Recently, I have sent a mail to Caplin Point Investor mail id investor@caplinpoint.net
Seeking information on following points and awaiting a reply.
1. The company is a govt approved star export house and all income of the company are derived through exports. In light of the above information, how the tax on the income is getting calculated , as per my limited information the your's 100% EOU thus ideally their should not be any taxes on the company accounts.
Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”
Disclosure: It is safe to assume that I might have the stock in my portfolio and hence my point of view can be biased. Readers should consult their financial advisory before any investments.
Seeking information on following points and awaiting a reply.
1. The company is a govt approved star export house and all income of the company are derived through exports. In light of the above information, how the tax on the income is getting calculated , as per my limited information the your's 100% EOU thus ideally their should not be any taxes on the company accounts.
So, the taxes paid by the company on income is MAT or some thing else, please part with the information.
2. In April the Company signed agreements for ANDA with two firms and confirmed that the company has also received the first milestone payment from both the counter parties.
However, I could not find any information on financial aspect of any of the deals either in the results sections for both 30th June 2015 and 30th September 2015 nor in the Annual report for FY 2014-15.
Can you please share more information on the subject?
3. Does the company has any growth projection for next 3-5 years wrt Revenues and Profits?
Not part of mail:
MAT is 18.5% of the total income even for 100% EOU's. How come, the company is paying more taxes?
Source: http://www.indiafilings.com/learn/what-is-minimum-alternate-tax-mat/
Note: The above is not a research report but information as available on public domain and it should not be treated as a research report.
Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”
Disclosure: It is safe to assume that I might have the stock in my portfolio and hence my point of view can be biased. Readers should consult their financial advisory before any investments.
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