What is the tax treatment of expenses incurred on issue of Fresh Shares by way of IPO , Righ Issue , QIP , ESOP & Private Placement

What is the tax treatment on expenses incurred for increase in authrise share capital

Suppose Composition Dealer ka Aggrement 100000.00 ka Hai

Sale 100000.00
TDS 2.266% - 2266.00 Claimed in I.Tax
VAT 1.50% - 1500.00 Shown in VAT Return
Labour Cess - 2000.00 Kis Ledger ma Jayga

Balane Recd. 94234.00

Trading Ma Jab Sale Ke Entry Book Karte Hai Tab VAT (Under Duties & Taxes Group) Ki Liabilities Khade Kar Deta Hai and Isko Input VAT ka against adjuste karne ka bad Balance Ko Deposite Kar Deta hai.

Is Case VAT Ka Treatment Kya Hoga, Kyoki Sale Ke Entry Ka Time Par VAT to Khada Nahi Hua, Balki Jo VAT Bana tha vah to Kat kar payment Mile Hai.

Also Labour Cess Ko Kis Ledger Head Mai Entry Karange.

VAT Ka jo Certificate Melage Uska Kya Benifit Lenga.

WHETHER FOOD COUPONS GIVEN BY THE EMPLOYER IS TAXABLE IN THE HANDS OF EMPLOYEE IF EMPLOYER IS NOT LIABLE TO FBT AFTER ABOLITION OF FBT?

IF NOT UPTO HOW MUCH LIMIT IT IS NON-TAXABLE? RS. 50 PER MEAL OR MORE THAN THAT.

IF IT IS EMEMPTED UPTO RS. 50 PER MEAL, THEN FOR HOW MUCH MEAL PER DAY IT IS EXEMPTED?

In a software products company, the company is raising an invoice for the sale of software licence. Normally it would charge VAT on the sale. However, the relevant authorities are insisting that they charge and pay service tax on the same as well.

Hence currently, the company is raising an invoice with the value of the licence osale, Service Tax of 10.3% on the licence value plus VAT of 4% on the licence value, which constitutes the total invoice value.

Is this the practice to be adopted? If not, can anyone quote relevant sections/ rules/case laws on the right method?

A company is amalgamated with another co. "Appointed date" as per High Court's order is 1/4/2008. For the purpose of facilitating amalgamation the transferor company was made fully owned subsidiary of the transferee company on 10/5/2008. The "effective date" of amalgamation and date of passing order is 26/08/2008. Does that constitute that the transferor co became subsidiary of transferee co before amalgamation?

Hello Sir,
Employee Name: Kevin
Company Name: Leadkarma
Example:
Kevin pay $400 to company for his health insurance payment. Which entry made in companies books.

Company received $400 from employee & $100 contribution added by company & pay $500 to Insurance Co. Which Entry I made in Companies book account.3

Plese provide your feedback for above on my mail id: rathodkamlesh2@ymail.com

Thanks
Kamlesh Rathod

If an individual have to file a nil return for the f.y 2006-07,will he has to pay first penalty by challan 281 in the bank and afterthen he can file the return or not ?

If I have already file a return of f.y 2007-08,will I can fill the return of f.y 2006-07 or not ?

Pls guide me

Thanks in advance

What are the provisions contained under Sec.43B for the purpose of tax audit. How to comply with it??? please suggest.

If there is a company established in SEZ then the income of company is exempt u/s 10AA. Then if the Co. distributes the dividend to the shareholders then will the Co. pay the Corporate Dividend Distribution Tax? Provide me the notification or circular regarding the same.