Dear All,

Our group of friends want to start a company whose primary businesses would be

- Purchase & Sale of Property
- Development of Property & Sale

We plan to have 50 shareholders who would contribute 50,000 each half yearly for 5 years. Thus taking the company to 2.5 Crore's.

1) Managing Director would either get 10% sweat equity or 10% of Net Profit every year. What is better ??

2) How we should place its authorized capital as ? , should it be 2.5 Cr from the start itself (it would be costly :) )? or we can start with some other amount ? and keep increasing ??. how to consider future expansions if we subscribe all the authorized capital ??

3) should we charge some premium in share allotment to shareholder's ??

Any other suggestions are also most welcome around the same.

Regards

Our Company "A" renders service to Company "B".

Company "B" renders services to Naval Ship.


Service Tax is not applicable on services rendered Company B.

Is service tax applicable on services rendered by company "A".

The company is logistics company. It has work at different locations for transportation. If Company gives money to Employees for hiring Transporters transfers through NEFT and Employee hires Transporters i.e. Truck in pays in cash.Cash is over 50000,100000 or as the case may be..At the time of payment , staff advance is debited and when bills are received expenses are booked.Now my question company is not paying cash directly to transporters.transporters. Everytime new truck is hired

Please confirm will the amount be disallowed.

sir i registered date for articles is 28 april when i will get final attempt

Hi, We received a notice from TDS centralized processing cell stating to pay Rs.23800 u/s.234E for late filing of TDS quarterly return. I want to know whether we want to pay this amount compulsorily, whether any exception is there from paying this or any reply format is there for this notice. Is there any consequence in future for non payment of this amount.

Hi,

I am a B-Tech graduate in Mechanical Engineering working in IT industry now.I want to know if I can appear for Customs Broker/CHA license as an individual.Also need to know if there are any coaching centers in Bangalore for this license exam as well as any books available with latest syllabus.

There is a C&F family business which I am intending to take over in next 2 years, so want to know how bright is the opportunity for Customs Broker/CHA.

Please let me know.

Thanks,
Vinod

WE HAVE RECEIVED LOWER RATE TDS CERTIFICATE FOR 1 PARTY FOR CERTAIN LIMIT.

THE ABOVE LIMIT IS EXCEEDED IN NOVEMBER MONTH THOUGH WE HAVE DEDUCTED TDS @ LOWER RATE INSTEAD OF FULL RATE. NOW THE SAME COMES TO OUR QUERY.

NOW WHAT TO DO?

- IF WE DEDUCT TDS LATE ON ABOVE THEN WHAT IS THE WHOLE PROCEDURE? WHETHER WE HAVE TO BOOK DIFFERENTIAL TDS IN NOVEMBER OR JANUARY?

- CAN WE DEDUCT TDS @ FULL RATE ON ABOVE AND PAY THE SAME WITH LATE DEPOSIT INTEREST AND REVISED THE TDS RETURN.

We bought a computer software of Rs. 200000/-, purchaser charged VAT on their sale bill.Please tell me, TDS deducted on their bill.

Dear Expert

can a director appoint someone to attend board meeting ? if yes please mention section.

categories of merchant bankers