Answer Posted / ramgopal somasundaram

Equity share

Equity share is also referred to as ordinary shares and in
Indian context it is defined by section 85 (2) of the
companies act 1956. They are the real risk-takers and care-
takers of the company and they enjoy the right of voting.

Dividends

Dividends and stock repurchases are the two major ways that
corporations can distribute cash to their shareholders.
Dividends may also be distributed in the form of stock
(stock dividends and stock splits), scrip (a promise to pay
at a future date), or property (typically commodities or
goods from inventory). By law, dividends must be paid from
profits; dividends may not be paid from a corporation's
capital. This law, which is designed to protect the
corporation's creditors, is known as the impairment of
capital rule. This law stipulates that dividend payments
may not exceed the corporation's retained earnings as shown
on its balance sheet.

what to in pro

2452

---

i am new to this tax system if you don't mine "please help me"

1990

---

Can you please provide me the present VAT precentages in Andhra pradesh and other states CST persentages with good's wise.

2069

---

if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount

1992

---

if any civil contractor provide service to education institute, then there is an exemption for service tax liability, and he should be quoted it on its invoice, can u provide me sample invoice formats

2256

---

What is Cenvat

4101

---

For what Purpose we should pay Profession Tax? After paying Profession Tax we can get benefit for personnel return filling? If Yes? than where?

5609

---

Can we use ST-38 outward form for a sale of Rs-100000/- with in the state i.e haryana

3105

---

Please guide me... We are dealing in trading of industrial material. What is the difference between importer, 1st stage dealer, 2nd stage dealer and 3rd stage dealer? Whether all of these above can pass on the excise duty to the end user. Please tell me and thanks in advance.

2039

---

my manufacture company established in Excise exempted Area. and we pay freight to transpoter.& also deduct service tax.what will be the entry of this transaction. can i adjust this service tax payable from input service tax of telephone bill.

1986

---

Hi, Is there limit of applicablity of excise payment for any orgnization...?? what is date of excise payment..?? Excise return date & what procedure & how to take benifit availing service tax in excise return..? What form reuire for Excise Return..??

3864

---

if i paid interest on tds for ex:- tds deducted on rent for the month of april, may, june rs. 20000 each for month and tds paid on 7th july then i have to pay interest @ 1.5% for rs. 1200 , 900 , 600 respectively , so i wanted to know what is the entry for rising of this interest in accounting software other than tally

1530

---

what do you mean by cenvat? and in which is liable?

3250

---

What is commercial tax? and what comes under commercial tax? What are the Provisions relating to it?

2030

---

what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?

2213

---