whether section 2(22)e is attracted while repayment of loan taken from director by a private limited company ?

if not applicable than is it recommended to borrow loan from directors ?

Further if in incorporation stage a private limited company borrows money from directors and repay the same before company earns gain than also section 2(22)e is applicable or not?

i am from haryana.my brother business is garments business..his annual turnover is 15 lakhs . he wants to pay tax....only .and first return is also in assesment year 2013-14 ..e does'nt want to register in vat... so what is procedure follow to pay tax..in garments business.

sir going to file return for AY 2012-13 as assessee can file return upto assessment or 1 year from end of assessment year which ever is earlier...

so in return for ay 2012-13 today i should mention clause 11 THAT IS ON OR BEFORE DUE DATE OR SOME THING ELSE...

URGENT...
THANX

hi,i hav been register undr direct entry scheme..bt i hvnt recivd the registration letter yet i wantd to knw wen is the last date of submission of 102&103 form for articleship for the attempt of may 14 ipcc exam

definition of transfer is given in sec. 2(47) of income tax act, 1961.
wether (47) is sub-section or clause????

hello,
i have 32 bit windows xp sp3 and use firefox 22 and java 7 update 40. but when i try to use my dsc in incometaxindiaefiling.gov.in, it replies

1. store certificate class not found, or
2. digi sign applet class not found.

how do i rectify the above errors?
kindly help.

hey frend,

i want to know that what is the old gold sale scheme in which 2 no money convert in 1 no....

if any one know it pls provide me, how its work and how to use it scheme..

How is the status of private trust determined

Respected sir/Madam,
In my brother's case, the company itself provided the uniform to my brother and shown it as an allowance in his form 16.whether it is exempted or not? No payment was made to him by the company.

Thanks in advance

Our company has purchased machinery (whole plant) in lumpsum from another company through agreement 3 years ago. we did not take any input credit on such machine.

Now, we are selling these machines. Do we need to charge excise duty on such invoice. Or will there be any reversal of excise duty.

Guide me about VAT also- factory located in Andhra state.

Thanks in advance.