HI
A PVT Ltd Co was formed June 2008. The company has received FDI in August 2008, Rs 16 Lacs for which no Legal compliances have been made. The Company is in activity of Consulting Engineering and other Engineering related activites. My Question is that if Rs 16 Lacs received I show as FDI in Equity Capital, wherein Rs 10 shares are issued at a Premium of Rs 48, will it raise any problem. I have gone through the CCI Guidelines for Valuation of Shares:
Net Asset Value: Not applicable as this company has no latest audited Balance Sheet, and this is First Year.
Profit Earning Capacity Value: Not applicable as the method applies to Trading and Manufacturing Compnay, and this is a Consulting Engineering company
Market Value: N/a since Pvt Ltd Co
Fair Value: This method starts taking avg of First 2 methods, which are N/a
Kindly let me knw, if I go by the random issue price of Rs 58( FV 10 & Premium 48) will there be any non compliance
Thank You
HI
A PVT Ltd Co was formed June 2008. The company has received FDI in August 2008, Rs 16 Lacs for which no Legal compliances have been made. The Company is in activity of Consulting Engineering and other Engineering related activites. My Question is that if Rs 16 Lacs received I show as FDI in Equity Capital, wherein Rs 10 shares are issued at a Premium of Rs 48, will it raise any problem. I have gone through the CCI Guidelines for Valuation of Shares:
Net Asset Value: Not applicable as this company has no latest audited Balance Sheet, and this is First Year.
Profit Earning Capacity Value: Not applicable as the method applies to Trading and Manufacturing Compnay, and this is a Consulting Engineering company
Market Value: N/a since Pvt Ltd Co
Fair Value: This method starts taking avg of First 2 methods, which are N/a
Kindly let me knw, if I go by the random issue price of Rs 58( FV 10 & Premium 48) will there be any non compliance
Thank You
TDS not claimed in return of income
we are in trading concern. I would like to ask why promotional/adv. items gift etc. vat input credit should not be taken. please provide me reference to law , circular.
Dear All,
I would like to know whether TAN registration for an entity with its registered office at one place but place of business in another need to:
(i) register at the place of registered office alone and is valid for deductions made at place of business,
(ii) register at the place of business alone as there is no business activity at place of registration or
(iii) Register at both places of registered office and business.
Kindly reply at you earliest.
With regards,
Saranjha
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Is it possible to pay after three or four years ?
It not what is the consequency ?
Thanks in advance.
Dear Expert,
If a ltd company have loss on sale of
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I am wanted to become a successful practicing chartered accountant can any body suggest do’s & don’ts for the same.
Thanks in advance
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