RESPECTED ALL,

FOR CALCULATION OF GOODWILL IN A PARTNERSHIP FIRM BY AVERAGE PROFITS METHOD, HOW MANY NUMBER OF YEARS WILL BE CONSIDERED. EITHER AS PER LAST REVISED PARTNERSHIP DEED OR OLD PARTNERSHIP DEED?

WITH REGARDS
BALU

If an organization have 30 employees and all are drawing Rs.30,000/-per month what will will be the PF treatment?
Whether PF registration is to be taken? whether to deduct PF?

Dear Sirs, I am likely to buy a land located in Bangalore belonging to two joint holders who are NRIs. One of the joint holders, the husband, has executed a GPA in favour of his wife (another joint-holder) on a 200 Rs. stamp paper and executed this in front of a Notary. Please advise: 1. Would this GPA entitle one of the joint-holders, (wife) to execute the final sale deed with us solely as the husband is unable to travel to India now? 2. Would a non-registered GPA be accepted as adequate for a sale transaction?

Sir, I am likely to buy a land located in Bangalore belonging to two joint holders who are NRIs. One of the joint holders, the husband, has executed a GPA in favour of his wife (another joint-holder) on a 200 Rs. stamp paper and executed this in front of a Notary. Please advise: 1. Would this GPA entitle one of the joint-holders, (wife) to execute the final sale deed with us solely as the husband is unable to travel to India now? 2. Would a non-registered GPA be accepted as adequate for a sale transaction?

My both child brcome US CITIZEN, what effect on bank account, investment in shares, mutual fund, property. where they inform (;to bank, IT Dept. govt. dept. consulate etc.?) please clarify & advicr

I am a freelancer IT engineer and a citizen of india residing in india. I had deliverd some online lectures to some of the US students from india. Now they want to pay me for my lectures and want more lectures on IT for which they are ready to pay. Should i direct them to transfer money to my normal saving account in SBI/ICICI or should i open a new account. they will be paying me 3000-5000 USD per month for 50 lectures i.e USD 100 per lecture but they will be paying lecturewise not monthwise So what i will be getting is usd 100 or 50 , but frequently in a month. pls also tell me the tax implications here in india ?

PRAKASH

As per section 29 of the insurance act an insurance company can give loans or advances to any director, manager,actuary or auditor only on life insurance policy issued to them within surrender value.. Does this provision override section 140 subsection 3 and 4 regarding indebtedness of auditor... it was nowhere mentioned in section 29 of insurance act .

A person is running a business of Hire Cab. This he doing exclusively for earning his livelihood.
He purchased certain cars from a certain Car Company. He found defects in a particular car.
Now he wants to file a case against the car company.
In the above situation is he a consumer as defined under Consumer Protection Act?
Can he file suit as a consumer under Consumer Protection Act ?

are the amendments for ipcc nov 216 law available? If yes,then please provide with the PDF

If a private ltd co has given loan to its directors which do not satisfy the 2nd condition that is loan foem banks or financial institution twice of share capital or 50 cr whichever is lower??
Then what is the further procedure how it is to be dealt in financial statements under tax audit ???

Reply as soon as possible.