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Hamid an sari

SIR, 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

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hi, mmy name is srinath and i am working in a company as contract basi, they said me that company is baring 8800rs on me and giving on hand salary of 7400rs, proffesional tax 80rs were mentioned inpayslip, am i suppose to pay ? because i am not a regular onroll employ of company please give me suggestion, on mail. rockstar.knl@gmail.com or number 9533373003,plz any body give the answer

0 Answers   ITC Infotech,

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There 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?

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Sir my question is on service Tax. We have deposited the amount under wrong code. The basic amount of service tax Rs.7500/- on Clearing & forwarding Agency (code 00440045) was wrongly deposited in the interest code (00440046). Do we have to deposit service tax again or this amount can be transfered to service tax account.

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which group in intermediate is better to join in ca?

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sir, this is Ramakrishna i am recently completed MBA from andhra university. present i am working in spencer retail store as a customer service attendant(CSA). but this post suitable to 10th or intermediate range. some of my colleagues says this job is not suitable to me.if i am resign this job whats my position. is there any growth in spencer to mba's.

1 Answers   Spencers,

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I want to sale furniture in west bengal & Gujrat to end user or to a office then should i require road permit & if then from where should i get it. because i am going to bill with 12.5% vat.

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what is the lat date of tds deposit for march 2010 ASSESSMENT YEAR 2010-2011

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Is trust a type of contract?

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who ic vice president of India

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Is someone guilty if they did not set out to commit a crime up they ended up doing so?

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Are babies born with a moral code or is it learned?

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