31stmarch 2010 31stMarch 2011
Equity 5,00,000 6,00,000
Share Capital
Additional inf:
Directors have proposed 15% Dividend for current year

In the above context:
Q1)On which balance dividend will be calculated and why?

I will be very much thankful to you.

Please explain sec 111A of capital gain

inadvertently we havenot deducted the service receiver share of service tax for5 mths and deducted and deposited the same in10mth. plz guide whether we suffer any penality.

Where an assessee has 2 businesses and turnover of each business is less than 1 crore rupees but the cumulative turnover of both businesses together exceeds 1 crore rupees, whether the assessee is luable to tax audit u/s 44AB? Or he can declare income u/s 44AD for each business??

Whether VAT Collected is a part of turnover for the purpose of Section 44AD and Section 44AB?
Suppose a Business Man has a turnover of Rs - 95,00,000/- and he have collected Rs 10,00,000/- as VAT. Whether the provisions of 44AB is applicable on him?

Again Suppose a Business Man has a turnover of Rs - 50,00,000/- and he have collected Rs 5,00,000/- as VAT. Whether he wll have to take his gross turnover as 50,00,000/- or 55,00,000/- for the purpose of Sec- 44AD?

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hi friends,

if 3 persons purchase land and enter into joint venture people for construction of flats.

now when the consideration received by the 3 persons from joint venture, it attracts short term capital gain, so what is the next treatment in the balance sheet of the individuals ? (i.e.. they have to pay tax @ 10% ) ??

pls reply... urgent..
thanks in advance....

A company (A) has equity and debentures invested in other private company (B) for more than 5 years,
B Company is about to get acquired by other company i.e company (A) is selling its equity and debentures invested in (B) to other company.
Now if a month before the sale, if company (B) gets listed in recognized stock exchange and all the formalities such as transaction of transfer is covered by STT are adhered with. what benefit company (A) will get in terms of taxability on capital gain on sale of shares and debentures

sir i am return file my income tax ,
i am return upto 3year back
A.Y. 2011-12, 2012-13, and 2013-14

Please suggestion me

sir can any one post a sample format of share certificate and a prospectus format as example

Hi,
I am a govt.servent.My Tds is deducted by office in which they wrongly entered my PAN no.I got the demand form IT office.
So, kindly advise me what to do & what is the procedure to rectify the PAN no in Form 16.