In accordance with assets which of the following option is beneficiary for private limited company

-To purchase assets directly on company's name or
-To purchase asset on director’s name and then director give it on lease to company.

Kindly answer with view of corporate law and Taxation.
Which option proves better at a time of amalgamation/ liquidation.

Dear all,
I am remitting an amount of Rs.300,000 to my sister in law in Ireland and quoting the reason as Gift. Is there any liability by me or her as per income tax act. or gift tax act? if so what is the amount?

Could anyone pls mail me MIS format

my id prasannacs_bhat@yahoo.co.in

Sir, I am unable to understand the way cross currency rates is calculated:

For E.g.,

Mumbai Market- Rs./$ Rs.34.05 - Rs.34.15
London Market- $/Pound $1.7250 - $1.7260
Italian Lira/Pound Lira 3.9575 - 3.9590

A customer has to buy Lira from Bank, hence what will be the relavant rate of Rs./ Lira?

Please advice?

iam looking a ca firm till nov 2007 but no ca want to admit me as a article so what can i do

WE ARE A LIMITED COMPANY AND RECEIVING DISPLAY INCOME FROM PARTIES. WE ARE REGISTERED FOR DISPLAY SERVICES UNDER SERVICE TAX ACT.
MY QUERY IS SUPPOSE WE RECEIVE DISPLAY INCOME OF rS. 50000 FROM PARTY AND WE HAVE TO DEPOSIT SERVICE TAX ON THIS DISPLAY INCOME . CAN WE CONSIDER THIS RECEIPT INCLUSIVE OF SERVICE TAX AND BOOK DISPLAY INCOME NET OF SERVICE TAX PAYABLE AND BOOK SERVICE TAX PAYABALE AS WELL . OR WE WE WILL HAVE TO DEPOSIT SERVICE TAX OVER AND ABOVE THIS 50000/-. PLEASE GIVE THE REFERENCE OF SOME BOOK OR GUIDANCE NOTE ON THE SAME IF ANY.

Whether it is mandatorily required to change auditor for PF's accounts and balance sheet in every two years.

Please answer its urgent.

Sir,

I want to know who to calculate the price of bonus share.

if i having 100 shares @ 70 Each if company issue bonus 2:1 what will be the price of that particular share after bonus?

My client is a private ltd. company who has given one of its office premises on rent. The company has its regd office in nariman point and the office premises let out are also in nariman point.

Can u tell me where form st-1 needs to be submitted and what enclosures are to be attached alongwith it for new number?

Dear Sir,


If we booked salary entry in our books on 20/10/08 then when will be paid TDS for salary?

or


If we booked salary entry in our books on 31/10/08 then when will be paid TDS for salary?

Thanks in advance

Regards
subhash