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Can a computer have a conscience?
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What is forfeiture and lean of shares, acc to companies Act ? Plz let me know!!!
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I m indian stundent. I complet my law degree. Now i want to go usa for further study. so how can i get usa visa? What are the chance to refused me?
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In Maharashtra is Director liable to pay the Professional tax or the company?
Minimum no of contract labour required for obtaining the labour licence from the regulating authority.
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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can an outsider put a criminal case against members of the cooperative society on personal ground though matter of the society where each member is not paid by the society and does voluntary service , secondly can the police call each and every member after getting bail from the magistrate be called by the police at any time without any proper questions being asked by the police every now and then since in the bail it is written that the police can call the members at any time for interrogation, after going for interrogation one finds that there were no questions asked . thirdly have they to report to th epolice every time they go out of india
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