Sudheer

Sir,

I am resident of Krishna Nagar Near Adarsh Nagar, Jalandhar City, Punjab- 144002.

I have to submit form 15G to Sahara India Pariwar. So i want to know that what will be the Area Code, AO type, Range Code, and Range No. for the above address. please reply soon

Thanks


Jignesh Desai

A person has the following shares of a Company :-

(1)36 shares @ 249.51 Total Cost - 8982.36
(2)200 shares @ 660.97 Total Cost - 132194.00
(3)708 Bonus Shares Total Cost - 0

TOTAL 944 Shares

All these shares were of face Value Rs.10.

However, recently , the Company did Capital Reduction & reduced Face Value of every Share to Rs. 5. As a result , the person received Rs.5 x 944 shares = Rs. 4,720 from the Company .

What would be the correct way (According to the Indian Income Tax Rules ) to account for this Rs. 4,720 in books of Investor ?



Anonymous
11 June 2014 at 16:09

Bank name at point no-3 in form 15cb

sir our client has account in state bank of India. SBI will transfer in Indian Currency to Bank of Tokyo and Bank of Tokyo will make payment in foreign exchange to the receipent, which bank name should be enter in form 15CB either SBI or Bank of Tokyo as remitter bank



Anonymous
11 June 2014 at 16:09

Mutual funds sip

how can we taxable income from mutual funds specially SIP (systematic Investment Plan ) . for ex. Rs 5000 invested per month for 5 years starts from 1.10.2012 and we sold on 31.3.2014( Months 18 ) i.e 18 * 5000 = 90000 and we received Rs 120000 then how much we have to pay tax for F.Y 2013-2014. ( period from 1.10.2012 to 31.3.2013 ) will be long term and rest will be short term.

Its really urgent and it will be great if anyone can reply me



Anonymous

my brother has become new lic agent and he has got only 22000/- commission, and approx 2200 tds deducted, he has no income from any other source or business or profession, so which itr he has to file, itr2 or itr4

Read more at: https://www.caclubindia.com/forum/which-itr-to-file-294357.asp#.U5gxanKSxO5


umesh kumar sinha

Dear Sir,

This is to ask that we incorporated under Companies Act 1956. Now we wish to increase authorised capital.altered MOA for authorised capital should be attached original under Companies Act 1956 or under companies act 2013.

We are not altering Main objects.

Please clarify.



Anonymous
11 June 2014 at 15:46

Cenvat credit on rent paid

If a company receives rent bill related to FY 10-11 on 31/5/2014 so which rate is applicable for service tax?

If vendor not paid service tax in FY 10-11 because he is not aware about the service tax matter, and not billed to company and he is asking for service tax payment in FY14-15, and if company makes a payment of service tax now which is related to FY 10-11 so Can company takes service tax cenvat credit in FY14-15?

Above vendor paid service tax under VCES Scheme of Service tax. If company paid the same to vendor, Can company claim the input services against service tax payable?

if Yes please specify any case law or reference of section of cenvat credit rules.






Anonymous
11 June 2014 at 15:45

Applicability of vat & service tax

Co-op Hsg Society has undertaken repairs for one of its buildings? Would works contract and service tax be applicable for such transactions? Also would WCT & Service Tax be applicable to Coop Hsg Socities and under which regulation?


Hardik R Shah
11 June 2014 at 15:39

Clubbing of income

Dear,


Their is provision that when spouse received remuneration from the concern which the both are substantial interest .


then income is clubbed which ever is income is higher .

2. minor income clubbed in the income of parents whose total income is greater.

Then how to solve this query when both the situation arises.


Kapil Kumawat
11 June 2014 at 15:38

194 c or 194 i

anyone tell me that if a company contract with a hotel for room and room rent is decided on contract basis, can room rent attract tds provision, if yes in which section 194C or 194 I





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