HI ALL,

In my Company one of our directors relative is paid Rs.1,45,000 Per month on a regular basis for a contact entered with the company as consultancy fees . Will section 314 gets atracted and should we pass a special resolution and get central governments approval.

Pls clarify

if an individual earns an income of Rs. 25 lacs from sale of his/her kidney. what would be the tax implication? Will such income fall under the tax net.?

My knowledge says it is a personal moveable property and therefore not taxable. It will go untaxed .However, income from other sources is an area open to tax such a transaction. Would like to have expert view on this.

Regards,

Roshan Tiwari

One of Our client is running business is running business of "PAN SHOP". now as he might not have any accounts maintained, How should i go for Income Tax Return in the case. sales might be around 9.00 to 10.00 lac and this would be his first return.

In articles of Association of the company it is specifically mentioned that section 171 to 186 are not applicable for the company.

So for EOGM can i give shorter notice than 21 days.


Please solve my query.

thanks in advance


urgent

If a company buys Raw Paper for Packing material from a supplier .Supplier charges excise duty from company but company does not take delivery directly from supplier ,company give instruction to suuplier to send raw paper to a jobbworker who make boxes from raw paper and after the processing ,he send boxes to company.
so my query is that when the comapny is authorise to take cenvat credit.

Dear sir/Madam

agar kisi ki gross receipts 50,00,000 hoo to audit hogi but uske expenses hame kese show karenge or jis par 500000 tds deducted huva hai to muje kses uski return filled karni chaye tell me.

Sir,
As per new amendments,if the company is owning the premises,what all attachments will be required to file form 18.also will we need a certification of the change in address from a professional.

Pls Tell Me,
Section 44AD Applicable in case of partnership firm or not.

if partnership firm only have interest income and share of profit accrued from other partnership firm in which firm is partner.

and no expenses as such.
so normal profit is comin very much and if i go with 44AD, only 8% i have to take.
pls suggest ?

sir / madam

i am priyank from bhopal i got a articleship in mumbai. for the purpose of registration as a article assistant i have purchased form no. 102 & 103 from the institute. i have filled form no. 103 and submitted to the institute office at colaba in mumbai BUT the identity card which comes along with form was not submitted at that time as it was in my employer office. institute has accepted my form without that identity card. Next day when i visited to institute office they said that your form has dispatched now we can not give a rubber stamp of institute on identity card ? sir /madam please help me out what i have to do now..? is my registration possible ?


THANKS & REGARDS..

If service provider (Man power service) not registered in service tax

Querry 1.
whether service receiver is liable to pay service tax under reverse charge.

Querry 2.
If service receiver pay then 75% or 100% under reverse charge.

Plz suggest on urgent basis.