Whether the word LTD should be suffixed to the name of a Private Bank? Please quote the Section and the relevant ACT.

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Distinguish between Contract of Indemnity and Contract of guarantee.

8 Answers  

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What are special sessions of the Superior Court?

1 Answers  

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i am married to usa green card holder and now i want to go to usa on the student visa, will i have to face any problem if i get the visa and then i go to usa at the time of filing me on the immigrant visa status.

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What is GDR Issue ?

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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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Do you think you have to undergo training for advocacy?

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WHAT IS THE DUE DATE OF MAKING PAYMENT OF WCT UNDER ODISHA VAT ACT ? PLEASE LET ME KNOW

0 Answers   Essar,

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You are request to reply these quieries, are below mentioned statement are true? (1) Deduction in respect of maintenance including medical treatment of a dependent who is person of disability shall be allowed to a non resident in India. (2) Only 35% of income from growing and manufacturing of rubber is liable to tax. (3) A business loss can be setoff against income from speculation business but loss in respect of speculation business can only be set-off against income of another speculation business. (4) Remuneration received by Member of Parliament are taxable under the head “profit and gains from business or profession. (5) Zero coupon bond shall be treated as “short term capital asset” if held for more than 12 months but not more than 36 months.

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Is there any remedy for the seller if the purchaser refuses to submit the FORM-C while he agreed while generating invoice?

2 Answers   TATA,

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What is a country?

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How much is the minimum marks for CIVIL judge interview in MPPSC. where i can get rules in this regard documented?

2 Answers   MPPSC Madhya Pradesh Public Service Commission, Sail,

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