If a residential house is VACANT for whole P.Y. Is it a residential house for the purpose of claiming exemption U/S 54? Whether it is must either to self-occupied or to let out such property.

A private ltd company in Bangalore has not filed service tax since 2006 though covered under service tax and re-invested all amount in business. However, they suffered losses and are not in a position to pay service tax now which has so far accumulated to the tune of 30-35 lakhs without interest & penalty .They cannot opt for VCES due to lack of funds, have not received any notice so far. What are the consequences in order, that is, lets say if they receive a notice from service tax deptt., will they be right away arrested or be given a time period (if yes, how much and in how many installments) to pay back the tax dues. Will it be the same if they decide to wind up the company or is there any exemption for companies declaring themselves as Insolvent? What can be the best resort for them?

Hi All, Tax has to be calculated on net income after chapter VIA deductions. What is the amount of provision for tax has to be made when interest applicable for non filing of incometax returns and delay in payments of advance tax?

Sir, A person is going to be appointed as a director in two companies which are in the process of incorporation here I am not able to provide information in Form-1 which requires me to provide the CIN no of the company in which such person is a director because since neither company is incorporated. How to deal with such a situation?

is tax audit report upload after due date what is the penalty and other matters take in to account.

Hi,

If a person hold two DIN & also appointed as director on both DIN in a company; what's the procedures to be follow for safe side?

Please tell the procedure to remove name of director from signatory in which same person shown signatory two time with two different DIN.

What is the tax liabilty on credit co- operative society which is registered under MP State co- operative Act. society collect monthly deposit from member and collected amount given on loan to menber and earn interest. Earn interest distributed to member in their deposit ratio. society income distributed to member not hold by society. is liable for tax and registration under RBI for banking Transaction.

Hi All, One of our clients has wrongly deposited self assessment tax of AY-2013-14 to AY-2012-13.He has claimed the tax paid in AY-2013-14.And he has filed income tax return also . Now he has received notice to pay the tax ? Because there is no credit available online. What to do ? is there any option to rectify this? Now the

PLEASE PROVIDE ME THE DRAFT SAMPLE SPECIAL RESOLUTION FOR CHANGE IN REGISTERED OFFICE FROM ONE CITY TO ANOTHER WITHIN SAME STATE AND WITHIN SAME ROC JURISDICTION.

please somebody tell me what is Bit Coin. what is the method of sale/ purchase of Bit coin and how it is use in business.