I belongs to OBC category (non-creamy layer),if I will select in any deemed university (Maharashtra)on merit basis,shall I get admission fee concession.What is the reservation status in deemed university.
1 7552SIR, our client is carrying business It is a ASSOciation of individuals.Can you say whether it is a AOP or BOI.my doubt is that AoP includes persons for a common purpose But according to I>T act PERSON includes individuals also
1772I have form16 of the year 2007-08 & 2008-09(INCOME LESS THAN 4.5 LAKH).Do not have form16 of 2009-10.shall I get non-creamy layer certificate
1704In case of exempted employees under the PF ACT, does the employer need to contribute minimum of Rs. 780?
1814What is the TDS rules for a NRI who is partner in Partnership Firm in India and on retirement he gets Rs. 150 Lacs equal to the credit balance in his capital account. This credit in his capital account has come on account of revaluation of immovable property owned by thr firm. What is the Firm's liability towards income tax on revaluation of immovable property and what are the obligation of TDS while making payment to the NRI.
1950There are three partners in a partnership firm. The firm has office premises in the name of firm. Depreciation on this asset is charged every in the books of the firm. Now after depreciation the book value of this assets has become Rs. 1000. Whereas the market vakue of this premises id Rs. 10 crorer. To bring this property at MV the partners revalued this premised at Rs. 8 crorers in the books of the firm and accordingly credited partner's capital account in their profit sharing ratio. My questions are as under. What is the income tax liability of the firm on revaluation? What is the income tax liability of partner of each partner on revaluation and credit to his capital account. In future whether depreciation to the firm is allowed on revalued amount under the income tax act. What happens to the tax liability if one partner withdraw his entire capital from the firm which includes credit on revaluation of office premises? When partners can withdraw out of their credit balance in their capital account without attracting any tax liability either by the firm or by partner? What happens if one partner retires and he gets amount equal to his capital account which inclides credit on account of revaluation? is there any tax liability to the retiring partner?
1 6918We are manufacturer for Export material , and Material cleared without payment of Excise duty Notification No. 43/2001 Dtd. 06.06.2001 of Rule 19 of C.E. Rule 2002. Can I Purchase Raw Material Under above Rule
1 2978I am Shyam, MBA(HR) and L.L.B. and applied for civil judiciary services. want to know the syllabus for the entrance exam and books to be refered.
1550Post New Law AllOther Questions
How you cope without motivation?
IF COMPANY DENY GIVEN GRATUITY TO EMPOLYEE THAN EMPLOYEE THAN EMPLOYEE ANY WAY TO COLLECT GRATUITY ?
I am Shyam, MBA(HR) and L.L.B. and applied for civil judiciary services. want to know the syllabus for the entrance exam and books to be refered.
how to paid vat return file prosisior pls find me it
What is Sweat Equity
A doctor is asked by a patient's family member to kill the patient as they are in a lot of pain. Would this be murder?
What are the fundamental differences between US and British Law? What are the implications of this?
Which posts I am eligible after LL.B.?
how can emergency provision under indian constitution can be explained in asummarised manner?
Whether a Minor can purchase or sell Company Share ? A person presented company share for transfer in his favour but the Transfer Deed accompanied by Company Share is of such date when the person was Minor.Whether the Company accept the Transfer Deed and transfer those shares in his favour.
Based on Internal Revenue Service rules, what criteria distinguish a consultant from an employee?
One of my client in Mumbai has dispatche the goods to Delhi distributor with tax invoice after charging CST 2%.But Road permit was given by the Delhi distributor and also goods has not been caught at any check nakas of delhi and Finally goods were dekivered to Delhi distributor. Whether it is required under Delhi sales tax act to submit the Road permit to get the C Forms?
who is the law secretary?
In the Companies Act, 1956 there is no ward as ‘Wholly Owned Subsidiary’ (WOS), WOS means a company of which entire equity share capital is held by other Company. For example A company holds entire equity shares of B Company in this case B Company is WOS of A Company. Question: Now the Question is X company has paid up equity share capital of Rs.50000 (5000 shares each of Rs.10).Out of which Y company holds 4990 shares in its own name and remaining 10 shares Y Company holds in its name in 10 different folios (one share in each folio) along with 10 different individuals in the style first name is of Y limited and second (joint name) of individuals like A,B , C…… to J.In such case will X limited be deemed to be a WOS of Y Company ? If yes then how? After this question one more question will come up related to this question
Why is there no United States of Europe but there is a United States of America?
