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Nischint Kumar Somani's Expert Profile

Queries Replied : 121

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About me

Hello frnds,

 

    What kinds of questions I can and can't answer?
    i can answer Queries regarding Income Tax, Service Tax, Audit, Excise

    My area of expertise
    Income Tax, Company Law, Custom and Excise

    My experience in the area (years):
    3 Years in Audit Period, and working as a Practicing CA

    Organizations I belong to:
    CA Firm

    Publications or writing which has appeared :
    Till date Nothing

    Educational credentials:
    BCom and CA

    Award & Honors:
    nothing

  • arvind kumar says : lc payment
    sir pls help me my question is below My one party is opened a LC . we made the documents and discounted the same from our bank. after one week due to some prob. in goods, party rejected the documents to his bank. now in this condition my question is the party bank have any right to refuse the payment to our bank or not. pls clarify ! arvind

  • Praveen says : reg capital gains
    Dear Sir, You have answered my query on partnership being converted into pvt ltd... and then any share transfer would attract capital gains... But the rule clearly only says that the aggregate of the partners should be >50%... but doesnt prevent any share transfer among them... Eg... if we both had share pattern in the ratio.. 30% and 40%... Will it be affected if we decide to change it 60% and 10%... Please comment...

  • priyanka says :
    thankx. if i have any problem in concept can u help me???/


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