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

what is compulsory or voluntary in sales tax (vat)


what is compulsory or voluntary in sales tax vat please fully example

Section 56(2)(vii) (c) - transfer of shares


Is there any methodology for arriving at valuation guidelines in case of transfer of shares between 2 resident individuals of a company which is closely held and unlisted Please note that the company in question has immovable property office shown as investment property and bank balance there is no

is it compulsory to file GAR -7 when there is no any services provided for the period.


there is no any services provided by provider in the quarter ended dec 16 is it compulsory to file nil GAR 7 Challan

Acquisition of 100% shares of pvt. ltd. co.by foreign co.


Following are the facts 1 Foreign co wants to acquire 100 shares of Indian Pvt ltd Co 2 Indian Pvt Ltd Co is having huge brought forward losses My question is whether foreign co can carry forward and set off business losses of Indian Pvt Ltd Co Also how valuation of shares is to be done and what pro

Is digital signature compulsory for gst enrolment?


I am an iron and steel proprietor and have submitted my gst registration without digital signature I have successfully downloaded emsigner but unable to validate the digital signature on the gst portal since it shown failed to establish connection to the server did a lot of exercise with the guideli

Discussion

Treatment of proposed preference dividend in consolidation

After introduction of Revised AS 4 can someone please tell what will be the treatment of proposed PREFERENCE Dividend while solving the sum on Consoldation

Sec premium on preference shares

how shall the premium collected on issue of P S be treated for the purpose of valuation of equity shares of company will it be included in total liablity or not

Redemption of preference shares

For redemption of preference shares we convert the partly paid up shares as fully paid up for e g if a share has a face value of 10rs and paid up amt is rs8 during redemption we call the balance 2rsn make the shares fully paid up and then redeem it what is the logic behind this Why to call the balan

It notice for issuing shares at face value

One of the Private Company issued shares at Par FV Rs 10 in year 2013 Now IT authority saying it cannot issues shares at Rs 10 without valuation or Rs 10 is less than actual book value is this point valid How should Company counter this Claim

Taxation on sale of shares having holding period of more than 36 months

Dear All I need advice regarding the taxation of transfer of shares of an unlisted company which have been held by domestic company for more than 36months At what rate does the company need to pay the tax 10 or 20 on the capital gain amount

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Voting Rights of Preference Shareholders


Generally voting rights are available only to the equity shareholders of the company Preference shareholders do not enjoy normal voting rights like equity shareholders The basis for not allowing the preference shareholders to vote is that the preference shareholder is in a relatively secure position


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


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Updated on : 1/15/2017 10:06:12 AM


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