A person who is a Company Secretary & a director is?
(a) Employee director
(b) Non-executive director
(c) Executive director
(d) Independent director

A company is purchasing a car on its own name and installments paying by employee.
After completion of installments period Company will give car to the employee.

In this case, can company charge depreciation till the completion of installments???

Can employee get tax benefit of interest on installment of car loan.

Dear Sirs,

Is it necessary to fill up the office address in case where I am showing an individual's "SOURCE OF INCOME" a Salaried Person ?

Another thing is that if a person can not produce his Salary Slip but insisting to be shown him in IT as a Salaried Person then what to do.

Regards,
Ashim

Hey guys.... I just completed CMA (cost and management accountant) and now I am confused between CIMA and CFA.
As these days I go through many discussion forums and came to know that CFA has limited scope and there is tough competition in finance industry as they would like to take guys from technical background(math and engineers) and other top B- schools. I’m afraid about such things that finance industry not doing well……. and there is already a cream n you would be a analyst forever……….. and the pay would be less.
And in CIMA I’ll get exemptions in different papers due to CMA. Please guys I am looking forward for your suggestions.

My tenant ( a company) has caused extensive damages to the property. At the time of termination they have agreed to pay for the repairs. The total cost of repairs is approx Rs1,00,000. They also have rental arrears of Rs 1,00,000.

The tenant has deducted 20000 as TDS.

Is he right in deducting TDS on his liability for repairs?

I don't want to treat the repairs portion as Income for my return. Will this cause any issues?

Why do we get a deduction on arrears of rent recovered and not unrealized rent recovered

can an individual lawyer claim following tax deduction 1) salary given to junior lawyer.
2) salary given to driver
3) salary given to helper office boy

also driver and office boy salary is given in cash as they don't have account and they prefer to get cash
in such cases what proof need to be submitted ?

also printing and stationary cost can that be claimed

Sir/Ma'am,

I require your advice for the following,

1)May i please know the procedure for adding objects in the object clause of memorandum of a section 25 company.
2)Is there any difference in the procedure of doing the above in a section 25 company as compared to other companies, except for that it
requires approval from central Govt.
3)What all forms have to be submitted with MCA for doing the same.?form 24A/23/65??

hey frnds..my score in cs professional 3rd module is 63 and 35 respectively..if i claim exemption in sm, then hw much marks do i need to score in tax in next attempt i.e. only remaining 40 marks or 50% aggregate..

Dear experts,

I know that interest on 2nd house if fully deducted from taxable income.

My question is.
1) Can this second house need to be in same city where i am staying or another city ?

2) If i had closed housing loan for first house , can i claim full interest of 2nd house as deduction Or to claim deduction of interest of 2nd house, the Housing loan of 1st house should not be closed?

Regards
yogi