Comments on: Are we friends?

By: Rashmi Ranjan Padhy

Rashmi Ranjan Padhy — Sat, 06 Dec 2008 07:47:19 +0000

@gurdeep…

r u sure you wanted to write this here???

Go get in touch with an IT lawyer.

By: Ashish

Ashish — Sat, 06 Dec 2008 03:52:23 +0000

Temporarily (was uploading the new theme).

By: Jeetu

Jeetu — Sat, 06 Dec 2008 03:38:50 +0000

I didnt see any widget or link. Was it taken off?

By: The New New Thing » The New New Thing meets Google Friend Connect

The New New Thing » The New New Thing meets Google Friend Connect — Fri, 05 Dec 2008 08:15:28 +0000

[...] yes, thanks to Ashish (pluggd.in) for the tip. Tags: Friend Connect, [...]

By: Gurdeep Singh

Gurdeep Singh — Fri, 05 Dec 2008 08:00:02 +0000

Hi Friends

Greetings!

My co. IT asst. in process for AY-06-07. We took an advance from our sister concern where directors are common and their shareholding is more than 20% in the company. The advance is against the Purchase Order for supply of material which is subsequently billed in the very next year. All the documents have been submitted with the assessing officer.

Now the problem is the assessing officer is treating this as a loan from the other company with the directors are common and putting deemed dividend tax under section 2(22)(e).

Need your help as this is purely a business advance and deemed dividend should not be applicable on this.

Do you have any case law against this, if so the same can presented as a support to this assessment.

Looking forward for your suggestions.

Regards
Gurdeep Singh

By: Mahesh

Mahesh — Fri, 05 Dec 2008 06:58:08 +0000

@Amit Aggarwal, it would be far cooler if blog includes IRC chat with channel name @pluggdin.

By: Amit Aggarwal

Amit Aggarwal — Fri, 05 Dec 2008 06:26:20 +0000

It would be super-cool if we can have a ‘chat’ app which can be integrated with Friend Connect…