what is procedure to transfer funds between companies registered under sec 25 of the companies act? Is there is possible to get exemption certificate?

1 Answers  

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what is surrender of shares?

15 Answers  

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what cunditions of charged of exise duty

1 Answers   Jiva,

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what is the procedure for obtaining a certificate for exemption from TDS where my income slab is not taxable..

1 Answers  

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1.WHAT IS BRS? 2.WHY DO WE PREPARE BALANCE SHEET? 3.WHAT IS TRIAL BALANCE? 4.WHAT IS VENTURE CAPITAL? 5. WHAT IS DEFFERED REVENUE EXPENDITURE? 6. what is mutualfund? 7. why net profit shown liabilities side in balance sheet?

8 Answers   FactSet Systems,

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what is deferred profit ?

2 Answers  

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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?

0 Answers  

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How to analyse the day to day sensex Points or Forex Values?

0 Answers   Cognizant,

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How should a charity account for its branches?

1 Answers  

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analyses of Cost control

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DIFFERENCE BETWEEN EQUITY SHARE CAPITAL & PREFERENCIAL SHAR CAPITAL

7 Answers  

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state your views about liberalisation of banks

1 Answers  

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