one Company and Proprietorship Firm
director and proprietor are same person
he want to withdrew money from company
please suggest me how is made for transaction

I am a CA Intern. I have a client who is earning foreign Salary from an UK based Firm. He left India for the purpose of employment on 10.10.2013 and has been receiving salary since October. Since he had left India for the 1st time and his stay in India exceeds 182 days, he is now an Indian resident for the respective P.Y 2013-14.

I want to know is there any way out so that his income which is earned abroad does not gets taxable in India.

Kindly guide me regarding the matter as soon as possible since the date of 31/07/2014 is nearing.

sir i have a doubt, as one of our friend's company had a production unit, and this unit had wrongly taken an input tax credit on central excise duty for the year 2009-10. and from the audit of excise department, they noticed that wrong credit and they charged Rs. 15000/- as interest, penalty and the wrong credit. as the order from the department the accountant had reversed the credit amount with interest and penalty from the credit available. but the department made a clarification that interest and penalty to be paid in the form of cash. and as the above said order we paid the interest and penalty in the form of cash. But we want to utilise the amount reversed for the interest and penalty wrongly utilised from the available credit.so how to shown that amount of wrong reversal for interest and penalty in ER-1 thank you..

Can any body help me in getting the format of resolution for disclosing the interest by director which is to be filed after the 1st board meeting of a company in a new financial year as per new company act 2013

Dear friends.

Good Morning.

Please note that the budget for the current fiscal had deleted the adspace selling and advertisement from the negative list. So please let me know whether service tax registration is to be tkaen by such entities and collection is to be made from which date.

Thanks in advance.

Dear

Please inform whats the limit for the apply Tan No. company or others f.y 2014-15

is there any change in syllabus of tax for nov 2014 ipcc

If I pay rent to a farmer who is having 7/12 agreement then my rent expense will be taxable and rental income for him will be exempt as agricultural income and also I will deduct tds u/s 194C @ 10%
Is this treatment correct?

Also now we will maintain the land so the income generated from it will be exempt? like selling of ayurvedic plants,cashew nuts , rubber etc

What is the Difference between Board meeting and general meeting? When they conduct

Dear Experts,

I have a Client who has incorporated a company in 2007, but the company has not filed any other form or there was no other activity since then and there were no annual filings till date. Now the management want to regularize and file all the annual filings till date.

But when am trying to view signatory details of the company it is showing an error that the company is in default in filing DIN 3 or DIR 12.

Please advice if we have to file Form DIR 12 because there is no other form instead of DIN 3 and whether:

1. Do we need to get consent letter from director?
2. The company should also pass a resolution in the Board Meeting for filing the form.
3. if yes, whether both should be attached to Form DIR 12?

Please consider and advise.

Thanks in advance.

Regards,
Soumya