In a financial organization the EPS has been caclculated as
Net profit available to equity shareholders/No. of ordinary shares outstanding

An organization X ltd. is also having Debentures and Preference Shares besides ordinary equity in its Capital Structure

The organization is calculating EPS by taking into account EBIT as earnings available to equity shareholders instead of(PAT - Preference Dividend). this makes there EPS goes high as well as the market price per share and the value of the firm.

But in actual they are paying [PAT - Preference dividend(1 + CDT) - Retained Earnings] to equity holders.

is this procedure correct???

please also tell me what could be the intention of that organization in doing so???

Please tell me what is the difference between tacit contract and implied contract. Please give me some examples of these contracts.Thanks in advance.

Hii....am attempting PCC exams this June , with regard to tax i am prepared in it according to AY2008-09...so i want amendments in tax for AY2009-10....can u please suggest where can i get it.....

Plz help me....I would be very thankful to u....

Dear Sir,

I want to know does service tax on rent of commercial property is withdrawn or not . If so from which date.

Thanks.

u/s 194c the liablity of tds arises if any payment exceeds Rs.20000/- or cummulative credit or payment exceeds Rs.50000/-. my question is if a single payment exceeds Rs. 20000/-say Rs.25000/- but total payment during a F/Y does not exneeds Rs.50000/- say Rs.45000/- whether TDS has to be deducted on Rs 45000/- or only on that payment that exceeds Rs.20000/- ie on Rs.25000/-

pls reply

sppouse we install machinery on 31 march than we able to charge one day dep. on that on that machinery

Dear Sir,

I want to know is it compulsory to pay TDS online as our account is in citi bank and there is no facility for e paymnet of taxes from citi bank. Every month we used to pay cheque in favour of Andhra bank Income Tax Account. Can we pay from Andhra Bank now also.

Thanks

Hello Frnds

My question is if a person(Salaried Employee) has not submitted his return of income for the AY 2007-08 & 2008-09 as no income tax is due but his employer has deducted the TDS on the same........ may be bcox he hadnt submitted docs as proof for eligible deductions.

So now can he submit his returns and whether he is liable to penalty or not

Company A is registered under centralised registration at Ahmedabad. It has two branches at other two places viz. Mehsana(B) & Anand(C). It has centralised accounting system. Whether the branches are required to be registered as input services distributor if services are received at branches or company can take credit of input services directly. If Company can take credit directly then whether billing of input service is required to be addressed at H.O i.e Ahmedabad.

Thanks in advance.

Asit Patel

A Perosn is receiving Rs 216000 each from 2 company in which he is a director and one company is showing as remuneration and the other is showing as salary

What do the person has to show in his personal file