Dear Sir,
I have a query for Disclosure of Shares being alloted for Part consideration as cash and part consideration other than cash.
Example in this situation:
A Ltd has to pay to B Ltd Rs.100
B Ltd has to pay to A Ltd Rs.70

Then B Ltd gives the offer to A ltd to Take the shares of Rs.100 and pay the balance Rs.30 in cash as net settlement.

Then what would be the required disclosure of the allotment.
Opt 1- Entire allotment for consideration other than cash
Opt 2-Entire allotment for cash
Or Any other,if yes,then please provide.

Thank You

The assessee owns agri. land and does farming activity. On some part of the land there are few old fruit bearing trees.Whether income from sale of such fruits is exempt from tax.
Thanks

My company is private Ltd company incorporated under companies Act 1956

Share holding patten

50% of Foreign listed Company

30% of Foreign Public Company

20% are indian

Now my Query is

Is my Company treated as Private Company or Public Company

i have partnership firm of 2 partners.
i want to know legal procedure and documentation in case of admission and retirement of partner in same time.

shop purchase in f.y. 2003-04. depre. on same is charged upto f.y. 2011-12 and thereafter the asset is treated as commercial property. The same has been sold in f.y. 2013-14.
whether the capital gain is long term or short term?
What tax benefit I can avail u/s. 54?

Sir,
If the iec code certificate hard copy is not available or yet to be received. And having valid iec code, taken online.
How to clear the goods on the basis of online iec code certificate ?

Very very urgent.
Regards,

Hello,

Principal contractor had taken a work contract and given it to sub contractor.

So my query is whether principal contractor have any liability to take registration under MVAT Act,2002.( for WCT )

Please solve my Query with prescribed provision of Act or Rules etc.

Please help me by intimation the Tax Audit Limit of a C.A. for the Asst. Year 2013-2014 for West Bengal & Assam or its all same for the country by ICAI.
Becoz my C.A. said their is no limit under 1 crore turnover but one C.A. can only sign 45 Tax Audits over turnover of 1 crore.

Thanks in advance
Digbijoy Ghosh
IT Lawyer
West Bengal.

Dear experts,

Where we do not have control over the registered email, how shall we reset the password in incometaxindiaefiling.gov.in.

earlier we used to send an application to validate@incometaxindia.gov.in and the resent password is being sent the mail id from which such request is made.

now even on such request the department is sending new password to the registered email id.

Where we do not have control over the registered e-mail id what shall we do.

can we change the registered e-mail id without logging into the account.

please suggest

if loan taken from relatives but interest not paid whether it has any effect if the individual business is under tax audit 44AB