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Rohit Mishra
11 January 2008 at 14:43

issue ragarding capital reserve

if company wants to issue its forfeited equity shares than it may possible that all the amount forfeited transfered to capital reserve and after that from that amount it can issue bonus share as it was capital reserve !


Deepa
11 January 2008 at 14:26

taxability

Under Micro,small and medium enterprises Developement Act,2006, a supplier is entitled to interest in case of delayed payment irrespective of agreement between supplier and customer.Whether such interest can be considered to have accrued as income liable to tax under income tax act, 1961, although no such interest is claimed or allowed or expected to be claimed or allowed.


Dolly Jagad

Dear Sir,

Can you please explain me the procedure to increase the share capital of a private limited company in detail?


Dolly Jagad

Dear Sir

Can i know the procedure to transfer the shares of private limited company in detail? whether any stamp duty has to be paid if the shares transferred are unlisted in Bangalore stock exchange?


CA divine
11 January 2008 at 12:55

arrear paid in worng dedduction of tds

in case od 94 j (tds-otherthan salary)
Q-XYZ CO. ( GOVT. CO.) DED. A TDS AGAINST BILL AMOUNT (FROM PROFESSIONAL) IS 3500 NAD BILL DATED 01..06.07- THE PEC IS DED TDS ON THE RATES OF (5%+0%+3%)
IN MY POINT OF VIEW IS WRONG DED OF TDS
I FIND THE MISTAKE DATED 30.11.07

MY Q IS NOW WHAT CAN I(XYZ) DO


CA divine
11 January 2008 at 12:43

TDS ( OTHER THAN SALARY)

Q- IN CASE OF 194J - IF A ADVOCATE GIVE A BILL CONSISTING :1) OUR PROFESSIONAL CHARGES RS. 41250 AND :2)MISC. OUT OF POCKET EXPENSES ON ACCOUNT OF PHOTOCOPIES,FILLING, ETC. RS. 2500.
- MY Q IS IN WHICH AMOUNT TDS (194J) IS TO BE DEDUCTED
a)in whole amount
b)in 41250 only
plz ans with provision details


krishna
11 January 2008 at 12:38

Hiring charges

Generator hired from Andhra Pradash and invoice, insted of service tax they charge a VAT. If it is correct pl give one example. Paying Company is engaged in the Service sector.


Thanks with regards


Sindhu

WHEN SHOULD EXCESS PROVISION FOR INCOME TAX BE REVERSED???? IS THERE ANY TIME CONSTRAINT??? WHAT ARE THE REPURCUSSUINS OF NOT COMPLYING WITH THE SAME???


sameer
11 January 2008 at 10:39

Cenvat Credit on GTA

Dear sir\madam,

we are manufacturing of a lamination core which is used as raw material for the manufacturing of the Transformers.

Facts:
1)We sold material all over india and we paid the transport charges to the transporter.
2)the transport charges are not reimbursed by the party
3)Service tax on transport charges is paid by us

Query:
1) so please let me know whether we can get the cenvat credit of service tax paid on outward freight ?
2) we can transfer this credit to the ultimate consumer to whom it is a input service?
3)we have charged the serive tax as an expenses and non recoberable item?

please clarify the issue

Thanking you
sameer


santhosh

if we have a Head Office in the New delhi and the branch office in the karnataka.
what are the forms used to stock transfer from Head office to the Branch office and to pass the check post as per the sales tax rules in the new delhi

this is the inter state transactions?
plz guide me for this query?
i am in very urgent because our goods are hold in the check post in the karnataka mullabhagilu checkpost due to lakh of the forms






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