Easy Office
LCI Learning


Avika, ACS
11 July 2009 at 12:56

Meaning of "Principal Business"

what is the meaning of the term "Principal Business" of a Company under the Companies Act, 1956.

Kindly provide a reference where I can find the definition.


Vijay Kr. Mishra
11 July 2009 at 12:54

How can I show it in my ITR ?

My Purchase Value of Land is Rs. 10,67,910/- and Gold Ornaments is Rs. 1,35,200/- which will be take place in my Balance sheet in Assessment Year 2009-2010, But How can I Show it in my ITR (in which place of ITR) ?


vipin
11 July 2009 at 12:40

revised wealth tax return

please urgently tell me whether wealth tax return can be revised and what would be penalty OR interest if any.


synergy
11 July 2009 at 12:34

service tax in put

A company registered under service tax doing clearing & forwarding services to their principal.
The services are :
Receiving, maintaining and dispatching the stocks which are received under consignment basis, to distributors.
They are also acting as All India distributor for the same products. i.e buying the stocks from the principal on outright purchase and selling the same adding their margin. The company have engaged statewise CFAs as their sub contractors to serve them.

The Company is getting some amount of commission against their CFA & services and colleting service tax on the commission.
The Company is paying commission to their sub contractors for the Consignment sales as well as their own stocks sold.
Kindly clarify whether the company can take input of entire service tax charged by their CFAs or only the tax part on Consignment sales commission. But, the product and service involved are same and the principal also same.


firoza
11 July 2009 at 12:30

depreciation

What is depreciation rate on printer please answer this question


CA Gaurav Goyal
11 July 2009 at 12:29

Rule 6DD

Can a person make payment of more than Rs. 20,000/- in cash for expenses made on different days with amount not exceeding Rs. 20,000/- but totalling to more than Rs. 20,000/- and the payment is made in total on a single day.


Sunil Kumar

Hello Experts,

I want to know that the Income from Rental/Lease of Car (Motor Vehicle) falls under which head??

Thanx n Regards,
Sunil Kumar


Saurabh Jindal

Hi Experts!

Plz tell me whether a public limited company can take a SECURED or UNSECURED LOAN from an INDIVIDUAL( e.g.- Mr. X)

Plz tell me the Appropriate Section as per Companies Act

ITS URGENT.


b.s.gokul
11 July 2009 at 12:00

result

can any 1 tel d exact date of pcc june 09 result.


Piyush
11 July 2009 at 11:55

LTCG from property

Can LTCG from property be set off against share futures loss. What are the ways to set off LTCG from property.