what is the tax impact of a foreign company on which transaction tax is paid in that country is sold by a resident indian?

would it qualify for claiming exemption u/s 10(38) if securities transaction tax is paid by such assessee in a foreign country?

hi Friend -whetehr securities transaction tax & Service tax & Stamp duty paid on sale or pur. of shares are allowed as an expense. plz help me

Can a private company issue shares at a premium? Is there any justification required?

How to select a stock? Which are the stock valuation methods?How to interpret the results

My parents have shares in Share Certificate Forms(Paper). We want to sell them off, how can we sell those shares? What are the charges that can be attracted against sale of shares?

Hi Sir,
I wanted to Know about the Following

Say i have taken the loan of RS 1 Lakh from my father & i have invested that amount in Share market.
I have earned short term capital gain of RS 10 thousand.
I am paying him the interest RS 10 thousand(at 10% interest).
My salary is 1.5 Lakh.
So i wanted to know that am i required to pay any tax on the short term capital gain(as i m paying RS 10 thousand as interest) or i get tax exemption.
Is the short term gain & the interest that is paid on the loan adjustable?

Thanks & Regards
Rajesh Somani

Some shares have been jointly held by husband and wife.Hudband dies.Can wife held those shares on her single name? What is the procedure for this? Is she requied to change her Demat A/c or can she continue with the old one? I the lady transfers the shares to her daughter, is daughter liable to Caital gain tax?

Dear Sir,
My Name is Meet.I'm working in Private Limited company.So,Sir I wants to know how to maintain F&O Accounting in Tally.I Do each and every transaction entered or only Profit & Loss Transaction.

Hi

I need a clarification on the valuation of Minority interest & deferred taxes. My question is for the equity valuation purpose do we treat these two items as liability or assets. My confusion is because of the following:

Deferred taxes: As it arises because of the timing difference and on going concern basis I normally see in balance sheet that this item never gets reversed completely. Which means that though this is a tax liability it does not falls due and hence this cash is available to use in business.

Minority Interest: simply the other firms equity in the business, income is shared as like other shareholder, no interest is paid on this, so should be treated as equity.

Any thoughts or idea will help

thanks and regards

ajay

I have some shares in the name of a minor in a private limited company.Now the minor has attained majority.what is the procedure to change the status to a major from minor.

Will simply writing a letter to the Company serve the purpose?

Plz reply.......it's urgent