Dear Sirs/Madam

A Person was appointed as an additional director in Company X in 2008, he was not regularized in that year ensuing AGM and till date he has not been regularized.

But such additional director has signed in all statements of Company post 2008.

What is the effect as of now under the Act and what is to be done !!! Kindly advise.

PLS. GIDE LINE TDS DEDUCTION ON COMMISSION & BROKERAGE AS
EXMP.

COMMISSION - 100.00
ST @ 12.36% - 12.36
GROSS -112.36

ON WHICH AMOUNT TDS LIABLE

Future & Option Business is not a speculative business, its a normal business as per Sec 43(8). Also the criteria for audit is different , it is covered in Audit if the Profit & Loss taken in absolute exceeds the 44AB Limit. But how is the presentation in the ITR is to be done. Whether the Total Sales Less Purchases is to be shown in ITR or in some other way it is to be done. For Eg. Total Purchases is suppose 1.20 CR & Purchases is 1.18 CR then the Loss is 2 Lacs. I Suppose in ITR we have to show Total Sales as 1.18 Less Purchases 1.20 Loss 2 Lacs Loss

if an Indian citizen working in Dubai and he getting salary there, on that salary will apply any tax?

if current year net profit become loss, it will b/f to next year or not?

I dont understand this equation Capital=Asset-Liabilites Liabilities=Asset-Capital .Please help me to understand this...

Sir

I am a b.com (Hons.) 2012 and CA qualified 2014 want to persue any master degree course, or post graduate degree etc. can u suggest me whether m.com is better or mba or any other course. the university from where i can do.

my future plan is to do job for maximum 5 years and then might be i will start practicing CA.

please suggest.

Our Client has given Bank Guarantee to EPCG of Rs 5.55 lakh for import of machinery. BG is valid for 10 years. Our client has capitalised BG charges in the cost of Plant and Machinery.

What will be the correct Accounting treatment?

If a person is working in an organisation not on roll, and his TDS is deducted under section 194 J. Then whether his income is taxable under PGBP or other sources? Can any one guide me?

in how day ATC certificate is getting to student after application made?