Q.5 The following figures of Ram Ltd are presented as under:
EBIT
Rs. 23,00,000
Less: Debenture Interest @ 8%
Rs. 80,000
Long Term Loan Interest @ 11%
Rs. 2,20,000
PBT
Rs. 20,00,000
Less: Income Tax
Rs. 10,00,000
PAT
Rs. 10,00,000
EPS
Rs. 2
MPS
Rs. 20
PE
10
The Company has undistributed reserves and surplus of Rs. 20 Lakhs. It is in need of Rs. 30 Lakhs
to payoff debentures and modernize its plants. It seeks your advice on the following alternative modes
of raising finance.
Alternative 1: Raising entire amount as term loan from banks at 12 percent
Alternative 2: Raising part funds by issue of 1,00,000 shares of Rs. 20 each and the rest by term loan
at 12%
The company expects to improve its Rate of Return by 2% as a result of modernization, but PE is
likely to go down to 8, if entire amount is raised as Term Loan.
Advise the company on the Financial Plan to be selected.

wrongly I added invoice in cash billing instead of B2B billing, now can I amend same on the name of BUSINESS invoice (gst)?
please advise with process
regards
Vikas

Dear Experts
My query are -1. Tax audit limit for a partner ship firm, the source of income of the firm is commision on sale of vegatable & fruits on consignment sale.
2. Any TDS liablity on freight paid on the behalf of consginer
3. Cash payment limit to consigner and transpoter against consignment sale of vegatable and fruits.

thanks to all experts for reply.

Sir, My relative is a government employee and got salary Rs 2865716 in 2022-23 and deposited Rs 180000 in his GPF account. Now my question is that can he avail the employer contribution (Employer's PF share (12% of Basic+DA) ) or not in both regime

Dear experts is income tax exemption applicable if SEZ unit relocate from One SEZ to anthoer SEZ or should we get new SEZ certificate from the relocated SEZ ( i.e Visakhapatnam)

Hello Everyone.

Please resolve my query in case of Bill to Ship to in GST:

If we billed to A in Maharashtra and Shipped to B in Maharashtra. What GSTIN will we mentioned in Shipping detail i.e. GSTIN of A or B in Tax Invoice, E-Invoice etc. We mentioned shipping party GSTIN if available to us which provided by Billing customer otherwise Billing customer GSTIN if not available of shipping party GSTIN. Is it correct?

2. Is it mandatory to mentioned GSTIN in shipping detail?

Thanks

Filing tax for the first time as NRI , is there a guide to file income taxes ?

This is for FY 2021-22 No income.
The only reason I want to file is TDS deducted on my FDs by bank.

I know I am late , and have read that there may be late panelty. Since I dont have any income in India due to being out of country, could I still file my taxes without paying late fee?

Thanks in advance.

Hello

I am new CA finalist... I need a introduction to the subjects and coaching for relevant subjects
Please provide guidance

I have applied for GST registration; the GST officer raised a query that rent agreement shall be registered with sub registrar. But to register that the cost is high so I don't want to do that. Now I want to apply for a new registration with address proof as a consent letter. Can I apply now since my one application is pending? Because I want GSTIN on urgent basis & to reject an earlier application dept. will take a time of week & I don't want to wait till that time.

I CANT FIND 20A IN FORMS SECTION, ANYONE CAN HELP?