ABC Pvt Ltd is a private company registered in India.
It has issued 100 shares. Out of which the 99 shares are held by XYZ Ltd which is a company registered in Mauritius and 10 shares are held by XYZ Ltd and By Mr. Ram (Indian Individual) Jointly.
My query is that can such type of shareholding pattern is correct as per Companies Act 1956.
Because XYZ Ltd percentage of holding has become 100%
Our auditors have raised objection in such type of shareholding pattern.
They have advised us to make Mr. Ram as first holder of the shares which are jointly held by XYZ Ltd and Mr. Ram.
Kindly advice as what shall I do.

Sir, please tell me the conditions under which an assessee is required to file the income taxreturn in ITR-2.

If the exempted income is more than Rs. 5000/- then is it compulsory to file return in ITR-2...?

dear Sir

I want to apply for Passport.

then sir please provide me the website for online application and documents required therefor.

which are the services on which input credit is not available.name some such services.

Dear All,
Is excise duty liveable on subsidy receivable from government on Manufacturing & Production of Fertilizer? If answer is yes than Plz Provide the notification or under which valuation Rules of Central Excise.

Is a Director can inspect the minutes of Board Meetings after resignation from Directorship of the period in which he was Director?

Kinsly advice.

Hi
All I have filled ITR-1 for salaried employee having Exempt income under section 10, such as
HRA-165000/- Medical Exps -15000, conveyance 8000.
According new rule for A.Y.2013-14 Exempt income above 5000 cannot use ITR-1. WHAT TO I NEED TO DO KNOW ?

Dear ,

Am 29yrs old married women want to do CA.I am Full time employee at one organization.Am planning for family also & i want to do CA for enhancing my career.Please guide. My previous Education is BA in economics & MBA in Finance.

Thanks
Regards
Urmila

MY GROSS TOTAL INCOME IS 750407

DEDUCTION 80C 100000
__________
BALANCE 650407

TAX ABOVE 61884

TDS 59722
-------
2162
INTEREST u/S 234(ABC)???



AGE-55, SALARY EMPLOYEE
FINANCIAL YEAR 12-13
DATE OF FILLING RETURN 31-07-2013
IT LIABILITY FOR INTEREST 234ABC?????
HOW MANY INTEREST PAY ???????

Respected Sir

One of my frnd(Doctor) has salary income from a hospital in Mumbai,though he does not have any clinic,he also gets Professional fees by taking some home visits.Now Bank is demanding Balance Sheet for Home Loan purpose.So Kindly Guide me how should i prepare his balancesheet???