can anyone give me example (practical or illustration) of cross holding merger??? i searched in many books but i cant found??

if possible plz give solution

is car loan repayment amount (installment) deductible? if Yes, than under which Section of IT act? is insurance on this car is eligible for tax deduction?

Can a public company which is a manufacturing concern can purchase disel in petrol bunk and use it in Generator and also production purpose

Hi All,

An Indian Company is a wholly owned subsidiary of a USA Company and that USA Company is in turn a wholly owned subsidiary of a UK Company.
1. Are the Indian Company and UK Company related parties for the purpose of Companies Act and Income Tax Act?
2. Is the case different if the US company is not a wholly owned subsidiary of the UK Company?

I want to know that now is it possible to file online the return for the financial year 2009-10 , 2010-11(Ass. year 2010-11 & 2011-12). I have read in newspaper that it is possible to file online upto March, 2014. I want to know whether it is correct? Please solve my query. Because normally it is possible to file for only two latest assessment years.

Dear sír, i want tó know about how much service tax is applicable for remolding tyres.

Dear Sir,

If we purchased a capital goods i.e. a machine then we credit 50% excise duty in current year and balance in next year. If the machine after two months become demolished due to short circuit & we further sale the demolished machine as a scrap then how much duty we will debit either 50% or 100%

As per section 4A of excise act, 1944 when goods are required to declare MRP then excise duty to be calculated on MRP value But my question as per defintion of MRP it includes all taxes then how custom duty can be charged on MRP price. Pls help in this confusion

hello evryone my name is tarun kumar and i have cleraed both groups of ipcc in nov 2013 ateempt and now i have to join ca firm for articlship and m belong to small city in haryana and now am confused about articlshp that should i take from my hometown or from delhi...but i have no refrence in big firms...and i have find some small firms in delhi. so please suggest me from where should i start articlshp and m intrested in job after clearing ca thanks

I had availed LTC in Dec 2013 and was paid 10 days salary as leave encashement on a/c of LTC...kindly clarify whether 10 days salary on a/c of LTC is taxable or not....

Regards