Is someone guilty of an offence if they did not set out to commit a crime but ended up in doing so?
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section 122-A of negotiable Instrument Act, 1881, provides for evocation of bankes authority to pay a cheque drawn on him by his customer, narrate the circumstances under which this authority is revoked.
what are the laws/Acts applicable to C&F Agents in India?
What 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.
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?
We 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
the supreme court of india enunciated the basic structure of the constitution in
If a law limits or restricts our freedom to do something, is that an unjust law with regards to autonomy?
what is the full form of law?
IN E-1 AND C SALES WHETHER 1ST BUYER CAN SELL / TRANSFER THE TITLE OF GOODS TO 2ND BUYER IN THE SAME STATE WHEN 1 ST BUYER PURCHASED FROM OTHER STATE USING HIS ROAD PERMIT?
If you could go back in time to any period of time when it would be and why?
what is non tax audit & due date for & if return is not filed within due date then
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.
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