How Many Section(Companies Act 2013) Applicable to Ipcc Nov 2014
Exam

Does a minor who is having taxable income from his skills and have no parents liable to have P.A.No (permanent account number) ?

Hi All,

I am looking to set up a company outside India. Please let me know what is the better route for making such investment i.e. under




1) Liberalised Remittance Scheme (LRS) by Resident Individual (max limit of USD 125,000/- p.a.)




OR




2) Overseas Direct Investment (ODI) by Indian Company (max limit of 400% of Net worth)




Please guide me what is the better route of making the investment for setting up of JV outside India.




Also from tax point of view, what is better, keeping in mind the repatriation of funds back in India.




Thanks in advance.

Dear All,

This is regarding reversal of "service tax payable" already paid.

Kindly advise/provide solution on keeping service tax provisions in mind:

Question: Service tax in case of finance company: Company is loan NBFC, it has levied service tax on front end fees on accrual basis and accordingly provided service tax payable in its books in the month of march2014 and payment of service tax was also made.
Later on, it was discovered that Service tax on the above front end fee was not to be received, and hence front end fee accounted as income in the FY2013-14 has to be reversed due to non receipt of front end fees and accordingly service tax already paid has to be taken as input credit.

My Question is how finance company should avail service tax input credit on service tax paid in view of service tax provision.
please provide accounting entry for reversal of "front end fee income", "service tax paid". Please also provide relevant section, clause of Finance Act 1994.

Thank you in advance.

Sir, My question is after incorporation of company are we required to e-file the Memorandum and Articles of the company on MCA's site? If Yes wats the procedure?

SIR, IN THE YEAR OF 2013-14,EVERY MONTH WE HAVE FILED VAT RETURNS.BY OVERSIGHT MARCH'2013 PURCHASES ( WHICH IS FY 2012-13 ) SHOWN IN APRIL 2013( WHICH IS FY 2013-14 ). NOW OUR VAT AUDIT GOING ON. BY MISTAKE THIS IS HAPPEND.WE HAVE FINDOUT THIS MISTAKE NOW ONLY..HOW IT WILL BE RESOLVED. TO VAT AUDITORS,WHAT TO BE ANSWERED...PLEASE HELP ME OUT...FROM THIS PROBLEM..

Name d process by which joint stock company is registered??

my client have received a note from income tax authorities. the problem was that the assessee has filed he own return and had committed a mistake of considering AY as FY.
in the relevant year the assessee has purchased a house property and has income from bank saving, the source of which is husband income which can be clearly traced from the bank statement. can ignorance of law can be considered for the above case, as returned file doesnot show revelant year income

I would be grateful if somebody replies to my query. I wanted to know in the RPU Software of the "Form Section" (Form 24Q) if we are filing returns pertaining to Quarter 3,4 FY 12-13 i.e Oct 31st, 2012 to March 31st 2013, do we have to fill in as Q3,Q4 2013 or Q4 2012. I have actually filled as "Q3,Q4 2013" and filed with the department.but I don't see the statement being processed at TRACES when I login. It says "No data available for the specified search criteria".

I am unable to understand if this is a mistake from my end or the Department.

Would be really grateful if someone could solve this query of mine.

Regards

Whether appointment of MD for a private company is required to be approved by General Meeting as provided under section 196 of the Companies Act 2013?