares are transfered and money was received by the respective director. For the company, when ROC filing, requires change of shares and transfer certificates.

How they can provide for this in Form-7B?
And is it correct to apply in Form-7B or is there any other form for the same?
Where can they get Form-7B's? And for unlisted domestic company is it necessary to do all these things.

Please answer and do needful

Regards

U.T.I. GANESH

Who can claim set-off in respect of purchase of motorcar with reference to Rule 54 under MVAT ACT,2002?

SIR MY QUERY IS WHAT IS THE POSITION OF THE PERMANENT DIRECTOR OF A PRIVATE LIMITED COMPANY? WHETHER HE IS AN EMPLOYEE OR EMPLOYER.

WHETHER SUCH DIRECTOR ARE ELIGIBLE FOR THE PAYMENT OF GRATUITY UNDER THE GRATUITY ACT 1972 OR NOT

Respected Sirs,

Pls solved the below stated question.

Mention any four items which are not suitable for Test Check.?

Thanx
Regards
Ghanshyam

Dear Sir,

I am new to SAP.. and please let me know what will be the impact in financials, if i post the entry after 10 or more days.

Example:
Document date: 01-12-2007
Posing date: 01-12-2007
Entry date: 25:12:2007

Please kindly give me the list of impacts..

Thank you.

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