Dear Friends,
We are working in a company which has Group of Companies.
We have more than Ten Public & Pvt Limited Companies, Firms, and Proprietorship Concerns. In Companies some Directors are common, in firms the same persons are Partners & in Proprietorship concerns they are proprietor.

These all concerns have transactions in between themselves (Purchase / Sale / Loan).
Whenever we open any new concern it takes loan from Old concerns.

My question is whether we have to charge interest for the Loans they are exchanging in between?

It is compulsory?

Under which section of Income Tax act / Company Law?

At which rate we should charge interest?

IF HOUSE PROPERTY IS BOOKED IN JOINT NAME OF HUSBAND & WIFE, LOAN FOR H.P. IS TAKEN IN THE NAME OF HUSBAND AND HE IS MAKING PAYMENT OF LOAN OUT OF HIS TAXABLE INCOME. IN SUCH CASE CAN HUSBAND PAYING FOR LOAN TAKE DEDUCTION OF PRINCIPLE & INTEREST WITHOUT ADDING RENTAL INCOME. RENTAL INCOME CAN BE ADDED IN INCOME OF WIFE OR NOT?
PLEASE ADVICE WITHOUT CONSIDERING THE PROVISIONS OF CLUBING OF INCOME.

Is it compulsary for the statutory auditors of a public Co. to attend the audit committee meetings for all the items under any Act, regulations or guidelines ? Pls. give the references also.

If compulsary, what are the implications to the auditor and the Company if not attended?

IF HOUSE PROPERTY IS BOOKED IN JOINT NAME OF HUSBAND & WIFE, LOAN FOR H.P. IS TAKEN IN THE NAME OF HUSBAND AND HE IS MAKING PAYMENT OF LOAN OUT OF HIS TAXABLE INCOME. IN SUCH CASE CAN HUSBAND PAYING FOR LOAN TAKE DEDUCTION OF PRINCIPLE & INTEREST WITHOUT ADDING RENTAL INCOME. RENTAL INCOME CAN BE ADDED IN INCOME OF WIFE OR NOT?
PLEASE ADVICE WITHOUT CONSIDERING THE PROVISIONS OF CLUBING OF INCOME.

goodwill is dead or alive asset?

HI Friends,

Kindly let me have your views on the following query

That A partnership Conern is covered under the definition of ENTERPRISE under Small & Medium Enterprises Act 2006.

sir,
we render maintenace and rent service.my query is that if the service bill date is 02/03/2009,but the service is for february 2009,what is the service tax rate applicable?can the bill be bifurcated ie.for services from 01/02/09-24/02/09 rate 12.36% and for services from 25/02/09-28/02/09 rate is 10.3%?

sir,
we render maintenace and rent service.my query is that if the service bill date is 02/03/2009,but the service is for february 2009,what is the service tax rate applicable?can the bill be bifurcated ie.for services from 01/02/09-24/02/09 rate 12.36% and for services from 25/02/09-28/02/09 rate is 10.3%?

how to export excel sheet to crystal report?

can anyone plz give me full details of the detailed book of munish bhandari for business law ethics & communication.( not a hand book) for ipcc. bcz hand book is diffirent from detailed book. no book is available of this author in my city and i ave to give order to purchase that book. therefore give me full details of that book.