Sir ,
Can some advise in the following case
A Private Ltd company
Authorised capital 10 Lakhs
Paid up capital 8 Lakhs
Can the company receive share capital for More than Rs 2 lakhs ( difference between paid up and authorised capital )
Further can the share application money can be inculded while calculating networth of the company .
With regards
Sandeep
9868705794 ( M)
Sir ,
Can some advise in the following case
A Private Ltd company
Authorised capital 10 Lakhs
Paid up capital 8 Lakhs
Can the company receive share capital for More than Rs 2 lakhs ( difference between paid up and authorised capital )
Further can the share application money can be inculded while calculating networth of the company .
With regards
Sandeep
9868705794 ( M)
What is share capital money? What is the proceedure & documentation to receive share capital money from out of india?
Good morning,
I am a B.Com graduate and currently doing Audit and Taxation work.I get few project reports' work.But I don't know how to prepare project repot.So,can you guide me how to prepare project reports?
Thanking you sir.
Regards
Chanabasappa
If a subsidiary co. has made a loss and parent co. has capitalsed it, then whether it requires qualification in auditor's report? Please also give reference to support the answer.
Dear All..
For Yoga class fees(Class for employees) TDS applicable u/s.194J or 194C ?
Assessee: Individual
Occupation : Medical professional
Is it possible to Give Form 15 G to the Bank and claim Nil deduction of TDS if the assessee already has a other income from profession which is taxable.
Subsequently when the income is received it is offered for taxation at the normal rates for an individual. The problem arises due to non receipt of certificate from the bank on the due dates of payment of advance tax thus assessee end up paying a little more amount of tax.
Please cite a case law in which such certificate has been accepted by bank and taxmann agreed
Sir,
If I do not want to invest in any single share and not in any mutual fund.
I have heared about some nifty based investment i.e if nifty increases your investment increases and vice versa.
If there is anything like it pls expain to me.
Can anybody tell me that what is the difference among ER-1,ER-2,ER-5 and also write please applicablity circuler/rule for its limitation or please advice me the best book related rules which is helpful for excise accounting.
my Email:verma_moti@yahoo.co.in
"THANKS IN ADVANCE"
I received a Extraordinary income which is not chargeable to Tax, being a capital receipt. However since the same is passed through the P&L, MAT gets attracted.
Since the Extraordinary income was not anticipated or received and till December end I could not estimate my total income. And thus failed to pay my advance tax, and 234 get attracted.
I’m willing pay interest u/s 234 from Jan to March 08, but can I escape my interest liability u/s 234 for the first 6 months of interest computation.
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