There is a company which has announced a scheme of arrangement.
As per the scheme each share of Rs.10/- will get reduced to 1 share of Rs.2/- and then 5 shares of Rs.2/- each will be consolidated to 1 share of Rs.10/-
Suppose an investor has 100 shares of Rs.10/-.The shares will first get reduced into 100 shares of Rs.2/- each and then they will be consolidated into 20 shares of Rs.10 each.At this stage there will be no capital gains tax liability.
How to compute the capital gains when a part of the newly converted 2 0shares are sold ? What should be the Cost of Acquisition ?
dear all,
sir i am sanjay just now have completed my C.A course which starts on 2001.now i have my b.com degree & c.a certificate,please tell me how should i must start from here.rite now i hav an offer from HCL(NOIDA) with a yearly package of 4,80,000 + perks on my performance i m joining from jan.7.but i hav heard that while in practicing you can earn more.but how will i make my team,office & most importantly my clients
please help me out because i want to do my practise,i m ready to work 24*7,but how cud i get my clients.plez reply my query soon.
Hi,
If an employee travels for official purpose and if he receives Daily Allowance for the no of days he travels and the same is not taxable in his salary, whether such DA is liable for FBT under Travel @ 5%..??
We are a STPI UNit and not registered with service tax, as it not applicable. Can we get excemption of paying service tax to all our services received like, internet, mobile, telephone etc.
1. We are not charging service tax to our customers as it is export business only.
2. We do charge service tax, as it is domestic sales.
Kindly clarify.
Tamizh
HI
THIS IS ANUPAM. I HAVE COMPLETED MY POSTAL COACHING. CAN I APPEAR IN THE BOTH GROUPS OF PE ii EXAMS HELAD ON MAY 2008 .
FURTHER CAN ANY BODY TELL ME WHTHER I CAN SWITCH TO PCC WITHOUT GIVING THE EXAMS OF CPT
THX & REGARDS
ANUPAM
our is a charitable istitute trst we are given some properties to various parties total rent recevied is in excess of rs.120000/- from singal party, whether trust and charitable institution are exempted to deduct tds or not pl. give me notification and case laws.our total income exempted from income tax.
we are servise provided to our customer as
a cable operator.We are paying subscrption to various channles from 2004.they are charged service tax seperately whether we are taken cenvat credit(service tax credit)on our input srvice pl.reply
DEAR ALL
PL. CONFIRM ME ABOUT FEE/CHARGES ABOUT INCORPORATION OF COMPANY,AND WHAT ARE THE PROCEDURE FOR YHE SAME.
THANKS,
H.ARORA
Hi
One of my client is in the business of Supply of manpower for construction of building. His receipts for F.Y.2006-07 was Rs.25 Lacs. Even during this year F.Y.2007-08 his receipts already exceeded Rs.8 Lacs. Now he want to apply for ST regn.
Can anybody guide me on this issue.
From which date he should apply for ST regn? What will be the interest & penalty?
What should he do if some of his clients will not pay ST portion?
Is there any wayout?
Thanks
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