Hello All,

I am going to convert sole propritorship to Pvt. Ltd. Co.,Please answer the following questions :
1. Will Excise, VAT, CST, Service Tax and PAN registration number will remain same same sole proprietor or new registration need to be taken?
2. It has been researched that on transfer of asset from proprietorship concern to Pvt. Ltd. Company, if some conditions under I.T. Act are satisfied then it shall not attract Tax. Is it correct? If no, then please clarify.
3. It has been researched that pvt. ltd. company which is going to form newly has to mention in its object clause "to takeover sole proprietorship concern". Is it correct? If no, then please clarify.

Any other additional information is invited.

i want 2 pursue mcom. so hw 2 register & wen is the form out & the last dt of taking& submission of forms.

KINDLY PROVIDE DETAIL POINT WISE INFORMATION ON :-

1) CASH CREDIT LIMIT SANCTION AND DRAWING POWER IS FOR WHAT DURATION?

2) IS THE CC LIMIT IS GIVEN PER DAY BASIS, I.E., AMOUNT OF DRAWING POWER CAN BE USED ON FOR THE SINGLE DAY OR FOR THE MONTH.

3) HOW WORKING CAPITAL TERM LOAN IS DIFFERENT FROM CASH CREDIT IN USAGE SENSE.

4) IS THE CHEQUE BOOK IS ISSUED BY BANK IN CASE OF WORKING CAPITAL TERM LOAN A/C.

dear experts,

when i want to take a copy a file from my mobile memory card through a card reader the following message comes:
"Can't copy .......Access is denied. Make sure disk is not full or write protecte and that the file is not currently in use"

please help me to solve the above problem as i have to format the chip before taking back up

How to get registration under Professional Tax

DEAR SIR,

I WANT JOURNAL ENTRY FOR CONTRACT WORK BILL AND SUB-CONTRACTWORK BILL ( WITH ALL DEDUCTIONS LIKE VAT, MOBILIZATION ADVANCE TDS CESS...ETC) IT MEANS WHAT IS THE EXACT JOURNAL ENTRY FOR RUNNING ACCOUNT BILL FROM GOVT. IF V GIVE SUB CONTRACT WHAT IS THE ENTRY. I MEAN TO BE RECIVABLE & TO BE PAYABLE.

While trying to withdraw my PF for 5 yrs (2005-2010) I got information that my previous company didn't remit PF for two months in 2007, therefore my PF cannot be processed. The complicated part is that till 2008 it was Company-A (real name concealed) and then onwards it was taken over by Company-B. As of recent update, they (Co. B) are checking with Bank authorities but there is no progress. I am in middle of nowhere and can't afford to lose the substantial amount. Please help me with a way ahead. I am ready to forfeit non-remitted months PF if that can and is a option to conclude the subject. I want to know, eventually, whose liability it would be to settle this matter, Company-A who didn't remit in 2007, or Company-B who took over Company-A in 2008. Any help/advise highly appreciated.

Regards.

An Entertainment company is planning to organise a one day night concert in siliguri in which the entertainers will be filmstars and singers from bollywood and Kolkata. Is entertainment tax applicable on such concerts. If yes, then what is the legal procedure to lower tax burden?

I was asking that can a person who is working can do CA without leaving his job for the articleship and what is this audit training?

Hi I would like to know what is the TDS rate for royalty income earned by a US Citizen from india.
..is there any ceiling...like if Royalty income is less than a prescribed limit, then no tds..anything like that ? Also, the US Citizen (the recepient of income) should file the income tax return ? can he get a PAN in india ?


Please help