We all are aware of the term ‘as defined in section 7 of Act,
What does the term ‘person’ includes in that section, only individual or other persons also.


What are the provisions of companies act which applicable to a director is also applicable to deemed director.

Hi All,

Three years back i invested some money on Mutual fund as tax saving fund,

Now,i have sold that mutual fund on muturity,will the income and amount which i had invested in mutual fund is taxable or not,

Also the divident from the Mutual fund is taxable or not?

Thanks in advance to all of u

Parth

can any one tell me the names of the entities who provided industrial traning to ca students of p.c.c. cleared

We want to pay US $ 8000 to our subsidiary company. then what is procedure for tax/tds?

My query is regarding application of TDS u/s 194A on Interest on SB. Interest if it exceeds Rs. 10000/-. Is the TDS on interest applicable only in case where a depositor has TDR and composite interest exceeds Rs. 10000/- or it is also applicable in respect of SB. int. only if it solely increases the threshold limit.

IS IT POSSIBLE FOR A MANUFACTURER TO TAKE CENVAT CREDIT AGAINST FOLLOWING CASES ::

(1) When manufacturer purchased excise paid goods from traders against their commercial invoices (only local vat paid) ?

(2) When manufacturer purchased excise paid goods from any Co’s local branch office against their branch commercial invoices (only local vat paid) ?

IF NOT POSSIBLE , THEN HOW WE CAN GET CENVAT CREDIT FROM ABOVE CASES ?

For any Transporters, if they provide the PAN number, the TDS on contract payments is NIl.
Pls to clarify what is limit and also without deducting TDS should be reported by deductor with PAN details to the i.t. in the prescribed format (What is format for this situation ?)

minor has earned income exceeding the basic exempotion limit as per income tax act from his own skills.since he is a minor, he won't allot PAN Card.What is the procedure to file Income tax return without getting PAN card????????????????? Please give me answer this question??????????????

if salary is more than 50000, one becomes a specified employee.. what is that salary for 50000. & what should be included in it

Proviso to Section 2(15) says that carrying on any activity in the nature of trade, commerce or business shall not be a charitable purpose.

But section 11(4) says that "property held under trust" can even be a business undertaking provided that it must be incidental to the attainment of the objectives of trust as per sec.11(4A)

So, what is the implication of amenmendment in Section 2(15)?

Also, whether any change made in the auditors report Form 10B in connection with new proviso?