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compulsory convertible preference shares


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

Tax audit u/s 44ab compulsory ?

Dear Experts Please let me know the Tax Audit Procedure for Trust registered u s 12A and 80G Exemption certificate During the Year 2015 16 trust received only 79850 as donations and more than 85 expenses incurred My query is it Tax Audit is compulsory or not Please give your experts opinion in this

convertible debt for startups

hi pls let me know the regulations involved in raising convertible debt for startup firm companies

issue of shares at discount

Why is issue of shares at discount except sweat equity shares prohibited by the Indian Companies Act 2013 Is there any specific reason

issue of shares at discount

Why is issue of shares at discount except sweat equity shares prohibited by the Indian Companies Act 2013 Is there any specific reason

Bonus shares

What is the accounting entry of receiving bonus shares from a company


Splliting of shares

Dear All I have alloted 49000 shrs of 100 each to 2 applicant as follows Mr A 25000 Mr B 24000 On this i have also paid the stamp duty Done the franking on the same My Question is now i want to split the Share Certificates in this Case do i need to pass Board Resolution before the franking date or a

Income tax -shares loss

sir I am working as employee and doing trading on online for cash delivery as well as F O I had incurred loss in both segments Now for turnover purpose 1 for cash delivery i had details of total purchase value and total sale value how to compute turnover As per icici direct total purchase value Rs 9

Shares info

Dear Investor We wish to inform you that Government of India has made an announcement to sell upto 7 ofHindustan Copper Limited INE531E01026 through offer for sale OFS mechanism The key details in this context are given below Name of seller The President of India acting through and represented by th

loss in shares trading

Dear sir I have done a trading in equity and futures and suffered a loss of 330000 in equity and 550000 in futures my query is can I show a profit of 8 9 instead of loss in itr as i dont want to damage my capital I have deposited a cash amt of 976000 in my bank account and all my money was washed up

Stamp duty on transfer of shares

whether the stamp duty on transfer of shares c an be paid by affixing revenue stamp on instrument of transfer

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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 : 10/18/2016 2:38:12 PM


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