Dear Sir,

Kindly clarify whether the dividend received by the Indian holding company from the overseas wholly owned subsidiary in China , is taxable in India ? If yes, what is the rate of tax ? Please reply with details of sections.

Thanks & regards,

Hemant A.Thakker

If a partnership firm gets converted to pvt ltd. co and suppose everything is unchanged except that capital of Rs. 8lacs is not there in luie of that shares of Rs. 5lacs are issued, what will be done of bal 3 lacs. will there be a reseve,if yes what reserve, and if no reserve then how will b/s tally?
Thank you

i want to know that recently there was a notice that builders are exempt from service tax, is it true, if yes can anyone provide me the reference for the notice.
Thank you

Is tax audit u/s 44AB of IT Act applied in case of investment company which is invloved in making investments in shares and securities for the purpose of dividend erning. If dividend income forms major part of its income from operation which exceed Rs.40L.

Pl. reply urgently.

Rgds,

Hetal Shah

I want to open a demat account. could any one tell me what is the procedure? what are the documents needed? how much time it will take?

what is the difference between face value of a share and the market value. if i buy some shares then what i will have to pay? if market value, then what is the significance of face value? how is the market value decided

what is the difference between turn over and revenue of a company

The NSE website has a compliance questionnaire for the Brokers registered with NSE. However, the BSE site doesnt have any such list. What are the compliances to be done by a broker on BSE? How can i find out the complete list of compliances?

My friend has got a flat which she purchased 4 months back.She wants to sell it off and wants to purchase a new one. what will be the tax implication of this transaction? How much tax she has to pay if she buys another flat with the sale consideration?