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SERVICE TAX
[30 Jun 2010 | No Comment ]Read More
Dear All, Please have the upcoming amendments from CA Day i.e !st July in Service Tax and Good News for Air Service Providers too. WEF 1-7-2010 in the definition of Taxable services under the service tax Act (Section 65(105)(zzzo) air craft operator are liable to pay service tax on passanger ticket. Further as per section 65(105)(l), air travel agents are also liable to pay service tax. Whether this is not double taxation on the same air ticket. Whether input credit will be available to a...
Few questions arising out of these Directions need to be attended immediately by the RBI to make it an effective tool of control
[28 Jun 2010 | No Comment ]Read More
Secured or unsecured: The draft guidelines placed on the website of RBI contained the following definition of NCDs “Non-Convertible Debentures (NCDs) will mean secured, negotiable money market instruments with original maturity of less than one year issued by corporates (including NBFCs) to meet their short term funding requirements, issued by way of private placement with investors. The guidelines also cover NCDs with original maturity of more than one year with optionality attached to it whi...to pay service tax. Whether this is not double taxation on the same air ticket. Whether input credit will be available to a...
Another money market instrument – short term NCDs
[28 Jun 2010 | No Comment ]Read More
Email :Vinod Kothari & Payel Jain , Vinod@vinodkothari.com , payel@vinodkothari.com. In order to regulate and control money market instruments – that is, short term debentures of 3-12 months maturity, the RBI, in pursuance of sec. 45W – which pertains to money market instruments, has issued new directions - Issuance of Non-Convertible Debentures (Reserve Bank) Directions, 2010 to regulate issue of Non-Convertible Debentures (NCDs) by Corporate. The market in Indi....
Dos and Dont’s for printing and submitting of ITR-Vs to ITD-CPC Bangalore for A.Y. 2010-11
[28 Jun 2010 | No Comment ]Read More
1.Please use Ink Jet /Laser printer to print the ITR-V Form. 2. The ITR-V Form should be printed only in black ink. 3.Do not use any other ink option to print ITR V. 4.Use of Dot Matrix printer should be avoided. 5.Ensure that print out is clear and not light print/faded copy. 6.Please do not print any water marks on ITR-V. The only permissible watermark is that of “Income tax Department” which is printed automatically on each ITR-V. 7.The document that is mailed to CPC should be ...
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Discussion: Sole Proprietorship firm set up by a Limited Company »View Comments (6)Post Coments Read More
Avik Kumar Basak (04/20/2012)
Dear friends, I will be highly obliged if anyone can enlighten me on the following topic: 1. Whether a Public Limited Company can set up a Sole-proprietorship firm under a different name to carry on
A PVT LTD CO IS A SHAREHOLDER IN OTHER UNRELATED PVt ltd company »View Comments (3)Post Coments Read More
Manoj Agarwal (04/20/2012)
Dear Friends, There is three situation where a pvt ltd company became a shareholder of another UNRELATED pvt ltd company in the year 1994-95. Now ROC/MCA is showing said shareholder comapny as &q
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Looking For CA, CS, ICWA
Looking for a qualified CA, CS, ICWA 22 May 2010 Dear Friends, We are looking for a qualified CA, CS, ICWA for our chartered firm at Kolkata. We are also looking for a candidate with good audit exposure. Interested candidates may kindly post their CV at bks_co@rediffmail.com
Looking For CA, CS, ICWA
Looking for a qualified CA, CS, ICWA 22 May 2010 Dear Friends, We are looking for a qualified CA, CS, ICWA for our chartered firm at Kolkata. We are also looking for a candidate with good audit exposure. Interested candidates may kindly post their CV at bks_co@rediffmail.com
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