Sir,

One of my friend is running a Partnership firm. He and another person were the partners.
Now, that another person is retiring from the partnership and a new person is entering the
partnership to join hands with my friend. The exclusion and inclusion of partners comes into
effect from 01.04.2022.
Can he make a single deed combining the outgoing partner and the incoming partner or a separate deed has to be made for each ?
How should we communicate the change in the partnership to the income tax department ?

Pls. advice.

Dear Sir,

One of my client is purchasing a new property in which she wants to keep her husband as the owner of the property whereas she will be the sub-owner of the property as she already has another property in her name.

The housing loan got approved in the wife's name hence bulk of the payment for purchasing of the property will go from the wife's account.

My query is will there be any compliance issue if the property is kept in the husband's name considering the above factors. The property will be kept on rent and the rent will be received in husband's bank account.

Regards,
Divyesh Jain

sir,

Whether a partner of an limited liability partnership can withdraw amount standing in his current capital account of Rs. 1000000 (Ten Lakh) by cash.

Dear Sir,
Our Turnover in F.Y. 2021-22 was more than 15 Crore (exclusive of gst),
1) Now in this F.Y. 2022-23, we have purchase some goods from 1 Party & the total Value of Bills was more than 50 lakhs but without gst bills value was less than 50 lakhs. I want to know for calculation of 194Q whether we have to check Transaction Value inclusive of gst or exclusive of gst.
2) For Section 206C (1H) TCS will be levy on Invoice Value inclusive of gst or exclusive of gst.
Kindly Clarify.

Hi,

Vendor has raised a invoice with 18% GST with 998311 SAC code for the services provided by his employees to our compnay as a contractors.
While making payment to vendor company do we need to deduct TDS?
Because we dont pay salary to his employees directly, vendor company makes salary payment to his employees.

please clarify

Thanks
Sai

How to submit Form-27C?. Is possibility to file Form 27C in Online, kindly tell step by step procedure to file form 27C.

Sir,
A it person some shares transaction money pooled from friends and relatives received through on online mode.
Question:
1.Money pooled from friends and relatives
transaction show procedure in it act.
2.money received amount minimum and maximum rate interest paid in it act.
3.tax applicable on pooled money amount.

A client is having cows and selling milk procured from them. Can the experts kindly tell the taxability of this income...

can promoters sell their 50% share in pvt ltd startup without paying cap. gain tax?
Should investor invest directly in pvt ltd company ?
but in this case, promoters cant get back money, right?
promoters dont want salary /remuneration etc.
my view-->unfortunately, there is no way promoters can avoid cap.gain tax
regards, ca kunjan

what is the accounting proceedure for accounting subvention income invoice received from bajaj finance ltd to a dealer dealing in electronis?is TDS u/s 194h is applicable while remitting by the dealer to bajaj finance limited?