Loan to a closely held co. to the extend of reserves is taxable as deemed dividend in the hands of recepient. My query is whether in case where reserves consists of only share premium and no ther profit can loan given be added as deemed dividend.
Loan to a closely held co. to the extend of reserves is taxable as deemed dividend in the hands of recepient. My query is whether in case where reserves consists of only share premium and no ther profit can loan given be added as deemed dividend.
Loan to a closely held co. to the extend of reserves is taxable as deemed dividend in the hands of recepient. My query is whether in case where reserves consists of only share premium and no ther profit can loan given be added as deemed dividend.
DEAR ALL,
CAN A SSI UNIT CAN TAKE CENVAT CREDIT IF HE REGISTERED WITH THE EXCISE DEPARTMENT AND TAKING ADVANTAGE OF 150 LACS TURNOVER.
IF HE IMPORT RAW MATERIAL, THEN USED SUCH AMOUNT FOR PAYMENT OF ADDITIONAL DUTY?
PLS CLERIFY THE SAME .........
how many leaves are available for ca final student as per latest CA guidelines?
my doubt is that
In context of working capital management finished goods stock is calculated on the basis of cost of goods sold. and cost of goods sold comes out after adding administration costs to factory cost but if in the question there already given abt the sales and gross profit % . then there cost of goods sold would be sales less GP .
as one have two ways to calculate cost of goods sold. So how should i deal????
THERE ARE SOME SHARES IN THE NAME OF COMPANY . AFTER SELLING THE SHARES LOSS HAS OCCURED . IS THIS LOSS IS ALLOWED OR DISALLOWED AS PER INCOME TAX
Hi Sir
I want to Know what all things a Private Ltd company has to do w.r.t Income Tax Dept & ROC yearly.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
Deemed Dividend