Company Incorporated under companies Act, 1956 in 2011 and having no entered any business transaction since incorporation and no remuneration paid to director and No employ work.

Can required enrolled under The Maharashtra state tax on Profession, Trade, Calling and Employment Act, 1975 ?

can holding co give interest free loan to its
subsidiaries or associates or JV????

i applied for cenvat refund u/r 5 of cenvat credit rules. asst. comm. reject my cenvat refund claim. can i reverse my RG part II debit entry which i made at time of apply of refund????

Respected Expert,


Can a company deny its liability as principle employer for contribution of PF & ESI by mentioning in contract entered into with the Contractor that company shall not be liable for any taxes, contribution etc.?


Please be kind enough to resolve my query.

Thanking you in advance

salary received outside india is taxable or not under which section

Dear Sir,

In case of Chartered Accountants firm, the firm follows Cash system of accounting as it is allowed by the law. Hence normally with respect to the tax audits, the firm raises the bills in October (which is within the Service tax Rules ie 14 days from the completion of service).
However, the organizations whose audit is done, they book the bill in March itself and deduct TDS as per provisions of Sec 194J of Income Tax Act.
My query is in which year shall the CA firm take credit of such TDS deducted? Is it to be taken in the year in which bill is raised or as per 26AS which will show TDS credit in respect of bills which are not even raised by the firm yet?
Kindly explain.

Thanks.

what is preliminary expenses and how we posted in aseets side?

Dear sir,

How to incorporate a foreign company, Is a company with a foreign director and a indian director said to be a foreign company.

Thanking you sir.

Best regards

Dear Sir/Madam,
Did Section 44 AB applies, When a Private limited company suffer loss during the year and having a turnover of Rs.6 lakhs

Hi All,

We have a case of a paid assistant who left our partnership firm (she was not a partner, joined as audit manager). Now my doubt is whether the partnership firm firm