Bonus Shares ,
Split of shares,
Merger of shares,
De-merger of shares,
Right issue of shares,
Amalgamation of shares, and
Buy Back of shares
HOW TO DETERMINE PERIOD OF HOLDING
HOW TO DETERMINE COST OF ACQUISITION
please reply

how to calculate capital gain in the case sale of share after right issue of shares
what will be the date of acquisition and cost of acquisition and how to determine holding period of shares and also how to determine capital gain.

How to calculate capital gain in the case of sale of shares after merger merger or De-merger
what will be the date of acquisition and cost of acquisition in the case of merger or De-merger.

how to make treatment in accounts for advance paid and received in accounting and adjustment in accounting and also for tax purpose , income tax and GST.
Please reply.

Dear All,

Please note an Indian Company has made a consultancy payment - through service bill to a foreign company. While doing the payment, TDS was deducted @10%. Hope the Indian company must pay the TDS next month 7th and file the quarter return u/s 195.
Please confirm how the TDS amount can be claimed by the foreign company or the Indian Company? If no PAN is not there for foreign company how it can be filed?

The eligible company has obtained DPIIT certification and has completed the startup recognition norms. Are there any additional requirements we need to fulfill? Do we need to file any additional forms, such as Form 10BBC? Please elaborate on the compliance aspects to claim the 80IAC exemption for a block of 3 years out of the initial 10 years period. Also, highlight any peculiar aspects that need to be considered.

The matter is as below:

In an Charitable Organization, one fixed asset of Rs. 10 lacs is booked twice in FY 2021-2022. So one amount can be reversed in now as it was twice booked. Depreciation is charged on both amount from FY 2021-2022

Interest income generated from Foreign contribution (FCRA a/c) is treated as deemed foreign contribution. It is merely an income but not a voluntary contribution. if it is so, in which clause it should be reported in form 10B. No, specific clause found for me. Is it required to disclose such income in form 10B.

If a private limited Indian company had invested in 100% foreign subsidiary in Vietnam
This being the first transaction to acquire shares in foreign entity ODI was done

Query 1: whether transfer pricing will apply on this transaction where the equity shares are acquired at face value in foreign subsidiary? Or this be considered as capital transaction and is outside the preview of TP

Query 2: If TP is applicable then what would be the method of valuation used for comparison?

Query 3: Is form 3CD also mandatory to be filed if transfer pricing is applicable to an entity even if the turnover is below 10cr?

From:
CA Laxmi Mittal
Vapi
31-08-2024

Sir!
ITR-3, in Audit case , under Audit Information, Acknowledgement no. of the Audit Report is being asked apart from UDIN no. for A.Y. 2024-25
Which no is to be filled in under above column pl.

Laxmi Mittal