Dear Friends,

Please advise. Can a person be appointed as WTD of more than 1 company. Also mention if there is any source or DCA clarification etc.

As per my opinion a person may be appointed as a Whole Time Director in more than 1 company especially under the same group companies.

Regarding WTD there is no specific provision like sec. 316(MD) or 386(Manager) to regulate the appointment of WTD. As far as section 269, 302 and schedule XIII are concerned they don't talk about no. of assignments as WTD.

Thanks in advance. Regards

Hi...

Can we file Balance Sheet and Annual Return in Form 23AC & ACA and Form 20B by simply mentioning Sd/- in place of actual signature of directors. Is this a legal method. Share your experience.

Let me tell you that i am following this method from last 2 years and all the forms are approved at MCA portal and properly reflected in the Master Data of my companies.

Regards-Ankur

Hi...

Can we file Balance Sheet and Annual Return in Form 23AC & ACA and Form 20B by simply mentioning Sd/- in place of actual signature of directors. Is this a legal method. Share your experience.

Let me tell you that i am following this method from last 2 years and all the forms are approved at MCA portal and properly reflected in the Master Data of my companies.

Regards-Ankur

My Employee have a housing loan towards which i pay an interest of Rs.3.50 Lacs Per Annum. Can I claim full deduction of Rs.3.50 Lacs from the taxable income?

hi
i cleared my icwa final(new scheme) recently.
wat shd i do next
let me know the details of membership fees , training if any and other relevant matters
thnx
regards
madhukar

dear sir i wanted to know what will be the treatment of conveyance allowances if they are paid parially for personal and partially for official purposes under the head income forom salaries and what will be its treatment under the computation of salary for rent free accomodation as per assessment year 2009-10

AS in one of the questions in grish ahuja sir's book conveyance allownance of rs.2000[70% official] whole of it is deducted from salary computed under rent free accomodation

dear sir i wanted to know what will be the treatment of conveyance allowances if they are paid parially for personal and partially for official purposes under the head income forom salaries and what will be its treatment under the computation of salary for rent free accomodation as per assessment year 2009-10

AS in one of the questions in grish ahuja sir's book conveyance allownance of rs.2000[70% official] whole of it is deducted from salary computed under rent free accomodation

dear sir i wanted to know what will be the treatment of conveyance allowances if they are paid parially for personal and partially for official purposes under the head income forom salaries and what will be its treatment under the computation of salary for rent free accomodation as per assessment year 2009-10

AS in one of the questions in grish ahuja sir's book conveyance allownance of rs.2000[70% official] whole of it is deducted from salary computed under rent free accomodation

dear sir i wanted to know what will be the treatment of conveyance allowances if they are paid parially for personal and partially for official purposes under the head income forom salaries and what will be its treatment under the computation of salary for rent free accomodation as per assessment year 2009-10

AS in one of the questions in grish ahuja sir's book conveyance allownance of rs.2000[70% official] whole of it is deducted from salary computed under rent free accomodation

Dear Sir,
we are the suppliers of auto parts to a party located in special economic zone who is claiming exemption from excise duty, Sir if we can remove our supplies to the party without payment of excise duty if yes under what provisions of the excise laws. We removed certain supplies after payment of excise duty for which our customer has not taken cenvat credit of that amount. Out of that supply certain materials are returned back to us on the cover of a debit note. Now the situation is that we cannot take cenvat credit of the returned goods because it is not under the cover of an invoice and our customers is not willing to return the goods under the cover of an invoice coz it is exempted unit. Sir my second question is can we claim refund of excise duty on these returned goods because we have not transferred the incindence of tax to the customers as he has not taken cenvat credit. Party will not pay us even for the excise duty on the returned goods although this we had pocketed out to the revenue. Please advice