Currently my client is owning a warehousing and which is given on rent for storage purpose.
What percentage of TDS should be deducted by lessor.
He is individual with receipt less than 10 lacs.
I will appreciate your answer supporting case law.
Share premium is covered by the word to the extent accumulated profits.i.e. if to treat the amount of loan & advanses as deemed dividend amount of share premium also included.For ur reference as per The Companies Act,1956 dividend can not be declared from the accumulated profits.And as per the Income Tax Act it should be commercial & real profit what does commercial & real profit mean.
1.What is the implication if profession tax not remitted in time ?
2.which website will provide stamp duty rates for all states ?
3.If holding company is transffering any fixed asset to its subsidiary.will the holding company has to pay stamp duty ?
Live Webinar On Drafting Techniques For Gst Officers And Staff
Certification Course on How to Automate Your CA Practice or Business