My professional friend, who is a tax audit assessee, utilized cash credit for working capital but omitted to include both the cash credit and debtors in the balance sheet. What would be the appropriate solution in this situation, considering the need to revise the tax audit report to reflect the cash credit as a liability and debtors as an asset?
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Can partner of LLP convert their loan into capital of LLP
ofllp
capital
into
loan
conversion
Hi Professionals!
Can a company capitalize the proceeds of the exports of plant & machinery to its overseas JV/WOS?
jvwos
overseas
exports
proceeds
capitalization
Dear Professionals,
Can anyone suggest me the documents for increase in capital contribution in LLP.
Whether Authorised and Paid-up capital as mentioned in form MGT 7 as on 31st March will effect the master data of Company? Data will be change in roundoff . how it will get rectify once changed through AOC-4 Filing?
Hello Friends,
An individual having commercial property in his personal name was transferred as an asset in his partnership firm by way of J V Partnership Firm is claiming depreciation deduction and also showing rent from the property as income Now the commercial property is to be sold Since the property is in individual name sale proceeds will come in his personal account My question is who will bear capital gains tax, individual or firm and if taxed in individual hands how to write off an asset in firm books?
gain
capital
property
commercial
What are the regulations given by RBI for Foreign Venture Capital Investment ?
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capital
venture
foreign
Dear Members
A company intends to convert its redeemable preference shares
into equity share capital. Can it do so under the provisions of the
Companies Act, 2013?
equity
share
capital
into
shares
redeemable
preference
conversion
Dear Members,
Can a company specify in its Articles of Association that the authorized share capital of the company be altered through an ordinary resolution instead of special resolution?
through
capital
share
authorized
alteration
Dear all,
Are preference share capital and preferred stock one and the same thing?
if not, then what are the key differences between the two,
Thank you
stock
preferred
capital
share
preference
Hi Member,
Is there any way out to Redeem preference share capital of the company, where company does not want to issue further share capital and Company has Rs. 1 cr in Capital Reserve account, other Reserves and surplus are NIL as on date. Redemption amount is Rs. 20 lakhs.
capital
share
preference
redemption
Is MGT-14 required to be filed for increasing authorised share capital?
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share
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