Ashish Ranpara
06 March 2008 at 19:24

Long Term Capital Gain

Dear Sir,

Can a person transfer it's Property not fully but part of property after a long time about to 35 to 40 years is liable to capital gain ?

if there is a four partner of property than How will capital gain calculated?

is there any provision for regarding exemption of such capital gain?

The Property is in the nature of Office Building

pls. give me advise and my emil id is aranpara_ca@yahoo.co.in

Hope your reply

Thanks


JITENDRA
06 March 2008 at 19:07

ALTERATION OF OBJECT CLAUSE

The object clause of a Private company is required to be changed. Please suggest me the process required to be followed for the MCA21 compliance and other requirement. What the relevent section to look for in the companies act.


Accounts
06 March 2008 at 19:06

TDS on salary

Can anybody suggest me the procedure of deducting TDS on Salary

Is HRA or investment in LIC are the part of computation of TDS on salary

kindly give me your valuable suggestion as soon as possible,
thank you


MEGHNA S VARIA
06 March 2008 at 18:38

Chargability of Education Cess

On additional and Anti-dumping duty, higher education cess@1% will be charged? if yes then under which provisions of customs?


MEGHNA S VARIA
06 March 2008 at 18:36

Meaning of Disentinent Member

Who are said to be dissentinent member ?


MEGHNA S VARIA

When merger of two companies comes to effect in between of the year then is it required to call AGM and appoint auditor in the metting.
Please Reply me urgently.


CA Praveen Chopra

is service tax payable on tyre retreading services


Shruti Jain
06 March 2008 at 16:10

banking issue

Is there any minimum limit for issuing Cheque? Can i issue a Cheque Worth Rs 2/-?


CA supriyo saha

Suppose EPS of A and B are Rs 2 and Rs 3 respectively. A wants to acquire B. Swap ratio-.5:1(1 sh of A for every 2 sh of B)
So wht. will be the equivalent EPS of B after merger. sh.cap. of A and B is 20000 and 30000 respectively.

I have solved in the foll. way.

shareholder of B earns rs3 for 1 share
so they will be earning Rs 6 for 2 shares.

therefore their equivalent EPS will be 6 in the post-merger .

One book has solved this in the foll. way.
Earings of A-40000 and B-90000
shares issued by A-15000.
total no. of shares of merged entity-35000
EPS of merged entity-130000/35000=3.7143
So equivalent EPS of B-3.7143X.5=1.8572
Now pl. tell me which approach is correct.


Sindhu
06 March 2008 at 15:48

CAR LEASE

Dear Sir,

In this case the lease payments are made towards the car under operating lease scheme
The steps followed for the same by the company are:
1. Request for the car placed by the employee.
2. The authorized person approves for the same and the car is taken from Sundaram Finance on Operating Lease.
3. The amount paid towards the same is deducted from the concerned employees’ CTC
4. Treatment of the same transactions in the company:

As operating expenses for the company.
The company is paying FBT on the same.

However the same is nowhere reflected in the salary of the employee.

Doubts:

Since the amount is deducted from the CTC shouldn’t it form a part of salary???

If so the TDS liability on salary of this amount would come into picture.

Please clarify if FBT is applicable or TDS?????






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