1) Why are Pre-acquisition profits considered as Capital Receipts ?
2) Are Bonus/ Right Shares entitled to receive dividends ?
3) Are Preference Shares included in Fixed Income bearing securities ?
Mine is Proprietorship firm getting service of security supply from Proprietorship firm,will reverse tax mechanism apply here,service provider is enjoying exempt status?
ashok thakker
My friend taken a education loan for his son in may 2005 rs.1.5 lacs he was start is repayment in 2005 and paying the interest rs.50000 up to 2011-12 and in the current year 2012-13 in may 12 paid the full & final amount of loan. he was not claim the interest u/s 80E my question is can he claim the hole interest amount in from 2005 to 2012, in the current year ie 2012-13.
If tax payable before deducting TDS deducted is 20000 & after TDS is
2000 is advance tax & sec 234B & C applicabl
e.
In Receipts and payments account it is to be shown And in b/s the unspent amount is deducted whether it is correct or not and o/s electricty charges are to be shown in b/s liablity it is clear .
ex: Electricty : 12000
unspent Elec: 6386
o/s Elec: 9000
this was the problem and how to treat unspent electricty.
A company is paying telephone, lodging bills of its employees.whether CENVAT credit can be claimed by that company for the service tax charged on that bill?
Hi, my company is having authorised capital of Rs 20L as per MOM but as per roc records its Rs 5L. How do i get it rectified. Moreover the annual statements (BS and other documents) attached with roc forms also shows autho. capital as Rs 5L as this data was taken from roc website. This came to my notice when i was going through MOM for altering it for filing Form 5 to increase capital from 5L to 10L. Wat do i do? my co. already has 20L as autho. captial as per MOM bt as per ROC its 5L. i need to raise share capital??
please help
Sir,
XYZ FIRM STARTED BUSINESS FROM 01.04.2011.
BUT SALARIES CLAUSE WAS MISSED IN THE DEED.
NOW IN MARCH 2013 THEY WANT A DEED/MODIFICATION/CHANGES FOR SALAREIS WEF 01.04.2011. WHETHER IT IS POSSIBLE SIR.
Sir,
x pays interest to y . y was went to usa
2 years back. x is audit case. since 4 years. x pays interest to y Rs.25000/-. y is ready to give 15G .
is he eligible to give 15G OR NOT, BECAUSE HE IS NRI. OTHER WISE X SHOULD DO TDS
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
Investment accounts (as 13)