I had been working with a US registered company initially in India and then in USA ,London and then again in India. The shares of this company are still UNLISTED. During the period of working with the company I was allotted 25000 shares periodically at 1c per share. Now after holding the shares for about 6 years, the company has offered for buyback at $5 per share.
Presently I am working for a different company registered in India.
In case of offering my entire holding against the buyback offer, what would be income tax implications for me. My present earnings as individual are more than 25 lacs per annum.
Hi friends, plz help me.
I am applying for Associate Membership no. of ICSI alongwith with this i want to apply for CP no. also but i don't know the fees i.e.DD amount.
So anybody can help me in regarding this, who had applied recently for CP no. Plz tell me the fees and document which i should submit for this.
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Dear Sir,
We are running microbrewery(Fresh beer Manufacturing) business in bangalore. manufacturing equipment (brewery) mostly should be imported from other countries as they are no good suppliers in india. Huge Import duty 30% is being levied. Is there any way we can avoid this and reduce capital cost?.
If we are eligible for EPCG.. what is the EO?.. we got import/export license. Mostly we wont be exporting anything as such.
Please advice.
Thank You
Dear sir,
My quires is Cst Setoff applicable or not
i am purchase of material out of Maharashtra
Net Amount Rs - 100000 /-
CST Amount Rs 2% 2000/-
Total OMS Rs - 102000/-
Same quieter i am sales of the material out of Maharashtra
Net Amount Rs - 50000 /-
CST Amount Rs 2% 1000/-
Total OMS Rs - 51000/-
in this case how many set off available
Plz sagest to me.
thank
Nanasaheb Jadhav
call no ;- 9423857701
APPOINTMENT OF DIRECTORS BY MEMBERS IN GENERAL MEETING
need explanation for sec.255 and 256
Dear All
Pls advice A company director purchase a car for company for personal and company charges Depreciation last 3 years and Director Decided a sale old motor and purchase new motor car on name of director
Pls advice what compliance income tax and capital gain applicable on motor car?
Regards
Praveen
Hi
MY Registration date of cpt is 11/08/2010. Am i eligible to appear in cpt exam for dec 2013
if not then what is the procedure for re validation?
Please sent the answer to my email id rakeshverma010383@gmail.com
I did not file income tax return for ass. year 2011-12
DEAR MEMBERS I HAVE A QUERY RELEVANT TO DEFERRED TAX ASSET CREATION.FOR CLOSING BOOKS OF ACCOUNTS FOR THE F.Y 2011-12, I HAVE PASSED AN ENTRY FOR DEFERRED TAX CONSIDERING THE SEC.43B DISALLOWANCES. HOWEVER, THE 43B DISALLOWANCES CONSIDERED FOR INCOME TAX RETURN VARIES WITH SEC.43B DISALLOWANCES CONSIDERED FOR INCOME TAX PROVISION CALCULATION AT TH YEAR END. HENCE, IS IT NECESSARY TO ADJUST THE DIFFERENCE TO THE EXTENT VARIED WITH THE TWO SITUATIONS ? IF YES, HOW IT SHOULD BE DONE.
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Buyback of shares by unlisted us company