What is Sweat Equity
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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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if my employees are having esic , then do i need to take workman compensation for them ? is it compulsory for me to take workman compensation even if having esic ?
What are the duties of the position for criminal affairs?
0 Answers BBC, Cyber Policies,
Sir, I got admission in medical college through management quota & I belongs to OBC category having caste,validity & noncreamy layer certificate,yearly income less than 4 lakh. shall I get admission fee concession & scholarship on caste basis
What is TDS on Deposits?What is the periodicity of deduction of tax?When the tax is deducted on a term deposit?
what is the last date of submission of deducted tds for the month of march?
if transportation paid by the party and tds not applicable then the tds return is to be filed by the party for transportation only
has the vice president of india no formal function attached to his office?
0 Answers UPPSC Uttar Pradesh Public Service Commission,
Define a miracle.
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?
What are the requirements of a company to register as manufacturers?
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