Suppose there are 2 Joint Venture companies A and B having 3 interested directors. Company B holds certain shares of company A. Now Company B wants to avail loan from Bank. Company B use shares held by it of Company A as security.
Now the question is, does any disclosure is required by the interested directors or what will be the procedure to avail loan and what will be duties of intrested directors?? reply soon

Very urgent query

Can an individual claim benefit of sec. 54 on purchase of 2-residential house property at different locations out of capital gains from sale of 1- house

Dear sir,

pls provide me the main object for the company

manufacturing & salling of washing powder and liquid for cleaning etc.

its urgent pls

Respected Sir,

I am a sole proprietor and I am a HR providing firm in Government Sector for last 9 years. My problem is that I and other Company which is also sole proprietor is also same kind of business from last 12 years. We have all kind of Government Registration like (P.F., E.S.I.,) etc., now other proprietor offers me to merger his company and become a partner in his firm, whit his company name and close my company and surrender all my government registration. He gives me only my share of profit in his firm and become of his partner.
In future, if he cancel partnership and terminated all kind of agreement so what kind of action we will take to other company.
Thanking You.
Bhavin Sukani

Can a backdated share transfer take place in a private limited company. If yes what are the stamp duty implications?

KIND ATTN. SIR

WHETHER THE CHARITABLE TRUST CAN RECEIVE IN CASH WITH REGARD TO CORPUS FUND FROM TRUSTEES AND OTHER DONORS.
AS PER THE LATEST AMENDMENT CASH RECEIVED AS DONATION MORE THAN RS.10000/- , THE DONOR IS NOT ENTITLED TO RECEIVED EXEMPTION U/S 80G .
BUT THE TRUST IS NOT AFFECTED IN RECEIVING IN CASH AS IN THE MODE OF CORPUS FUND OR AS DONATION. KINDLY CLARIFY

WITH REGARDS
CA.P.SHANGAR

I have uploaded ITR 1 but not posted the ITRV. Now I find that I have dividend income more than 5000 so I should have filed ITR 2. What should I do now. Please help.

Dear experts
I working as an articled assistant. One trading co providing sales & service in one depot and trade sales in another depot at which input service tax available on rent. Whether this co. can take input credit of service tax(on rent) to output service of another depot

Suppose "A" of Chattisgarh sells Excisable Goods to "B" of Jharkhand. "A" gives Goods to a Transporter to send it to Jharkhand. In the meanwhile "B" of Jhakhand sells that goods to "C" of Uttar Pradesh. Therefore the transporter takes the goods directly from "A" factory to conginee "C" of Uttar Pradesh without entering Jharkhand.

This is an E-1 Sale for "B" of Jharkhand.
And Sec 3(b) purchase for "C" of Uttar Pradesh.

But I want to know whether it is Sec 3(a) purchase or Sec 3(b) purchase for "B" of Jharkhand?

I am a salaried person and switched job in aug 2012.My total TDS deducted by both the employers is less than what should have been deducted.
I need to pay approx 40000/- tax now for AY2013-14.Do I need to pay interest under sec 234B&C .I have salary income,loss from house property and interest income from fixed deposits.