Akash
15 April 2013 at 14:01

Form 66

A company has authorised and paid up capital of Rs. 5 Lacs as on 31.03.2012. Company has increased authorised and paid up capital from 5 lacs to 25 lacs in May 2012.
I want to know that it is required to file Form - 66 with Compliance certificate.

One of CS said that it has to be mentioned in Directors Report (Date of Board Meeting to approve accounts - 27.08.2012). So, you have to compulsory file form - 66.

Please reply soon


Praveenveldhi
15 April 2013 at 13:55

Re : tax return filing

TDS has deducted on my father income in accounting year 2009-10 . can i file return now in assessment year 2013-14.
he didn't have any taxable income at that time . is department charge any penalty for late return
amount has deducted Rs.5,000 can I expect refund

thanks in advance


AMRUT PISE
15 April 2013 at 13:43

Rate of abatement after 01.07.2012

After 01.07.2012 rate of abatement for Construction of building, civil structure etc is 75%, but it is subject to condition that value of land is recovered from service receiver, what will be the rate of abatement if no matter of land is included in such service?



Anonymous

Dear sir,
As per notification no. 33/2012 dt. 20/06/2012 that "it is necessary in public interest so to do, hereby exempts taxable service of aggregate value not exceeding 10 lacs Reupees in any financial year form whole of service tax leviable thereon under section 66b if said financial year"
if a service provider have following gross receipts in given financial year..

F.Y. 2010-11 Gross receipts Rs. 11,00,000/-
F.Y. 2011-12 Gross receipts Rs. 8,00,000/-

My Query is that, is he liable for payment of service tax for Financial Year 2012-13 if his gross receipts is Rs. 5 lacs?

please resolve it ASAP


MANJUNATHA M.R
15 April 2013 at 13:31

Closing stock valuation

Dear Experts Ours is a Trading firm wholesale and retail dealers in agro seeds and fertilizers. My query is that what is the closing stock we should take at the end of financial year. As per physical stock we have only around 3lakhs it differs while taking opening stock+purchase-sales how to take and is there any ratio or formula to calculate closing stock for trading firms. Thanks in advance


yeliya raju sapisetty

I need list of banks in India for service tax applicable


manoj lavu palambe
15 April 2013 at 12:57

Credit not shown in 26as

all Respected Experts,
we filed income tax return of our client by showing TDS credit amount Rs. XXX of AY 2009-10, on the basis of TDS certificates but now in scrutiny it is seen that on side of IT the TDS credit was not shown.the TDS is actually deducted by bank U/s 194A

what can i do becoz it is for AY 2009-10 and i have to file rectification for the same

plz give your valuable suggestions


rajesh raikar
15 April 2013 at 12:52

Dtaa

Whether commission on sale payable to the agent in Malaysia taxable in India for the sale made to Malaysia.



Anonymous
15 April 2013 at 12:46

Ca final attempt

Dear Sir/Madam

I am registered as an articled assisstant on 16/08/2011. Please tell me when I am eligible to give first CA Final Examinations. As per new rules, Is there any preponedment of examination by 6 months?



Anonymous
15 April 2013 at 12:44

Section 143

i rec a msg from income tax dep saying order u/s 143(1) will be sent to email id.but yet i havent rec any mail.please help me in this....






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