For issue of shares to Non resident, can the price calculated as per DCF (Discounted Cash Flow) be less than Face Value of the Share.

For example,
Face Value is of one share is Rs 10. Now the present value of the share is Rs 1.32. When we calculate the price at which shares are to be issued as per DCF method, the valuation comes to Rs 2.68. Will SEBI or RBI allows to issue shares to NR at DCF price which is much lower than the face value?

Respected sir,
my name is atanu banerjee,i am completed my IPCC Gp 1 exam. in first attempt and score 59%. i am completed my CFA also and have the good knowledge in company reserch,equity reserch,and credit reserch .
sir,should i get articleship in PWC?
PLEASE HELP ME.

can amy1 answer me in case of immovable property what tax planning can be done by service receiver under reverse charge mechanism to pay less service tax

Kindly tell me that Form 23 is required to be filed for every resolution passed by a company ?

Dear Sirs & Friends,

I want to file online IT Return for my Co-Op Hsg Society, but for the same i have register the pan no. of the society, while registering the PAN No. IT asks me about the Surname and Mothers maiden name, fro where should i bring this, please help me to register the same, please give me some idea as to how i should register the PAN in Directorate Income Tax Site and file Online return.

Thanks to all

Recently ICAI has introduced a lateral entry system wherein IPCC students who has passed their graduation but has not cleared Group I can convert into direct entry system and stat articleship.

The Institute has not issued any clarification for the IPCC Student who has valid/ unexpired exemption obtained in any paper of the IPCC for carried forward under the new lateral system for the remaining unexpired chances of exemption.

Such exemption is allowed to PCC student and was clarified in Point 22 under FAQ on direct entry issued on 24th August 2012 by ICAI. However FAQ is silent on the IPCC students.

I have taken up matter with ICAI on the extending same to the IPCC students who has exemption in any paper for the remaining unexpired chances. However, ICAI has not issued any clarification. Request all the IPCC students having exemption in any papers to take up with ICAI for getting exemption extended for the remaining unexpired chances for their benefit.

Hi

Presently i am working as account officer know i want to do change my profile in MIS. so it is good for future.

Hi I use to work as a credit analyst in a credit rating agency(ICRA) for one and half year I, but for personal reasons I had to resign last year. I want to join the same again but meanwhile I want to do some courses or certification in the same FIELD.

PLASE GUIDE ME ON THAT.

Dear Sir,
I have a query regarding the levy of Service Tax on some services.
Suppose there is a Packer & Movers Company and provide the relocation services to its clients.
It has to shift the client's household items to Singapore. Now after packing & loading the goods on the port,
goods are sent to Singapore port and there it take the services of agent to move the goods from Singapore port to its final destination, i.e. at client home situated in Singapore.
For this services provided by agent to it, agent raises bill on it and company do payment.
Now my query is this, whether this payment made by company to its foreign agent is exempt from Service Tax under reverse charge mechanism???
As there is a Notification No-8/2011 of ST which exempt this services from the levy of ST.
Kindly solve my query and obliged.

We have to pay service tax for FY2008-09.
How we have to calculate interest?
It is to be calculated @18% i.e. present rate from 2008-09 till date or rate of interest applicable for respective years?

please guide whether to apply present interest rate 18% or different interest rates for different years?