Rajeev Kumar
12 June 2014 at 19:06

Interest free loans

Dear Sir,

Whether a holding company(Public company) can give interest free loans to its Subsidiaries / Wholly owned subsidiaries under Companies act 1956.

Thanks in advance
CA Rajeev Kumar



Anonymous

Hi,how can i manage huge quantity of movie production house cash vouchers in a simplest and understanding way?



Anonymous
12 June 2014 at 18:58

Cpa

I am a Commerce Graduate and willing to register for CPA (US) I have checked almost all articles/info related to CPA registration. But still don't have a clear idea about eligibility criteria. Can anybody help me with this?


Yogesh Sharma

Renting of Marriage Palace belongs to which service ?



Anonymous
12 June 2014 at 18:20

Taxable turnover

Hi,

I have filled my last year return with Tax Audit AY 2013-14 but for this year my turnover is only 45 lacs appox now my Q is for this year I need to do tax audit or I can filled my return without submission of audit report.


CA Vandana Rathi
12 June 2014 at 18:18

Time barred income tax return.

The assessee got the notice from compliance management cell, New Delhi enquiring about filing of return for A.Y 11-12 based on information about sale of immovable property. Again letter for the said purpose received from assessing officer having jurisdiction. The assessee paid lumpsum tax on 28.03.2014. Then he submitted return on 11.06.2014 wirh covering letter as return was time barred and paid full tax and interest. Whether same can be treated as disclosure by assessee and whether penalty can be levied u/s 271(1)(c) by making assessment, issuing notice u/s 148. Any court decision?


deepa gidwani
12 June 2014 at 18:17

Articleship

can we file revised form 108 for completion of articleship if there is mistake in leave calculation...... if yes dn wt is the procedure for same..... plz let mw knw asap



Anonymous
12 June 2014 at 18:11

Capital gain or interest

In case of NCD purchased from secondary market,the gain arising on redemption,will it be taxed under interest or as capital gain



Anonymous
12 June 2014 at 17:50

Turnover defination

one of the my client had Gross t/o of Rs 62 lacs & net t/o was Rs 58 lacs in 2010-11.I didnt do vat audit as his net t/o is below 60lacs.Now sto has issued notice for non filing 704.Now sto says that turnover means gross t/.is it correct ?.If not then in which section/notification turnover is defined


vishal singla
12 June 2014 at 17:49

Clubbing

interest income earned by miner upto 15.12.2012 and from 16.12.2012 when ha became major whether entire income is assessed in the hands of major or income upto 15.12.2012 is assessed in the hand of father or full year income is assessed in the hand of father.






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