In case a Company buys back its Foreign Currency Convertible bonds at a discount to its face value, what is the accounting treatment, i.e. whether it is a capital gain or an income to be credited to P&L Account? If anyone has the accounts of any such transaction of a company, please provide that also or any such refrence material on nsnehalshah@gmail.com.
Dear All,
I want to know that what are the benifits of doing an agreement on stamp papers, rather than plain paper or Letter heads of the Company.
If agreement made on plain paper or letter Heads are admissible in evidence, and have the same value as agreement made on stamp papers.
Manish..
is that advisable to add mis. receipts in the return of income to increase the income of an individual who has a income from salary or business. In which case IT departement can consider the Mis Receipts as casual income which is taxable @ 30%.
my vehicle met with an accident when it was parked on road side actually a truck coming from back side got out of control when its front tyre brust.this truck hit my parked vehicle from the back side.when i lodged my claim in my insurence co..Company repudiate my claim saying that my driver was not having a valid driving licence at the time of accident.in fact and as per record and survey report at the time of accident my vehicle was parked than how company can repudiate my claim on this ground..Plz send me some authorities/judgments also.
IPC 420 & NI ACT 138
IS POSSIABLE TO FILE CASE U/S IPC 420 & N I ACT 138 OF SINGLE CHEQUE ?
GIRISH AGRAWAL