Hello,
One of our client is a Pvt LTd Company and with authorized capital of 30Lakhs and subscribed capital of 20Lakhs, consisting of 20,000 share of 100 each, the major share holders of the company sold their shares (around 19000 shares) for a premium of 900Rs, to another person, My quiery is as both the parties involved including the pvt ltd company is our client, i neeed to know how to account the shares purchased in books of purchaser? and will the seller would be liable to capital gains? and also how to reflect these transaction in the books of company as the company has only the land & building in its book and doest not have any business started yet.
regards
impairment of assets
what is impairment of assets?
when there is depreciation, ammortisation then impairment of assets is required?
what is the difference between amortization, depreciation and impairment of assets??
ammortisation
what is ammortization? how it is treated as per the principle? what all come under this?
Interest free unsecured loan
Can a partnership firm take interest free unsecured loan from an individual / private party. What is its treatment in books of accounts and for tax purpose??
Please clarify
taxes allowed
What are the taxes that are allowed as an expense in income tax!
Mining Expense
Q1In mininig industry what are the expense that are not allowed..out of folloi1ng
1.Mining Royalty expense
2TCS on mining royalty
3.Tax and registration facility
4.Intt on royalty
bare act
generally wat type of questions they ask for bare act
need study meterial
i need a Charted Account study meterial. so if anyone has the meterial,,, please send me the below mail.;
putha.subbareddy89@gmail.com
-Regards
SubbaReddy
- TDS DEDUCTED ON PAN OF DECEASED FOR INCOME EARNED POST DEATH
- Confused regarding applicability of books of accounts and audit
- Taxation under the head Salaries
- Payment of Stamp Duty and registartion of documents
- Disclosure in DPT-3
- ENUM VALUE
- TDS on property 26QB Difference between Amount paid/credited currently(B) and Stamp Duty Value
- RECEIPT OF TRAINING FEES FROM FOREIGN STUDENT
- ITR 3 TO ITR 4
- Payment of Professional Tax to Chennai Corporation
- 26QB - 2 buyers & 2 sellers
- Loan to Foreign Holding Company by its Indian Subsidary
- Format of Balance Sheet and Profit & loss Account of proprietorship business
- STCG on equity shares/ETF-24.06.2025
- Reversal of Custom duty as per para 6.08 FTP 2023 for DTA sales done by EOU unit
- Taxation on gains from Gold&Silver ETF
- GST Reverse charge Accounting
- NOTICE DRC01 FOR F.Y. 2018/2019 BY ENFORCEMENT DEPARTMENT DRC01 FOR PENALTY(122)(1)(iii)
- Rodtep Script generate
- Last 3 years GSTR 4 not filed compulsary
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
Accounting of Shares Transfered