dear all,
my query - there is a private company having a paid-up share capital of rs. 1,96,820/- ,it has 6 shareholders but since incorporation it has not issued any share certificate to any shareholder and now we are making it share certificates , the problem i am facing is what certificate number should i give to share certificate ?
is certificate number has some fixed pattern??
please help me out

One of our client left to USA on 15th march 2017,so on what basis should I determine their residential status for the purpose of Section 195? Should I use the criteria under FEMA or Income Tax Act ?

Hi,

One of our client is acting as a logistic partner for a foreign entity. They receive shipment of goods from foreign party and simply send the same to a buyer in india. For this service , they receive a commission for receiving and shipping goods. Invoice is named in the name of the end buyer , however our client first receives the goods , packs it and sends to the end buyer. Airway bills are in the name of our client. Please advice whether service tax would be applicable on the same?

Regards

Dear Sir,
Whether goods coming from SEZ reason (Enjoying Excise holiday) would be a consider a Exempted goods, Zero Rated goods or none of the above and accordingly would stock of these goods on 1st July opening would be eligible for excise cenvat credit.

If the government has made compulsory acquisition of non agricultural land, then what is the treatment under the Income Tax Act.
Is it taxable or not????

Is ICAI deliberately give 59 marks or student actually score 59. Also, will icai grant me exemption if I score less than 10 marks in other 3 subjects of group?

last year Avg EO Amount is taken into consideration for fixing current year AEO

one company "TAXWAY"of Ajmer(Rajasthan) is in the market and giving chance to any body to become assistant income tax eri they are saying that the person who is getting associated with there company will get linces from income tax department of Government of India to work as a tax consultant I just want to know is it true or scam of some or other type

Hi,

I am a software engineer and my salary falls under 30% slab and I am availing tax benefit on Home Loan.

I purchased a house in May 2012 for 38.4 lakhs (through bank loan) and re-innovated the house in May 2015 with extra 65.0 lakhs (24 lakhs - personal loan and 41 lakhs I kept from my pocket which I transferred from Netherlands to India, bank transactions is available for the same).
Now I am planning to sell my house for 120 lakhs in May 2017.
Apart from above, I have spent around 2 lakhs for home loan insurance.

Also I am planning to purchase an another house for 75 lakhs(land with old house) + 4-5 lakhs (for registration charges) + 15-18 lakhs (for construction)
And I want to clear off my Home Loan (25L outstanding amount) + one of the personal loan (5 L).

After all these transactions do I need to pay any tax for selling my house? Please suggest.

Thanks,
Rajendra

Dear sir i have one problem that one of the my relative doing a job and he received salary after deducting TDS but employer give hime Form 16 which prapare by in the office means that he drducted more but deposit less to govt and because of this he confuse that how can he file return ?????? and how can he get refund of the same ?? what can he do because employer did not hear anything what he said and he feel like helpless ???? so please help how can he get refund what he paid. can he inform IT department about the same this default ????