I have a query regarding salary to be paid on monthly basis to working partner(2) in a partnership firm. Example : Firm with 2 partners and capital of Rs.50000/-. How to calculate monthly salary for both working partners with some examples of Profit or Loss.

Sir i want to know about the aggregation rule for cash payments received above 2,00,000 and above for sale of goods and services.

Whether we have to take per person 2,00,000 or per transaction above 2,00,000 ???

My father in law wishes to remit Rs., 4 laks to his NRI daughter in USA.What are the options available to him.R.Dayal

A & B are NRI . A & B are proposing to incorporate a company In India with the main object to buy commercial properties & to earn Rental Income in the company.

A & B would give loan from abroad to Indian company and get Interest etc. A & B will also hold 80% of equity shares.

Query

i) Whether Investment by NRI A & B in a company whose main object is to buy properties and earn Rental income is allowable in FEMA.

ii) Is it in Automatic Route or require any prior Approval from RBI.

iii) Any other applicable provision of FEMA for above transactions.

Please reply.
Thanks in Advance

Can any one tell. Me what is the rate of gst of pooja samagri, like ghanti, motiyo ki mala, shankh, bhawan ki brass ki murtiya etc

Hello,
We have a trading firm in auto parts. We import auto parts and sell in India. Now we have sourced a new supplier from overseas and we are keen to start regular business with them. In fact we have approved their samples and placed our first order as well.
While making payment in USD. we came to know that suppliers company name and their bank account holder is different. Bank account is on the name of the director of the company and proforma invoice is on the name of the company. Hence banks denied to make payment.
Can you please help us.

Dear Sir,

Please help me ro get my company TAN no..as my seniors are not providing me..

Hello Sir/Ma'am,

Agar Mein SALE Aur PURCHASE Ki Entry Dalta Hu Tab Dono Mein Hi (FREIGHT & CARTAGE) Charges hota SALE mein hum karte hai aur PURCHASE mein vendor Karta hai tab (FREIGHT & CARTAGE) ko Inward or Outward FREIGHT & CARTAGE ke naam se banau ya ek hi rehne du

SALE ke Liye (Outward or Inward FREIGHT & CARTAGE ledger Under group Indirect Exp) ?
PURCHASE ke Liye (Outward or Inward FREIGHT & CARTAGE ledger Under group Indirect Exp) ?

Sir, I want to start a sole proprietorship regarding e commerce activity, how to register and tell me the process.

Dear Sir , I had Purchased Commercial Property on 15 Feb 2012.As per following Details

Agreement value :2950000
Stamp Duty Paid:184100
Registration Charges :30600
Broker Charges :67000
Meter Transfer Charges :2500
Society Transfer Charges :12500.
Till Date Maintenance & Repairs :240693

Now i want to sell this commercial property @ 50,50,000/- in May 2017
Broker charges would be - 100000
Society Transfer Charges will be - 25000
Kindly help in Calculating the LTCG for this sale transaction and TDS if any need to be paid Can i save this LTCG tax by paying my home loan of other residential Flat

Regards Dhiraj