dear all,

I need one Board resolution regarding ceased to be Director by death and appointed his wife as director of the Company

can anybody send me a draft of the Board resolution? it is very urgent

does a foreign company not having a permanent establishment here need to deduct tax at source from payment made to a resident for certain preincorporation expenses of indian company liable to tax deduction e.g payment to professionals.

Hello sir,....I am commerce graduate and i want to become a Tax consultant.so please anyone suggest me what course i do now other than CA,CS which give me the authority as a Prctising Tax consultant.
Any short term course for that and if yes then tell me from which university i can pursue this course.

One of our clients is enjoying the working capital limits from the nationalized bank. While renewing the facitlities bank has increased margin from 20% to 25% without giving any reasons. when the customer represented to reduce it to 20% as per the original sanction, the bank refuse to do so. So whether bank can change the terms & conditions of working capital loan without giving an opportunity of being heard to the customer or can bank revise the terms arbitrarily without intimating to the customer.
Pls let us know any guideline if any is there or in such situation what customer should do if he does not want to accept the revised terms.

what is the procedure of calculating tds on salary. what is the minimum limit of salry above which tds is deducted. what is the maximum limit of salary on which tds shall not be duducted.??

I recieve a rent of 1.50 lacs for period
of 3 months during the year.
The property was vacant for balance 9 months
I pay int of 3 lacs on loan agt property
what will be deduction allowed for interest.

can this be loss be off set against salary income.

When we purchase NSC,then we get deduction u/s 80c.

Now when intt. Accrued on such NSC,it is exempt under sec10(15).

My question is that can we get the deduction of 80C on such intt ,although such intt ìs not forming part of our gross total income....??????????

Huaband & Wife has taken home loan to acquire Self Residential House in Joint name.
But the registry of House is done in the name of wife only to save the stamp duty
Full Loan instalment is paid by husband.

1.Whether husband can claim for Tax Benefit under ITax u/s 80C.& Sec 24.
If no why?

Hello everyone,

pls resolve my query-

Our co is a jointventure pvt. co. in whch Foreign stake is 51% and indian holding is 49%. there is amount of Rs. 1.5 crore which the company is liable to pay to Bank and the co has no funds to repay this amount. now my query is this-

what are the alternatives through which our co can receive funds from our foreign as well as indian holding co.? the only alternate is to issue equity shares or we can issue preference shares also? or if both which one is better and what is indepth procedure for the same?

or if there is any other easisest solution kindly let me know, its very urgent.megha.gupta
Trainee eMind !

Posts: 9
Joined: 01 Jan 1970 00:00
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The dealer is purchasing material from the other states, the transport charges are paid to the owner of vehicle but the bill is in the name of transporter who works only on his commission. does in this case tds u/s 194c is to be deducted of the transporter who acts only for commission.