The assessee has income on estimated basis 44AD. He had not paid any advance tax during the P.Y.2012-13. when computing his tax liability, interest U/s. 234 will calculated or not?

hello,

I have a one query relating to rent payment made to director but in the salary of director not considered as perquisite, whether the amount paid by company to director is allowable expenditure to company or not. Explain the same with specify the section also.

Thanking sir,

Regards,
Rajasekhar

I need some clarification on export of Gold Coins to Iran from India. What are the requirements that needs to be fulfilled.

dear experts , for availing DIN letter of installation of meter will consider as address proof? actually in our company a new director is inducted. he doesnt have any document like passport, DL etc with current address . he has a letter of allotment of flat and a new meter of electricity has been installed only and that letter is with us . what shud we do?

Respected sir/mam

my self Mahesh Chillal & my father retired from BSF (Govt),but now he is received pension from central Govt & also he was received medal allowance.i want to know that where it was shown in ITR-1 & also give suggestion if any deduction .Please give your valuable suggestion which is useful for me.

Thank You,

l
Assessee purchased two land on the following dates:
1 14.02.1995 cost of land: Rs. 38334
2 31.05.2001 cost of land: Rs. 94110

During A.Y. 2013-14 assessee sold the both land( sale valuebreakup is not determinable for each land)
on 26-02-2013 for Rs.9011111/- & he done investment in House in March for Rs.7857000/- Kindly guide how to compute capital gain & exemption U/s 54F For claiming maximum benefit... plz rp

Dear Sir,

i am working in construction company as a cost accountant, i want to know whether cost audit is compulsory for construction industry. kindly clear my doubt with details

Thanks & Regards,

BALA GANESAN S

Dear sir,
I was hindi medium student till IPCC. But now I take English medium for final.How I can study of final in english medium.

Dear All,

We paid Service Tax for Freight on 05/07/2013.We want to utilize the challan amount for the month of Jun-13 Excise Payment. Is it possible. Please give me the suggession.

Dear All,

A Pvt. Ltd. company is presently having the below main object clause:

"To carry on in India or elsewhere the business as traders, merchants, wholesalers, retailers, liasioners, stockists, products booking, distributors, importers, exporters, middle man, brokers, suppliers, indentors, C&F agents, commission agents, buying agents, selling agents, or otherwise to exchange, load, unload, handle, deal in all types of machinery equipments, components, electrical & electronic goods, articles, things, products, all commodities, consumables, accessories, spare parts, ingredients, systems, substances, instruments, chemicals, devices, fittings, tools, dies, jigs, compounds, raw materials, by-products, semi-finished products, materials, wastes, residues, derivatives, appliances, stores, preparations, mixtures, vehicles and other items, used in any industry, commerce, transport, public welfare needs, defence, aviation, agriculture, construction, power, transmission, pollution, or in any other field and to do all such incidental acts & things necessary for the attainment of the foregoing objects."

The company already carries out activities of maunfacturing and selling of its products to wholesalers as well as retailers.

Presently the company is planning to incorporate more products in its profile and opt for direct selling for selling its products in the market.

Hence my query here is that whether the existing main object clause as mentioned above is adequate and can the company opt for direct selling under this clause itself or the company needs to alter its Main object to state the object of direct selling.

I hope my query is clear. Plz guide.

Thanks