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.
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) ?
please urgently tell me whether wealth tax return can be revised and what would be penalty OR interest if any.
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.
What is depreciation rate on printer please answer this question
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.
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
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.
Can LTCG from property be set off against share futures loss. What are the ways to set off LTCG from property.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
Meaning of "Principal Business"