what is the path of insurance calculation?
No Answer is Posted For this Question
Be the First to Post Answer
why your choseing bank of america
what is the procedure for obtaining a certificate for exemption from TDS where my income slab is not taxable..
what are all the entries for issue of debentures and redemption of debentures ?
How can i treat the tds in the Books of Deeductee. Example suppose my company recives an amount on Job work charges by giving tds to a deductor company. Then will i creat it under tax and liability ledger or other.
if i want a c form from sale tax department and i have cst number. what would it cost to me.
Treatment of Government grant and its utilization in P
Can a Chairman of the Board be removed from the chair by the Managing Director And other Directors of the Company during the Course of the Board Meeting.
What is the percentage rate of PF,ESI,PROFESSION TAX,SERVICE TAX,VAT,INCOME TAX in BANGALORE?
what is the difference between debenture and baond
what is equity capital. what is authorised capital. What is debentures. what is paid-up capital.
Income Tax Department sends cheque for INR 2 Crore as Refund after completion of Assessment for A.Y.2011 - 2012 to a Company. As per IT Return filed for this year I.T. due to Government was INR 60 Lac but was assessed at INR 70 Lac. TDS due to Company was INR 3 Crore which was admitted as INR 2.7 Crore by Government. Government also adjusts Tax dues for A.Y. 2009 - 2010 of INR 40 Lac which was disputed earlier by the Company and Appeal was lying with the CIT. Government pays Interest to the Company amounting to INR 40 Lac. Provision for Income Tax made by the Company in its accounts for F.Y. 2010 - 2011 (A.Y. 2011 - 2012) was INR 50 Lac. What would be the Journal Entry at the time of receipt of Refund of INR 2 Crore from the Government in A.Y. 2014 - 2015 in the books of the Company?
I am forming a Pvt. Ltd. company with total 4 no. of directors including myself. I'll be providing all the financing via. initial capital investment + operating cost. We have mutually agreed to keep percentage as - 55% myself and 15% each of other 3 (15x3=45%) now my questions are : 1. What if one person backs out at any given point, what are implications and what would happen to his share of percentage ? 2. What should I do to keep a control on decisions and financial matters in case any of the directors cheats/wants to leave? (as my money will be on stake)