If a private limited company has a authorized capital of 110000(11000@10), Paid up capital of 100000.It issues balance 10000 to the investor who wants to invest in the company.But the investor is ready to invest 10000000.
1) Can the company issue balance 10000(1000@10) capital to foreign investor and take rest of the money as security premium?
2)Is there any complication under income tax act which has to be followed?
3)Procedure under companies Act to be followed?

Hi,

My company is a Pvt Ltd company & issue right shares to existing share holders. Whether we have to file AIR for the same.

Thanks & regards
Aman

Can anybody tell me what is the difference between section regardin TDS on Rent 194I(A) and 194(B).

RECENTLY I FILED MY ITR 4 OF BUSINESS FOR F.Y.11-12.I HAVE QUERY-
1.WHICH DOCUMENTS SHOULD I SUBMIT TO BANGLORE CPC
2.IS IT NECCESARY THAT ITR SHOULD SIGN BY TAX CONSULTANT OR C.A...?..OR SELF ATTESTED IS ENOUGH OF ASSESSE.
3.AFTER SUBMITTION OF ITR TO BANGLORE WHAT IS THE NEXT PROCUDERE

Pvt ltd company is incorporated on 26-12-2008. it is not done any transaction even a single rupee till F.Y 2012-13. what is balance sheet and profit and loss account for 5years.plzz ans with clear bs & pl for every year

I have long term capital gain from sale of land.Please suggest me tax planning other than relief u/s 54

MY FRIEND GOT MESSAGE FROM INCOME TAX DEPARTMENT THAT REFUND HAS BEEN ISSUED BY CPC I ALSO CHECK ON NSDL SITE THAT REFUND HAS BEEN CREDITED IN ACCOUNT BY ECS ON 16TH DECEMBER 2013 BUT EVEN TODAY I.E. 24 DECEMBER I CHECKED HIS PASS BOOK REFUND IS NOT CREDITED IN HIS BANK ACCOUNT
PLEASE TELL WHEN CAN HE GET REFUND IN HIS ACCOUNT?

dear sir,
book value of laptop is rs 40000. now the laptop has been sold for the same price. wat will be the tax treatment in books & as per It act.

There is a land in name of a father. A housing loan is taken in the name of father and his son jointly to construct a house property on this land. Whole of the repayment of loan is made by the son and the construction bills are also in name of the son.
The loan is fully repaid and now son wants to show rent payment to father and claim deduction under sec 10(13A) i.e. house rent allowance. Can he do so?
Who owns the property in this case?

What is the basis for charging DDT/CDT on distribution of dividend by companies, since it is a mere distribution of profits which has already been taxed once?

Doesn't it result into taxing the same profit twice?