What is the value of a call option on maturity? When the call option owner is said to be at break-even? Can the value of call option be negative?

How would you analyze the financial position of company from the point of
View of (a) an investor, (b) a creditor, and (c) a financial executive of the
Company?

IS RAILWAY FREIGHT PAID IS EXEMPTED FROM TDS paid to concor

Actually the Section 60 of Gujarat VAT Act requires Tax invoice to be raised for sale to VAT dealers. For Inter State sale we need to raise a separate series of invoice. For unregistered dealers we need to raise retail invoice. Unfortunately the section 60 of the Gujarat VAT prescribes heavy penalty for non compliance.
I personally feel these provisions do not any way plug the loop hole of any revenue loss to the department.

I want to know that what can be intenstion of the department behind imposing huge penalty ?

Dear Madam or Sir,

Pls help and give me your precious opinion about sample items purchased on non FOC basis, pls tell me whether I can take it as a Purchase in the trading account or not. And
on these items shall I claim VAT Input or not

Kindly oblige and do the needful.

Thanking You.

Yours faithfully,
Ranganath.

I worked in a company as CEO & Director in a section 25 company as an employee and later the auditors claimed that it being deemed as a public company the salay paid was in excess than as prescribed u/s 309 of the Companies Act. Hence I refunded the entire renumeration for the FY year 2005-6, 2006-7, 2007-8, and 2009-10.Can I deduct the amount paid back to my employer from my this year's income as my income has been taxed for the previous years ? Currently I am a management consultant earning a professional income.

If brief: what is the best way to get the refund for all the years : 1. By adjustment as above. 2) By filing the revised returns (kindly note that intimation u/s 141 has also been received 3) And/or u/s 264 of the IT Act, 1961 Or by any other means .

In short my responses to querries are as follows:

1. Whether the assessments were completed.

Only intimation & the refund cheque was made

2. Whether the company deducted tax at source

Yes the company had deducted the taxes at source as well as returns were suitably filed as well.

In addition, the tax returns for all the respective previous years was files on time.And Tax liablity for the assessment year 2008-9 as based on the salary & Income from House & Property.

I await your response

my query is:
a pvt. co. have Rs.10lakh paid up capital & Rs.90lakhs share application money. is CARO or MAOCARO requirement applicable to that co.

i am on audit in previous year they w/back sundry credit balance but they paid them same in current year & transfer in missclleneus expenses. is it right or wrong . & what r the versus problem may arise ?

I have a query with regard to re-designation of a regular director to Whole time Director.
When the Board Meeting was passed in december last year, subsequently Form 23AC was filled. Now this issue has been kept for shareholders approval in the coming AGM however Form 32 for the said director has already been filled with Form 23AC though there is no contravention of any law but technically should'nt Form 32 be filled after shareholders approval(in AGM) ?
Please let me know where if iam taking a wrong look at the procedure.

Dear Sir,
Please provide us
1. What are the procedures for the payment of remuneration of managing director in case of no profit or inadequacy of profit?
2. what are the Procedure for registration under Micro, Small & Medium enterprise.

Thanks & Regards,

Chetan