Dear All,

Please help me in solving this:

Say, we are a public ltd company in India having three subsidiaries in Sharjah, UK and Bangladesh.

If we make Sharjah subsidiary the holding company of UK & Bangladesh, in this case what should be the modus operandi as well as each and every angles say cost/benefit analysis etc. in which we should look in this matter.

Can anyone guide me on this?

Ragdards,

Kamalesh Veram
CA Final student

I have come across a situation where the director himself for the allotment of shares in his name paid cash Rs.5 Lacs (which includes Rs.200000/- for Securities Premium Amount) to the company, wherein he is a director. If the cash transaction is permissible, I need the relevant provisions like circular or notification indicating that an investment (includes Securities Premium
Amount) of any sum by way of cash does not have tax impact / liability from the Income Tax angle so far as the cash transaction. Once again, Thanks for your response.

Hi,

Who is the issuing authority of Cost of Inflation Index and broadly based on which criteria it is fixed?

i am salaried person. in FY 2008-09 i have stcl of 80000/- & shares specultaive profit of 7000/-. pls let me know the tax inplication on the same. What will be the rate of IT on speculative profit?

we received some bills like professional charges & security charges, party is charging service tax in the bill. so question is on which amount tds should be deducted (basic or gross including service tax)

Dear Experts,

May I know the fee and stamp duty to increse the Authorised Share Capital of a Private Limited Company?

Thanks.

Define the difference between FBT and income tax ?

Define the difference between FBT and Income tax ?

Dear All,

Please explain about MAT Credit Entitlement applicable to Software Compnaies, how does it get implemented and calculated?

URGENT!!!

Thanks in anticipation!!!

Regards,

Amit Deokule

tds deducted on remuneration paid to directors is under which section??