The loan taken by government on promissory notes is called Funded Debts. This loan is not repaid. Only interest is paid on them by the government. Why?

Right now, I am practising as a CA (Partner)in a partnership firm... I also want to start Individual practice. My queries are - whether can I practice in both capacity? If yes, what is the procedure to obtain individual cop? Also, if I start Individual practice, will it have any impact on the partnership firm?

Hi,

can any one please help me the procedure for applying and receiving donations from NRI's!!! we are government local authority.

HELLO WE HAVE INCORPORATED A COMPANY AND AND HOW TO DISTRIBUTE PROFIT FROM CURRENT ACCOUNT I MEAN HOW TO WITH DRAW MONEY FROM CURRENT ACCOUNT.

Hi, There are so many committees are there in ICAI. I would like to become a member of the COMMITTEE and wants to provide service. Plz let me know the process.

Dear All

One of my client is installing a fresh Agro Industry. The Instalation period is one year. He want first a term loan is sanctioned for building and machinery and after instalation CC Limit is sanctioned. Now, How we should make a project report for this.

Show we show any working capital in the project report for term loan.

Thanks

Please reply some body.

Hello,
I have a doubt regarding filing of "Non Resident" income tax return

He didnot have citizenship in India and also he is non resident

He sold a property in india what are exemptions can claim by him u/s 54?

what are ways for non filing of income tax return by Non resident??

If he paid all taxes regarding sale of thatproperty is that mandatory to file the return??

Is DTAA provisions applicable if he sell property in India?

Note: he is non resident he is not NRI
Read more at: https://www.caclubindia.com/forum/non-resident-filing-of-return-343960.asp

I am a senior bank manager taken leased accommodation provided by bank @ Rs. 22000/- PM. The flat which was provided is registered in the name of 3 coownners jointly. Bank wants to deduct TDs@ 10@ from rent. However owner claims that since it is a joint property and the rent is 1/3 share of each TDs cannot be deducted. Also they are ready to open a joint a/c in my own bank to credit rent proceeds if necessary. Bank says since total rent exceeds Rs 180000 pa it is mandatary to deduct TDs. The flat is purchased during the current year by the owners jointly with some other bank loan and relative sale agreement confirms the same. What is the tax law? Is there remedy to come out of this crux. Plz advise.

Sir

I have been holding COP since May 2012 then for six months i joined CA firm as a Paid assistant with Fulltime COP and now if i would join a CA Firm as a paid assistant for 2 years then whether these all will be counted for FCA status as i am continuously holding fulltime COP

kindly guide me

regards

Is there any restriction under FEMA for investing by NRI in plot in India. Can he purchase agricultural land and build a farm house for living of his Resident parents ? Dear Experts in NRI transactions, Pl clarify