Can we Started a business With Capital raise by Cash????

Cash A/c Dr. 20 lakh
to Capital A/c 20 lakh
(during the year)

it cash collected by relatives as a loan(no records in books)

n can repay in 2nd & 3rd year by withdrawing cash from capital

Capital/Drawing A/c Dr.
to Cash A/c

thanks to take interest in query

Our company has purchased ERP computer software, whether it is liable to deduct TDS u/s 194J or not ? Please, explain with notification or circular.

We are palnning to enter in the area of Finance Leasing Service Provider (LESSOR).

Can we avail the CenVAT Credit on the goods purchased for the purpose of FInance Leasing. These goods have to given to the Lessee on Lease.

If the Cen VAT Credit can be available how it should be claimed.

Can these credit set off against service tax

Can anyone forward me the latest form no 13 in word or excel format

A person (Books of a/c nt maintained) having Commission only Rs. 60000 and saving bank interest Rs. 1500 in the Previous Year 2011-12. and Tds deducted Rs. 6000 u/s 194H then
1. If I left b/s annexure blank. Is return is correct..? Bcoz I have no further details and main object of this return is to find refund only
2.Whether I show commissin Income as gross profit or gross reciept......?

Kindly advise us along with section and case law whether the capital gain tax liability attracts on sale of agricultural land by an individual which is situated within the radius of 8 Kms from Municipal corporation.

sir ,i am in final year of graduation regular college and my final year exmas are in may 2012. can i start my artcleship before 30th april.
i should fill form 112 or not.?

hello sir,
i have registerd my self in direct entry scheme on provision basis on 8 march 2013 for may 2014 attempt,and i want to know upto which month in 2014 i will be require to complete my 9 months training for may 2014 ipcc attempt,plz answer my query as early as posible,thanks.

IS THE SECOND ROUND SHORTLISTING IN CAMPUS INTERVIEW IS TO :
A)REMOVE SOME OF THE CANDIDATE WHO WERE SHORTLISTED IN THE FIRST ROUND OR
B)TO SHORTLIST THE NEW CANDITATE

PLEASE ANSWER THE QUESTION SIR
THANKS IN ADVANCE
PLEASE SIR PLEASE

DearSirs,
I have initiated the process of incorporating a pvt ltd company with one of my business associate. I have following queries in this regard:
1) is it necessery to have a MD (managing Director)in a pvt ltd company or it can function with two directors as minimum numbers of Directors.
2) Does the salary need to be given to Director/s need to be mentioned in articles of association.