Hello,
I have received amount Rs100000/- from my father in law on 5/5/2012 through bank tranfer.
Can he make gift deed for it now i.e on any date after 5/5/2012.
can he make the gift deed in rs 100 non judicial stamp paper. I am hindu by religion and resident of west Bengal. Please advise.
The Companies Bill,2012 is passed or nor,and its applicable for financial year 2013-14 ?
can any one pls provide me the for opening share application account to keep the share application money received..
IF I GIVE LOAN TO MY FRIEND/RELATIVE OUT OF MY BUSINESS/PROFESSION, @ 2%p.a. AND MARKET RATE OF INTEREST IS 10%, WILL 8% INTEREST WILL BE DEEMED AS MY INCOME ON NOTIONAL BASIS.
WHAT WOULD BE THE POSITION IF I GIVE INTEREST FREE LOAN AND MARKET RATE IS 12%
IS A DIRECTOR IS INTERESTED AS PER SECTION 299 IN FOLLOWING CASES?
CASE- I: IF MR. X A DIRECTOR OF ABC LTD. HOLDS 1.5% SHARES OF XYZ PVT. LTD. AND HIS WIFE HOLDS 2% SHARES OF THE SAME COMPANY.
CASE-II : IF MR A, DIRECTOR OF ABC LTD..
HIS WIFE HOLDS 3% SHARES IN XYZ LTD.
i was enjoying Cash Credit in my proprietorship concern, now the said cash credit converted into Loan Against Property.
so, what is the provision under Income Tax Act, regarding this matter.
the property is residential in the name of proprietor.
so, please help me about this matter.
Thanking you
I have registered my article ship 15 October 2012 and took transfer 22 January 2013 and again joined my article ship 5th February. I have not sent my form 103 till date. What will be if I post my form 103 February 4th.and it will take 2 days minimum to reach SIRC branch of ICAI . And the problem is
Whether date of posting consider as a deemed date or should I paid late fee???
date of allotment of residential plot= 28-02-2009
loan taken on = 28-02-2009
sale deed registered on 28-02-2012
assessee paid interest amount to rs 4 lakks
for the period of 28-02-2009 to 28-02-2012
sir now my question is can assessee add this interest in cost of the plot????
please reply
thanks in advance!!!
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