If Assessee received income from interest on F/D of Minor Income. he will also loan taken from that F/D and paid interest on F/D loan can he take befit of U/s 57 and U/s 10(32) both. or only take one of the two section.

I am a Final student regd under the old course in 2006.I have not been able to clear any of the groups till Nov 2008. In case I clear only first group by Nov 2009 whether I can continue my second group in the new syllabus or whether I have to register again under the new syllabus and appear for both the groups. Kindly let me know.

It is a known fact that if the director name is appearing in the LIST OF SIGNATORIES under View Signatory Details, then DIN-3 is already filed for him and approved by MCA21.
My query is, whether this DIN-3 will be available in the MCA21 portal or not.

My understanding is that DIN-3 if not available in the MCA21 portal, then it would be treated as PRIVATE DOCUMENT by MCA21.

Confirm whether my understanding is in order.

There is one company having carried forward depreciation loss. It had sold off all the immovable properties and deposited the proceeds in Fixed Deposit with Bank.

Now whether this company can give unsecured loan to another company by pre maturing the fixed deposits ?? If yes whether any legal formalities are required under companies act......

Hi,
We have reinstated the debtors balance at the year end and we recognised the exchange gain on that reinstatement.
Whether we have to reverse the entry made earlier? if so, why we should do like that?

sir my question is Mr.X is a director to ABC co. and he gives loan to company for interest and that interest comes to RS.15000 every month. Whehter TDS to be deducted on interest on loan given by director to company.whether TDS to be deucted on Event mangement. if yes what is the rate of TDS.

We hav two partners in firm their fixed capital is 25000 per head and for trasaction they hav deposited 500000 per head. as per partnership deed they are liable to take 12%PA int on the same.
please explain me the accounting treatment and Calculation for Interest.
When shall i pay the same

We hav two partners in firm their fixed capital is 25000 per head and for trasaction they hav deposited 500000 per head. as per partnership deed they are liable to take 12%PA int on the same.
please explain me the accounting treatment and Calculation for Interest.
When shall i pay the same

We hav two partners in firm their fixed capital is 25000 per head and for trasaction they hav deposited 500000 per head. as per partnership deed they are liable to take 12%PA int on the same.
please explain me the accounting treatment and Calculation for Interest.
When shall i pay the same

Can I Claim an exemption U/s 10(10)(III) for gratuity paid to employees who have not done continous service, even though my company is covered under the payment of gratuity Act ?