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CA VINOD JAIN
19 June 2007 at 00:33

SHARE PREMIUM

IF THERE IS ANY RESTRICTION OF ISSUE OF SAHRE ON PREMIUM IN PVT. LTD. CO.


CA VINOD JAIN

MY QUERY IS IS IT POSSIBLE THAT PVT. LTD. SALE SHARES ANG EARN LTCG , IT CAN BE ADJUSTED BY INVESTMENT IN U/S 54 EC , PLS CLEAR ?


rashmi
19 June 2007 at 00:11

Capital gains

A widow aged 85 years has a property transferred to her on the death of her husband. Now she wants to sell the same for 2 crores in this year. She has never ever paid any tax. She has four children. How can the property be sold with no tax liability on the widow?


purva.mirji

I would like to know which of the following institutes in Bangalore offers best coaching for PCC.
1) Yeshas academy
2) CAPS
3) Shri Ram


subbu
18 June 2007 at 06:03

service tax

HI.. is there any case laws/circulars/jusdgments which says that the receipient of services is liable to pay ST and not the Servcie provider?


CA VINOD JAIN


We are having a pvt.ltd. co.share and want to sell them on a higher price
what will be the tax liablility .

if tr. them before one year and if tr. them after one year

if we can reduce the tax liability how it possible

pls reply members

vinodjainca@hotmail.com


Ashok Agarwal
18 June 2007 at 01:17

Form 16A in excel or word format

Does anybody has Form 16 and Form 16A in Excel or Word Format pls reply


Rajeev Gosavi
18 June 2007 at 01:06

145A adjustment for income tax

Can some body guide me about 145A statement

(a) how to give treatement while calcuating the income tax for the company

(b) under what cicumsatance it should add and deduct from the profit.

(c) what are the items like Excise, VAT etc apart from the above to be added in the statement.

(d) if any body has excel file with practical example how to calculate the 145a and how to give effect in the income tax cacluation


Yadav Santosh
16 June 2007 at 02:41

Filling return

thanks a lot for solving my query.

i mentioned of retailer and as u mentioned i'll have to consider 5% of the total turnover as income if turnover does not 40 lakhs. and also it is not necessary to operated through current a/c.

so finally to start with filling procedure
1. will i'll have to prepare final accounts showing around 5% as income of the total turnover.

and any other compulsory rule to comply with other then filling with the appropriate form u can suggest.


Mahesh Kedia
15 June 2007 at 10:14

Computation of Salary

My question is, what will be treatment of 'Notice Pay' paid to earlier employer. Whether it will deduct from the head of salary computation either it is recovered from current employer or not. Infact the notice pay recovered from the current employer has taken in computation of salary and for which period notice pay paid, the employee receive the salary and pay tax on that. In my opinion the ' Notice Pay' Paid should be deduct from salary.

CA. Mahesh Kedia