compulsory convertible preference shares

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Compulsory Switchover of all Old syllabus CS Professional Programme students to new syllabus


ATTENTION PROFESSIONAL PROGRAMME OLD SYLLABUS STUDENTS COMPULSORY SWITCHOVER OF ALL PROFESSIONAL PROGRAMME OLD SYLLABUS STUDENTS It is informed that June 2016 Session was the last examination for Professional Programme under Old Syllabus From December 2016 Session onwards all students under Professi

Declaration of Assets & Liabilities in the new ITR forms


Central Board of Direct Taxes CBDT have released new income tax return formswith mandatory provisions of declaring Assets Liabilities AL such as cars jewellery yacht aircrafts shares properties etc Prior to Assessment Year A Y 2015 16 the Asset Liability Schedule AL schedule was applicable to filers

Income arising from unlisted shares taxable under capital gains


Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi 5th May 2016 Subject Taxability of Income Loss arising from Transfer of Unlisted Shares reg CBDT vide order dated 2nd May 2016 has given direction to field formation with a view to avoid disputes Li

Enrolment with ICAI is compulsory to use CA as designation


As per the provisions of Section 24 of Chartered Accountants Act the designationChartered Accountantis only possible to be used by a member of the Institute of Chartered Accountants of India It has been observed that some of the final qualified students have not yet enrolled themselves as member of

Bombay HC rules in favour of Vodafone


The Petitioner Vodafone India Services Pvt Ltd is a wholly owned subsidiary of a non resident company Vodafone Tele Services India Holdings Limited the holding company In AY 2009 10 the Petitioner issued equity shares on a premium to its holding company for its telecommunication services in India wh

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Experts Opinions

Sale of unlisted shares


Hello everyone I have query regarding tax on sale of unlisted shares I had got 45 shares from pvt ltd company as a director and share holder without consideration in aug 2016 now want to sales out those shares to NRI person for around 70 Lacs What would be tax liability As I hold shares for short pe

Pas-3:-allotment of shares


Dear Experts We have filed PAS 3 by Straight Through Process STP as an attachment to form we gave 1 Extracts of EGM 2 Table A list of Allottes but the status for showing like this PENDING FOR UPLOAD OF INVESTOR WISE DETAILS We registered a Complaint they are saying Upload any standard excel and path

Compulsory closure of llp


Is there is any option for closing LLP without annual filing URGENT Kindly give your expert reply

Conversion of ccps to equity shares


Dear All Can anyone please guide me on the below mentioned query Our Company is a private limited company having Authorised Capital of Rs 10 000 000 out of which 30000000 are of Equity Rs 70000000 CCPS Paid up Equity 20000000 Paid up CCPS 40000000 Now Company wants to convert all CCPS to Equity but

Transfer of inherited shares to brother and sister


Dear Sirs My father was holding shares in DMat A c in which I was a second holder My father has expired I had submitted my fathers death certificate to the DP and the shares Dmat A c have been transferred in my name thru transmission process As these shared were of my father I want to divide transfe

Discussion

Preference shares

In case of non specified type share they are deemed to be which type of share Either cumulative or non cumulative

Legal for llp to buy shares

Can a registered LLP buy and sell shares of NSE BSE listed companies We have a small registered LLP company and we plan to start investing in listed shares Most if not all of our income will be coming from these invested stocks

Is digital signature compulsory for gst registration

Please confirm

Consumer forum help for compulsory resign from pvt company

sir my brother is working in a private limited company in pune yesterday the MD of company called him in cabin and asked him to sign resignation letter if my brother did not signed the letter MD told him that company will not give any payment to him so my brother has to sign the resignation letter a

Valuation of equity shares by discounted cash flow method

I am valuing a companys shares for the purpose of further issue of the shares to existing investors For the same I have following Queries 1 In Getting Cash flow do we have to reduce the amount of term loan repayment from Cash profit or we should deduct the outstanding loan from value of Firm Today 2

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Sale of shares by a person resident in India to a non resident through E-biz portal


Reserve Bank of India RBI has liberalized the provisions relating to foreign investment which comes into India Foreign investment comes into India in various forms and is required to be reported to RBI This articles deals with the Reporting of Transfer of Shares by a Person Resident in India to a No


Why CA Course is First Preference of Students & Opportunities for CAs


CA COURSE If you ask from a student who just passed class 12 about future plan then he will say that he want to do CA course despite knowing about the passing percentage ICAI was established in 1949 and in this past 67 years we have only 300000 CAs Approx whereas we have a population of 125 Crores o


Comprehensive understanding on issue of bonus shares


Bonus issue refers to a further issue of shares made by a company having share capital to its existing shareholders in proportion to their holdings without any consideration It is also called as capitalization of the reserves of the Company For example company X issues bonus shares in the ratio of 2


Allotment of shares to Foreign Investor (FDI)


A Time period for Issue of Certificate The capital instruments should be issued within 180 days from the date of receipt of the inward remittance received through normal banking channels including escrow account opened and maintained for the purpose or by debit to the NRE FCNR B account of the non r


PAN-IC! PAN compulsory on all Sales or Purchase of goods or services above Rs 2 Lac


Arjuna Fictional Character Krishna from 1st January 2016 onwards PAN is required to bequoted in sale or purchase transaction exceeding Rs 2 lakh Which is this hidden income tax provision Krishna Fictional Character Arjuna Income tax Department has mentioned in rules when a person is required to obta


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Updated on : 12/6/2016 5:47:16 PM


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