Kindly Possession means ownership/ control/tenure/custody.

When tools & spares gets lasted/used out during its usage within 4 to 5 months from the date of taking input, whether balance 50% of its credit could be taken in subsequent years/whether such goods can be capitalized.

I have received an intimation u/s 143(1) from CPC (Dated 04/07/2013) demanding the full amount+interest of previous year (A.Y.2012-13) TDS. I was shocked after receiving the notice as TDS is already deducted by my employer. When I was thoroughly going through the last year (A.Y. 2012-13) ITR-1 that I filled and submitted I found I had entered wrong TAN number. Is that the reason that I got this intimation u/s 143(1)?

In this context I would like to know what I need to do now. They have charged interest u/s 234B and 234C on TDS already paid. Still do I need to pay that interest amount?

Please advise me.

One of my client wants to add another service in his existing service tax no. But I amended without adding services and filed it as it is like before and also submitted all the documents now client became very much harassed coz of my irresponsibility. I m moving to service tax office thane on monday can anyone guide what to do

Please tell me procedure for transfer of shares from Resident Shareholder to Non-resident Shareholder.

Can short term capital gain arise from sell of Land/ Building, etc. set off from Short of term Capital loss which arise from sell-purchase of Shares

Hi,

I have to take 20000 from client. He given a PDC in favour of SELF.

I suspect that he has become bankrupt.

If I go to bank on date of withdrawal and if there is no fund, will it be treated as dishonour of cheque under Negotiable Instrument act??

Can I sue the client for such amount for such dishonour?

Hello everyone,

one of my client started a restaurant on 01/7/2013 in partnership. A brought Rs.10 lacs and Mr. B brought in Rs.10 lacs. Both will share profits equally.

Now i have to draft their partnership deed.

My question :
should i show their capital as 20 lacs total or show less capital because stamp duty will be more if i show more capital ?

waiting for the views of the experts.

Dear learned CA's

1. In absence of any FORM 32 and Board resolution filed with Registrar of Companies in favour of a person, can he be considered as Director of Company. Further, if he has misrepresented himself as Director by signing Annual Return alongwith a validly appointed Director and filed with ROC, can he be considered as Director of Company.

Request expert advise.

Sir which scanner I should use for CS Executive exams ?
Thanks

If a company purchases mobile the value of which is Less than Rs. 5000/- should it be treated as capital asset or revenue expenditure

i.e. how it should be accounted for