Basavaraj I Hebbal
18 April 2017 at 16:34

Tds on rent

I have a case study for discussion. ABC company has taken premises on rent from XYZ landlord. ABC company initially was using the second floor only, the rent was Rs.14000 pm only. Now ABC company expanding its business and took the part of the third floor for Rs.7000 pm rent. Landlord requested to have lease agreement with his wife name for third floor portion.

Please help, how ABC company should proceed?


M.G CHARY

Dear sir please suggest me
the date on which director appointed be treated as attended for that meeting
what is the effective date for the purpose of counting attendance to particular director


R Chadha
18 April 2017 at 14:32

Long term capital gains

1. For an apartment bought from a builder with payment in instalments, when does the apartment become a capital asset. I have been told it becomes one from the date of issue of the allotment letter by the builder, and the period for it to become a long term capital asset is calculated from this date.
Is this correct?

2. If so, how is the indexed cost calculated? The instalments are paid over a long period of time.
Please advise in detail
Thank you
R Chadha


arpit
18 April 2017 at 14:27

audit & auditors

i want to ask that section-139(1) says that that auditor appointment is ratify by members in gm every year but what if not ratified then he continue or not...


Gurwinder Singh
18 April 2017 at 14:25

Taxable allowances

I am working in a manufacturing private limited co.
our company has 2 salesmen
we proved conveyance charges to salesmen to visit shops, dealer, retailers to supply our products

my question is
conveyance charges is exempted or taxable
amount of conveyance charges is 9500 to 10000 per month

kindly help me



Anonymous
18 April 2017 at 13:03

Income tax return filing

Sir,

Can i file Income Tax return for the financial Year 2014-15 now?
Please reply fast


bhavya

Dear All,

As Per Sec-186(1) Without prejudice to the provisions contained in this Act, a company shall unless otherwise prescribed, make investment through not more than two layers of investment companies. Whether it means Company can invest through only two Investment subsidiaries ?? Or it means investment in subsidiary AND Subsidiary of subsidiary ??

Regards,
Bhavya Shah


S.Abdulmazeed

Hello Everyone.
Can a private limited company hold its first annual general beyond the 9 months from the end of the first financial year?
If yes, What are the consequences need to be fulfilled by the company.


ADITI

dear all,
my query - there is a private company having a paid-up share capital of rs. 1,96,820/- ,it has 6 shareholders but since incorporation it has not issued any share certificate to any shareholder and now we are making it share certificates , the problem i am facing is what certificate number should i give to share certificate ?
is certificate number has some fixed pattern??
please help me out


Raghavendra Prabhu
18 April 2017 at 12:26

Non resident

One of our client left to USA on 15th march 2017,so on what basis should I determine their residential status for the purpose of Section 195? Should I use the criteria under FEMA or Income Tax Act ?






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