hello everyone

the last date for submission of service tax return is 25th April 2009, but it is on Saturday can it possible to file on 27th of April 2009,

if yes are there any circular or notification

plz help me

Is there any revision book available for Indirect tax? Also, are there any notes available for accounts theory.

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

Private limited company’s incorporation date is 27th aug 2004, What is the procedure to pay stampduty on shares.Can stamp duty be paid on share certificate after it is issued. If, yes up to what time ?
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
share is it allow expenduture or
disallow

If a company issues bonus shares than there is no any fundflow then why company declare bonus shares?