DO EACH YEAR I HAVE TO PASS THE RESOLUITIONS FOR SEC 274(1) (g) RECEIVED FROM THE DIRECTORS
WHAT IS THE FORMAT
IS PASSING EACH YEAR MANDATORY UNDER COMPANY LAW AND UNDER WHICH SECTION
sumit
Now i am filing my rerun in Bombay but i want to file my return in calcutta becuase i have shiffted overthere. So Please tell me the processure that how can i transfer my file from Bombay to Calcutta.
Please reply me soon.
i have paid LIC premium for f.y 2006-07 on 10/04/2007. And not recorded in books of accouts and also not claimed in return of income. can i claim in return of income of f.y 2007-08
I want to know that can i able to register my firm under VAT only when my annual sale cross the limit of Rs. 500000 /- and if yes then which kind of formalities i have to fullfill.
Please reply me soon.
My First Querry is that i want to file income tax return and i am paying rent anually 80000 /- and i also have the receipts of the same so can i claim it u/s section 80-C.
Can i claim tution fee as deduction u/s 80-c more than two child.?
In a contract of guarantee, whether forbearance by the creditor to sue the principal debtor discharges the surety.
I am new to Audit work,how we have to start the audit when we visit the client place.
If any one can help me about the procedure of Audit, how to start and how to end and what are the steps involved in it,what ever the Audit it may be but standard format to do Audit.
* Mr. A is holding 25% shares in XYZ Pvt. Ltd.
* The company has Rs. 20 lacs in its Reserve and Surplus on 31.03.2008 which includes Share Premium of Rs. 5 Lacs.
* Mr. A is also partner in M/S ABC & Co. and his share in the firm is 60%.
* The said XYZ company gave a loan of Rs. 18 lacs to ABC & Co. out of which the firm paid Rs. 16 lacs to Mr. A.
(a) Will the provision of section 2(22) (e) of the Income Tax Act be applicable for this transaction?
If yes, what will be the amount of deemed dividend in the hands of Mr. A?
In another situation XYZ Ltd. has repaid of Rs. 18 lacs against loan taken by it from ABC & Co. and ABC & Co. in turn gave loan to MR. A by debiting his capital account.
Whether the department is right in arguing that XYZ Ltd. Co has given Loan to Mr. A via conduit and hence the provisions of sec. 2(22)(e) are applicable and Mr. A is liable to tax for amount received to be considered as deemed dividend ?
Whether TDS provisions are applicable for deemed dividend.?
First of all Ram Ram Everybody!
We are authorized dealer of Kirloskar oil engines for spares & service. We provide warranty service to Kirloskar Genset customer. Work charges of warranty claims to KOEL labour cost and material replaced within warranty. Also we purchase spares from KOEL. KOEL gives us a credit note of warranty charges. We reduce the same from our purchase value and remaining amount paid by bank. Also they calculate service tax on labor charges 12.36% Tell me how the above transaction enter into tally.
Rent Deduction.