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!!!
The effective rate of Central Excise Duty on marble slabs/tiles has been increased from Rs.30/- to Rs.60/- per Sq.Mtr. But the tariff rate of duty on marble slabs/tiles is 12%, which is called statutory duty. The effective duty can never exceed statutory duty.
Can anybody explain when discharging duty liability on marble slabs/tiles, duty can be paid @12% of assessabale value or Rs.60/- per Sq.Mtr.?
Dear experts
greeting for the day!
WE received TDS notice U/S 200A, for short payment and late payment, and specific amt mentioned in the notice but this amt is different from the amt of Default TDS list which is download form NSDL!
Please clear issue of amt payable!!
in what basis we should pay the tds?
How can i see the details of demand raised by ITD for AY 2009 be cause i have received notice for adjustment of my refund against demand of AY 2009 demand raised date 7/11/2011 and DIN number 2010200910008826505T
this number can help me to understand what is the issue for the demand
Hi
I received taxdemand of 23000 for 2008 but all my taxes are tds done and my 26as form also shows it. Ihad tax refund of 4500in 2012, they adjusted that money also.What shall I do, please guide?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Section 299