Dear Experts,
Please Reply for following query-
Case
A firm purchased an assets (Say Building) in P.Y. 2010-11( Say 31 march 2011) for Rs. 5,00,000.
In P.Y. 2011-12 firm got dissolved and said assets transferred to one of the partner of firm for his claim of Rs. 10,00,000.
Fair market value of the assets on the date of transfer was 7,00,000.
In P.Y. 2012-13, such partner sold that asset for Rs. 9,00,000.
Query 1
What would be the capital gain amount in the hands of Firm for P.Y. 2011-12?
Query 2
What would be the cost of acquisition in the hands of such partner for that asset?



Thank You

Dear Sir/Madam
client provided service before it's service regestration.now the service registration has finished
Shall i file the returns for that services which provided before regestration.

Dear Sir,

I passed the CA final & got registration no. But I have not COP (certificate of practice). At present I employee in limited company as a finance advisor. So, pl advise can i sign the 15 CA & CB certificate without COP.?

Dear Sir
I want to know that is there service tax liability on transportation charges charged by vendor on behalf of the transporter by issuing separate invoice for transportation charges, is vendor is liable to service tax while raising the such invoice?

what is the due date of filing return of trust? ITR-7 latest format is not available on website can it be filed in old format?

what is the current rate of additional depreciation as per income tax act on new plant & machinery.

Thanks

Dear Experts,

what are the regulations to be followed to open a branch in other state by an indian private limited company ?

whether any registration procedure has to be followed or with the same CIN number, can we start our activities in other state.

what is the resposibility of CA while signing the project report (of loan).

what documents he has to collect from client to get relief in future for any inconvenience

Dear Sir/ Madam,

Our manufacturing unit started in F.Y 2012-13, our turnover for F.Y 12-13 is 41 Lakhs.
Now in this financial year 13-14 in first quarter turnover is 1 crore . Then my query is- is it required to give declaration of turnover crosses 90 lakhs now or it will consider in next year? or if turnover cross 1.5 crore in next coming months we can directly go for registration?

A Private Limited company is providing Business Support service and it is registered for the same. Now the company has to pay service tax for cab hire services under reverese charge mechanism. Under which code the payment of tax is reqruied to be made. At the time of filing of return we have to select cab hire service as tax liability is 40% of tax while in other cases it is 100%. Please guide in this matter.