How will be the tax treatment if a person is getting retired within 10/11 months from formation of firm and little before the prospective sell proceeds which may come of LTCG, assuming that he is selling stock to another individual, then what will be the tax treatment and revenue sharing treatment for

a) Outgoing Partner
b) Incoming partner assuming that partner deeds speaks for
a) Interest Provision b) dose not have interest provision

Its urgent.. Someone Pl. answer at the earliest.

whether the exemption under section 5 of wealth tax is limited to one plot of land less than 500 sq meters or n number of plots of land less than 500 sq meters per plot are exempt.If n number of plot are exempt please quote a case law

sir If one has one residential house of 400 square meters and three plots of land less than 500 square meters per plot and located in different places if he doesn't take exemption for residential house,can he take exemption for all the three plots of land?

Can a Private ltd co. provide Income Tax, Service Tax or any other tax related service by means of its directors who are chartered accountant?

Is an I. T. Professional required to register himself in state of Maharashtra under Profession Tax Act

I am new practicing CA. and starting my own practice .I wanted to ask the hows to make round stamp and rectangle stamp .I.e. after writing my initial (CA) followed by my whole name , should I mention sole proprietar . or please give me the some example.

Hi I m a CA final Student from Ahmedabad and I will complete 2 years of Articleship on March 1, 2014 in Ahmedabad. I want to go for Industrial Training in Pune after completion of my two years Articleship in Pune as m getting married in Jan

Can anybody tell me the complete procedure for transfer and industrial training. I have tried every possible way to find out but could not get a proper guidance regarding the same.

Kindly guide me regarding the same. Its quite urgent .Thank you.

Dear Sir,

In case of LLP(Limited liability Partnership, who is required to take PTEC? the LLP & partners both or only partners will do?

Hello Expert



I want to register the Charitable Trust and i am in Gujarat.


Please guide under which act i required to make registration and what are the document required for the Same.

Thank You

Case:
Incorporation of JV in Soth Africa.
One Director of Foreign partner holding shares. After that he retire and transfer all his shares to indian two partners. After that one new foreign partner appointed and transfer some % of shares to that foreign partner by both indian partner.
Whether it is consider as Full/Partial acquition of a foreign concern as per Form ODI, section B ?