according to section 234A interest on late return filing is 1% p.m. on tax but according to sec 139(8) it is 15% p.a .. i m very confused ..regarding interest on late return filing and also in time limit for the same... please help

In a private limited company,for resolution to take place in board meeting to director Qurum is required but if there are only two directors and one is interested than how the resolution will come into effect.the company don't want to increased the number of director .

An existing ipcc student who has completed b.com,itt and orientation has converted in to direct entry scheme and he got converted under direct entry route on 5/8/2013 and registered as article student on 25/7/2013.my query is whether he can write may 2014 ipcc examination

Is TDS applicable of 1% or 2% on Pvt. Ltd. concern in 2012-2013?


With Regards
Parvinder Singh

What is purchasing power parity..!!?

What is the exact or expected date of result declaration of CA Final Nov-13 result.??

If some expenditure incurred in April,2012 is disallowed due to non deduction of tax in F.Y. 12-13, and tds is deducted & deposited in F.Y. 2013-14 and claimed expenditure in F.Y. 2013-14, what should be the period for which interest on late deposit of TDS to be deposited.

Hi, I am preparing for the may 14 exam 2nd group.
I have not enrolled for any classes due to time constraints.
I am confused between Bangur and snow white publication. Have not started with IDT.
Which would be a good book to study from and understand and complete in time?
Have heard Bangur has some mistakes in it..but many students use it.
Thanks in advance.

i want to take transfer from my current firm . i want to know the name of some good firms where i can take transfer to.

As per Section 176 (1)(c )of the Companies Act, 1956 a proxy is not entitled to vote except on poll unless the articles otherwise provide. So if articles provides so a proxy can vote otherwise also than on poll.
But now as per Section 105 ( Provison 2 of subsection 1 of Section 105 ) of Companies Act, 2013 a proxy shall not be entitled to vote except on poll . Nothing has been specified unless as per articles provide . So does it mean that proxy is not entitled to vote otherwise also than on poll even if articles so provide for the same .
Please reply. Thanks