My query is that does a proprietor having service tax registration number have to apply for new service tax number if he starts a new proprietary concern in which same services are provided which were provided in the on going concern.
Or the above case just need ammendment in form ST2?

Hi friends I am new here so please bear with me, here is situation, I am going to invest in a pvt. ltd. company of my friend which was formed in 2010 but not doing any major business activity till date. It has 2 founding shareholders as directors. They are also going to do a fresh investment into it. We deciced to investment equal amount of money and My wife will be appointed as one of the 2 director of the company. (one present director will resign), Now my questions is: What is the more secure and better way for me to invest in it, as our accountant had suggested 2 options, one is buying the shares equal to the amount invested after calculating the per share value and second is that I can invest in it by giving a loan to director (my wife) at agreed rate of intrest and period thus without having any share in the company. I want to know which is the better and secure option for me, giving loan or buying equity, what the legalities involved. Do I need to look into MOA & AOA of the company for this. One thing more, me and my firend both are going to work together for the growth of company and also will exanpd in coming years.

Subject: Status of ITR for PAN xxxxxxxxxx AY 2012

Dear Taxpayer,
Ref:- E-filing Acknowledgement Number 1234567891234565544 date xx-xxx-12
The Income Tax Department- Centralized Processing Centre (ITD-CPC), Bangalore is not in a position to
proceed with the e-return filed by you, details of which are indicated above. The return is transferred to
Jurisdictional Assessing Officer (in AST) processing of which is to be done by the Jurisdictional Assessing
Officer who may be contacted for further clarifications if any. In order to know your current jurisdictional
Assessing Officer (AO) you may log on to https://incometaxindiaefiling.gov.in and click on "Know Jurisdiction"
under "SERVICES" menu.

If your return has already been processed then please ignore this communication.


Assistant Commissioner, Income Tax (CPC)

Our company is liable for paying service tax to Service Tax Department on Reverse Charge Basis under category of GTA. For Oct month, it created a liability by paying to the transporter but the service tax on it was not paid to the Department till 6.11.12 so now the service tax payable under RCM basis for Oct month is to be discharged along with Interest to Service Tax Department ?

1.I HV APPLIED FOR NAME APPROVAL OF A NEW CO.i.e SAY ABC LTD.IN FORM NO.1A and the same was approved by ROC office.But by mistake I have selected the class of co. as "PRIVATE" instead of "PUBLIC".Paid up capital mentioned as Rs.1 lac

2.same mistake was again done in form no.1 i.e. here again I have selected the class of co.as "PRIVATE" instaed of "PUBLIC".This time I have mentioned the paid up capital as Rs.5 Lac & accirdingly I have paid the ROCF fees on Rs.5 Lac i.e.Rs.17,200/- for formation of new LTD co.

3.Now I got the certificate of Incorporation where in it is shown that the company is PRIVATE LIMITED

whereas I want that the class of co be "PUBLIC" IN CERTIFICATE OF INCORPOIRATION INSTAED OF "PRIVATE".SO PLEASE HELP ME OUT SO THAT I WILL GET NEW CERTIFICATE OF INCORPORATION WITH THE CLASS OF CO.AS 'public"co.

my mistake:-
class of co. as private ltd.

ROC mistake:-

apporoved the name ABC LTD as private ltd.

Dear Sir/Madam,

Can you please let me know that why salary payable is not considered as trade payable and is shown in other current liability even though trade payable includes payments for utilization of goods and SERVICES?

i am registering DSC at MCA site. bt It Shows Error that "Digital Signature Varification failed or your CA is not trusted. and Please Ensure That your system Setting are as per MCA Guidelines." Please Suggest some solution for it...

n please ensure that if i was register DSC with WINDOWS-7 then i enable to register DSc.. bt i cant register DSC with Windows Xp.

Indian wholly owned subsidiary private limited company has borrowed loan from foreign holding company without permission of RBI or any authority..
1. Pls guide us what are the penalties for above such violation
2. Also guide us with the measures to prevent from such penalties after such violation if any.

WHETHER MAHARASHTRA VAT AUDIT IS APPLICABLE IN FOLLOWING CASE IF YES, WHY? & IF NO , WHY?: SALES ARE AS FOLLOWS
12.5% VAT- 200000/-
NET SALES(12.5%)- 1696000/-
2% CST- 52000/-
NET SALES(2%OMS)- 2600000/-
5%VAT- 75000/-
NET SALES(5%)- 1500000/-
LOCAL EXPENSES- 5000/-
LABOUR CHARGES - 890000/-
TOTAL RS. 7018000/-

A client of mine has filed Return electronically on 30/07/2012. He has also send a copy of acknowledgement to CPC Bangalore which is recd by CPC on 04/10/2012 (ie well within the prescribed limit of 120 days. However CPC shows the STATUS as Rejected with reason given, "Signature Missing". Now the client has not noticed this default and fails to re-send the signed ackn within 120 days. Hence acc to CPC this becomes an invalid return. What remedy is available to this client. Can he file the same return for the @nd time n send the ackn to CPC for the 2nd time??????