can any one suggest me on whether can a company can issue shares of same class with different face values.

Dear Sir/Madam,

I need the clarification u/s 40(A) I can make the payment more Rs. 20,000.00 by cash to my suppliers against purchase of material for trading activity.

Please give me your precious opinion on this matter.

Kindly oblige and do the needful.

Thanking You.

Yours faithfully,
Ranganath.T

Payer is a Bank (Say, A Ltd). It is financing the Vehicles for variuos Dealers (Say, B lTd).The Dealer (B ltd) regularly gives free insurance to the customers who purchased vehicle from them through financing by A lTd. Dealer (B Ltd) raises invoice on Bank (A Ltd)for reimbursement of Insurance charges given to customers. Whether Bank (Altd) needs to pay FBT on this kind of payment under "sales promotion" head? And also whether TDS needs to be deducted on such payment? If yes then under which section? Please advise.

Payer is a Bank (Say, A Ltd). It is financing the Vehicles for variuos Dealers (Say, B lTd).The Dealer (B ltd) regularly gives free insurance to the customers who purchased vehicle from them through financing by A lTd. Dealer (B Ltd) raises invoice on Bank (A Ltd)for reimbursement of Insurance charges given to customers. Whether Bank (Altd) needs to pay FBT on this kind of payment under "sales promotion" head? And also whether TDS needs to be deducted on such payment? If yes then under which section? Please advise.

Dear All

A company wants to appoint a Non-CA as Internal Auditor. As per ICAI's guidelines, Schedule to Chartered Accountans Act, and Companies Act, 1956, is it possible for a company?

thanks

How to value Preference shares as per IFRS

while making provision for income tax, brought forward losses will be considered or not.

The Ld. AO wants to take the recourse of Section 50C of the ACT in case of sale of flat (Long term)?

Is it binding on the assessee?

Suggest the remedial measures.

Ours is a banking company. The bank receives commision on d clients it refers to the other finance company.
Does it have to pay service tax on its commision receipts?

IS COMPANY IS LEGALLY BOUND TO GET AUDIT THEIR ACCOUNTS UNDER SECTION 44AB