Dear Sir / Madam

Please let me know that is it necessary to conduct EGM for taking out bonus issue.Cant we declare bonus issue in AGM which is conducted jst after balance sheet is signed i. e. ours balance sheet date is 09/09/2009. Also please let me know that cant we issue bonus shares if we havent mentioned anything in articles regarding bonus issue.

Dear Sir/Madam,

My wife will get an amount of Rs. 300000/= as a settlement from their family through property apportion. We would like to know whether that amount would be a taxable and while depositing into bank, what support documents are required.

Thanks,
Subramani.

full form of tds

Respected Sir,

My question is for Capital GAIN AND LOSS.

CAN WE SETUP SHORT TERM CAPITAL LOSS FROM SALE OF SHARES TO SHORT TERM CAPITAL GAIN FROM SALE OF PROPERTY ?

REGARDS,

Amit Kr.

delhi009@yahoo.co.in

Whether the assessee who books a flat with a builder, and the builder promised to deliver within two years, now, that has not happened, because of certain legal hurdles and recession,, however it should hopefully, be completed within three years. Do I continue to enjoy, the long-term gain exemption, even if it takes three years?

Adolf Pinto, Mumbai

Sir,


If a company in Inda has to make payment to a liasoning officer in Iran, whether the company in India has to deduct tax at source on the payment so made?

The client is doing emboidery jobwork on cloths and raises bill of jobwork. He purchased a new embroidery machine during the year, whether he is eligible for additional depreciation on new embrodiery machine purchased during the year.

If sales tax is not routed through Profit & Loss A/c and shown in duties & taxes, whether sales tax payable will be disallowed if not paid before filing return?

What is the exact period of Industrial Training for an articled assistant-9 months or 12 months?

Whether an articled assistant can opt for industrial training merely after intimating the principal three months in advance?

What are the remedies available for an articled assistant if his/her principal employer is not allowing him/her to join industrial training?

Please reply to the earliest...

Thanks & regards

Shubham

A Ltd, B Ltd and C Ltd are companies registered under companies act, 1956.

A is holding company of B and B is holding company of C as at 31.3.09.

on 30.6.09, B ltd sold C ltd to A Ltd.

How will the Company present the same transaction while preparing Consolidated financial statements (CFS) of BLtd as at 30.6.2009.

Should it consider the results of C ltd upto 30.6.09 in its CFS?

What is the logic of computing Profit/(loss) on sale of subsidary in CFS ( AS per AS - 21).