How A Private Company Turn Public Substantially Interested Company Without any IPO

A public substantially interested company is defined under Income Tax Act and it gets many benefit under Income tax Act in  comparison to a...
cash_sustem_of_accounting

Company Can Follow Mercantile And Cash System of Accounting At The Same Time ?

An assessee is free to adopt an accounting method -mercantile or cash - or even a method of accounting which is regularly employed by...

Calculator For Fair Market Value (FMV) for Share Premium Case !

FMV or Fair Market Value of share which is issued on  premium by a closely held company is required to be computed to compare...

MAT Credit : 2 Tax Planning Tips For Asst Yr 2013-14 !

MAT or Minimum Alternate Tax is a tax which has to be computed by all companies as per the provision u/s 115JB of the...

MAT Credit u/s 115JAA Simplified !

MAT credit u/s 115JAA is linked to section 115JB which deals with Minimum Alternate Tax . MAT  is a tax payable u/s 115JB of...
mca_news

MCA News : New Form 18 & DIN Application Introduced

Ministry of corporate affairs has introduced new form 18 which is for location of registered office and new application for allotment of Director’s Identification...

Can Subsidiary of Subsidiary Company Become Public Substantially Interested Company Without Listing?

The issue whether private company or closely held company can be treated as widely held company is a matter of wide interpretation and mathematical...

MCA: LLP Return Filing Date Extended

Ministry of Corporate Affairs (MCA) has extended the date for fling Annual Return by LLP to 31st July 2012 . In other words ,...

MCA: Cost Auditors to Report in XBRL Format

It has been decided by the Ministry of Corporate Affairs vide its GENERAL CIRCULAR NO. 8/2012, DATED 10-5-2012  to mandate the cost auditors and...

Eighth Type of NBFC Formulated by RBI

RBI has issued  CIRCULAR DNBS.CC.PD.NO. 250/03.10.01/2011-12, DATED 2-12-2011 by which  it is stated that a new category of Non Banking Financial Company (NBFC) for...

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