Sir, i would wish to know as to how much a promoter, director can hold shares i.e. upto what percentage.and is there any difference with regards the % in listed and unlisted co
for instance as per sebi derictive in listed company the hsare holidng of the public cannot come down below 25% of the shares issued, so can the rest 75% be taken up by promoter/director,friend, relatives and associates.
is it that the promoter/director can hold only 55% of the total capital and in any given year the percentage cannot excced 5% subject to a limit of 55% which could be thru prefential allotment as well
g m sir, one of my frd has appeared in 10+2 exams in 2007 n he also appeared in cpt in may 2007 n he passed in cpt n he also got pass certificate also but un fortunelty he has failed in 10+2 after passing 10+2 in 2008 can he register for cpt in 2008? pls answer.
I have completed PE II, and looking for Articleship firm. Is Articleship in indirect tax is good choice?
can anyone suggest me some mostly recommended books other than icai for pcc?
If a private company becomes subsidiary of a public limited company than its become deemed public company. Provisions applicable to public limited company will be applicable to deemed private company.
My question is whether is it necessary to conver the company into Public Limited company?
Does Anybody knows CA's practicing for getting a loan OR grant from World Bank
Dear Sir,
One of my client had opened a Drug store in a Charitable Hospital with a contract that half of the net profit(after all expenses) will be paid to the Hospital.
There is no fixed minimum amount that will be paid to the Hospital.The amount to be paid will be calculated from the audited balance sheet of the Drug store.
Now the Query is:-
1)T.D.S. to be deducted under which section rent or contract
2)Admissibility of the contract fee paid to Hospital under I.T Act.
Thanking You
We are having a pvt. ltd. company , by which we want to provide verious types of services to our related company projects whihc are in differnt companies , services like architech servies , technical services , marketing services in nut shell we want to pay various services paymnet through in one copmay but the services will be utilised by other companies . there is no profit moto. what will be scenerio for services tax point of view and ay right way for use this scenerio ?
We are manufacturer of Pharmaceuticals Product. We are doing Stock transfer to Consignment Agent. We are paying commission on sale and service tax through credit note to Consignment Agent and then Consignment agent paid service tax through GAR-7 (TR6). In this case we avail the service tax credit. If this practise is not correct. please brief us for correct practise.
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% in the shares