HI WE ARE THE MAFG UNIT AT DAMAN & WE PAY SERVICE TAX ON GTA I WANT TO KNOW IN DETAILS ABOUT GTA KINDLY ADVICE THAT ON WHICH WEBSITE I GOT THE INFORMATION

I WANT TO KNOW THAT WHO IS ELIGIBLE & WHAT IS THE LIMIT FOR GTA.

Dear all ..
please answer of my query..

Donation given to NON GOVT. ORGN. Can we can take examption u/s- 80G???

Thanks for Opinion in advance..

Respected Professional Friends,

As per the recent amendment to Sec.56,".As per the proposal, shares received without consideration or for inadequate consideration, the aggregate fair market value of such property over and above the consideration, if any, paid, shall be considered as income of the recipient.”

So my question is,” If a person transfers the shares of a PRIVATE LIMITED COMPANY, will this section be applicable; if applicable, what will be the rule for valuation of shares? Means how can the fair market value of the shares be found?
Thanks.

hi moderator,
i m a new member of ur forum.i was going thru mails written by other members ,they were very helpful. i have 2 quaries regardiing my HUF account.
1.my husband was the karta ,he expired last year,me n my minor son are the member of above said HUF.NSDL has asked me to get succession certificate as HUF has desolved? is it true? if so than can u give the reference of it.
2.HUF was generated by money gifted by my sister inlaw who is married ,now asking me to return that money , am i legally responsible to return that money? my husband already returned that money to her after earning but i dont have legal documents of that n she is denying n threatening me to go to court.

what will be the ideal time gap or ideal date for the first boarding of the company or can we keep the first board meeting on a very first day i.e. on incorporation date...kindly suggest.



Regards

Dear Experts,

Due to Bank Strike on 6th and 7th August, we are unbale to make TDS payment. Is interest payable on such delayed payment. Please quote the relevant section or case law applicable in such situation.

Thanks & Regards

Lakshminarayan.B

IN CASE OF ASSESSE OTHER TAN COMPANY, HAS TO DEPOSIT 30% ADVANCE TAX UPTO 15TH SEP, OTHERWISE INTEREST @ 1% PER MONTH WILL BE CHARGED UNDER SEC 234C, IF 30% ADVANCE TAX IS DEPOSTED BY ASSESSE ON 20TH SEP THAN INTEREST WILL BE CHARGED FOR 1 MONTH OR 3 MONTH. IS HE WILL GET ANY BENIFIT FOR DEPOSITING TAX BEFORE NEXT INSTALMENT I.E. 15TH DEC

Can u tell me that interest on PPF is eligible for the deduction us Sec80C and the refrence for the same

Hi

The banks (both private and public sector) in the normal course of business buy certain capital equipments like centralized air conditioning plant, vehicles, ATMs etc. I would like to understand whether the banks can take CENVAT credit of excise and customs duties paid on purchase of capital items and set off against the service tax liability.

please suggest me the reference book for accounts CA final