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profit prior incorporation


News

Shri Praful Patel Asks His Ministry to take Up the Issue of Filling of Obc Vacancies in Central Public Sector Enterprises on Priority Basis


Shri Praful Patel Minister of Heavy Industries Public Enterprises has asked his Ministrys Department of Public Enterprises DPE to look into the issue of including a parameter in the MoU mechanism wher

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Power of ROCs to obtain declaration/ affidavits from subscribers/first directors at the time of incorporation


Power of ROCs to obtain declaration affidavits from subscribers first directors at the time of incorporation

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Government urges all tax Payers to Disclose their True income and pay Appropriate taxes within the Current Financial Year


A Compliance Management Cell has been set up to Ensure Follow up Action and Track Return Filing and Tax Payment of the Target Segment 70 000 Letters are being sent in 2 Batches to High Priority Cases

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ICAI warns CA students who are pursuing additional course


As you are aware the Council of the Institute under Regulation 65 of the Chartered Accountants Regulations 1988 has permitted Articled Assistants to pursue attend with prior permission to be obtained

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Indirect Tax Amendments as per Finance Act, 2012 ( For June 2013 and December 2013 term of Examination)


INDIRECT TAX LAWSAMENDMENT MADE BY FINANCE ACT 2012 Applicable for June 2013 and December 2013 Examinations Page 1 A EXCISE AMENDMENTS IN THE CENTRAL EXCISE ACT 1944 1 Incorporation of definition of i

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Discussion

Treatment of pre-incorporation expenses and revenue

Sir What is the accounting treatment for pre incorporation revenue earned and pre incorporation expenses incurred

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Prior period items

Hello Caclubindia the issue is in the P Y 12 13 the client had reconciled his fixed assets block stating that the assets were no longer existing physically but can be seen in the gross block pertainin

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Profit u/s 349

Dear All Can somebody clarify 1 whether calculation of profit U s 349 of Companies act and whether the actual remuneration is within the limit need to be verified by the Auditor 2 Secondly whether the

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Question - Profit sharing ratio

A B and C are partner in ratio 3 2 1 D is admitted in the firm for the 1 6th share in profits C would retain his original share The new profit sharing ratio between A B C D will be How to calculate th

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Prior period expenses if purhases booked on grn basis

Purchases are booked on basis of GRN goods receipt note and not on invoice date basis If an purchase Invoice for eg is of F Y 2012 13 and goods has been received in F Y 2013 14 then the purchases will

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File Download

  • ROC Fee and Stamp Duty calculator for Gujarat

    ROC fee Calculator on incorporation made easy

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  • Accounting Standard - 5 Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies

    NET PROFIT OR LOSS FOR THE PERIOD PRIOR PERIOD ITEM CHANGES IN ACCOUNTING POLICIES

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  • Affidavit for incorporation & change of objects

    Internal circular issued by MCA on 8 5 2013 regarding affidavit to be taken at the time of incorporation of a company or change of its objects for compliance of Sec 58A

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  • Procedure for Incorporation of Liaison office in India

    Procedure for Incorporation of Liaison office in India

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  • Check List for Incorporation of Company

    It is for the Incorporation of Private or Public Company Use full

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Experts Opinions

Profit on sale of rural agricultural land


Sale of agricultural land by a private limited company is exempted from tax as per the definition given u s 2 14 iii of the Income Tax Act 1961 But is it exempt from MAT also or not u s 115JB please g

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Acceptance / ratification of pre-incorporation contracts


I would like to have the above proper reply about incorporating the clause related to the above in the Articles of Association of a Private Limited Company Further is it sufficient to only pass the Bo

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Prior period expenses - allowability


Dear Friends Kindly Suggest whether Prior Period Expenses are allowed in Income Tax or Not I have gone through various Judgments on the said matter and found it complicated and need help of experts Fu

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Not for profit


in not for profit org sums we prepare subscription a c what type of account is that

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Incorporation of comapny


Can we incorporate a private limited company with the object of generation of power through solary energy

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Articles

Procedure of Private Limited Company Incorporation


PROCEDURE OF INCORPORATION OF A PRIVATE LIMITED COMPANY IN A SIMPLE WAY IN LAYMAN LANGUAGE Most of the times a no of Businessmen who want to incorporate the company instead of taking the initial help


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One profit level indicator of a comparable


HC Tribunal was wrong in holding that if one profit level indicator of a comparable Whether in view of the first proviso to section 92C 2 of the Income tax Act 1961 the Tribunal was correct in holding


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Composition Scheme for on-going works contract prior and post 1st July, 2012


style2 text align justify style3 text decoration none We are sharing with you FAQ on Works Contract Composition scheme w e f 1st July 2012 and analysis of an important recent judgment of the Honble Su


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Disallowance of Expenses in Computation of Profit and Gains


Disallowance of Expenses in Computation of Profit and Gains of Business or Profession Part I Section 40 a of Income Tax Act 1961 Purpose Disallowance of expenses for computing income u s 28 of Income


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Procedures for incorporation of Company


The best way to start a business is to incorporate Private limited company because it has many advantages like limited liability of members and directors separate legal entity easy compliance etc A co


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Updated on : 6/18/2013 5:44:59 PM


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