Anonymous
22 January 2014 at 15:49

Section 185 of the companies act,2013

Section 185 0f the Companies Act,2013 replaces Sections 295 and 296 0f the earlier Act has been notifued.However,Section 186 of tyhe CompaniesAct,2013 which replaces Section 372A of the earlier Act is yet to be nofied.
In viewv of the above,what is the position regarding aPublic Limited Company giving a Corporate Guarantee or Security for a Bank Loan to another JV Company in which certain Directors are common and majority shareholding is of a wholly owned subsidairy of the Public Limited Company?



Anonymous

Dear Experts,

Please confirm, Whether TDS Applicable for Payment to be made to Foreign Company(UAE) towards Exhibition Participation fee.(Exhibition also to be held in UAE).

Thanks in Advance
Regards,
Babu Kannan



Anonymous
22 January 2014 at 15:41

Hra rent + hose loan interest

Sir

Whether any individual can claim hra rent deduction for first six months of the year and next six months house loan interest rebate after getting possession.



Anonymous
22 January 2014 at 15:39

Tds

Sir

I want to know the following issue.

Ex
My salary is 385000.00
Deduction : 150000.00
My auditor said the admissible deductions is restricted to Rs.100000.00. My tax amount will come for Rs (385000-220000-150000).

Kindly clarify the same.
Nagarajan S


Manik jain
22 January 2014 at 15:37

Ifrs

Please help me on the below given problem:
our company recognized a financial liability (say some shares). as per IAS 32 and IAS 39 these are initialy recognized at Fiar value (computed under IFRS 13). now the question is what will be the journal entry in next reporting date if the value of financial liability increases?


CA Aditya
22 January 2014 at 15:36

Tax return- itr 4

Dear Friends,

Please confirm on the following.

I have to file the ITR-4 for FY 11-12,FY 12-13 now. However to upload the return how do i get the user name and password.

I was trying to register at "https://incometaxindiaefiling.gov.in/" but error message popup with message PAN already registered. Plz confirm how do I get the login details to upload the return.



Regards




S RAMALINGAIAH
22 January 2014 at 15:12

Tds

whether Tds aplicable on commision paid to non resident for mobilising business outside India who has also no business establishment in India. S Ramalingaiah .


CA.Ritu Agarwal
22 January 2014 at 15:12

Capital gain and depreciation

3 Vehicle was purchased by a company on Feb 2012 for Rs. 16 lac each. i.e total 48 lakhs. Depreciation @40% as per co's act was charged by the company as the vehicle was used on hire.

Now on 30/11/2013 all the 3 vehicles were sold to a sister concern.
The WDV AS ON 1/04/2013 as per companies books WAS 27,06,438. and as per Income Tax Act it was Rs.33,30,890. Dep as per Income Tax Act 30%. The asset were sold for Rs. 28,56,000. .

what will be accounting treatment for both the companies.

will there be any capital gains.

How will the purchasing company record the assets and depreciation.


ARJUN ASHOK
22 January 2014 at 15:05

Tds

if the service amount is Rs.30,000/-, will tax is to be deducted?



Anonymous
22 January 2014 at 15:02

Tally 9

Will crack version of tally 7.2 or tally 9 work in windows 8 or higher than windows 8? plz suggest.






CCI Pro



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