Query:
Suppose A (Partnership Firm) and B (Ltd Co) want to Form a Fresh partnership for certain joint work. In the normal way they share PSR in equal or at ascertain ration mutually decided e.g. 25:75.
However, can there is specific condition can be place in agreement. Suppose the A will get out of total sale profit on (80% of sale - all expenses) and B will get profit on remaining sale – any other expenses?
Can the above said clause, we can put while drafting the partnership deed?
plz ans my query
whether cutting of leather for making shoes/apparels is manufacturing(as per sec2(f) of central excise act)or not?
my relative is a govt. employee under state govt. of jharkhand. after 6th pay division he recieved lumpsum arrears of salary during Assessment year 12-13, he duly paid tax on all the income received during AY 12-13 and duly filed return as well, but failed to claim relief U/S 89(1). can he claim relief now...? if yes then how much time is still left to claim.....
What are the Provision for Claiming SAD Refund, or SAD Credit can be Taken.
Is provision Differ If Importer is Dealer or Manufacturer.
State With provision and reference.
Dear sir/mam,
i am a CA final student ,my attempt is due in nov.2014, and i have to give CS executive exams, new syllabus (both modules)in dec.2013.
what training i have to undergo within 6 months of registration??
is there any exemption from such trainings??
Do we need to file Form 23 also alongwith Form 32 in case of change of designation of director from director to managing director in a private company
Sir,
Mr X is a leading business tycoon in Delhi and is having ample black money. He took an Insurance Plan where he is supposed to invest his black money. (He has managed the Insurance Company's Officers and has not given them PAN). He wanted to show it as income earned out of Agriculture. He has shown enough Agricultural Land holding so as to repeal any doubt in the mind of any layman. Even that Agricultural land is also ancestral which was transferred after the death of his father of by way of gift from his father and he has not bought a single piece of agricultural land thereby not leaving a trail of his presence in Land Registry Office. He will wisely and smartly manage the Agricultural Receipts (Patti) yearwise. He is supposed to pay Rs 90.00 Lakhs over first 6 years. After 6 years for next 14 years that money will remain invested with the said Insurance company. In the 20th year he will be in receipt of Rs 3.00 crores. My question is WHETHER INCOME TAX DEPARTMENT CAN ISSUE ANY KIND OF NOTICE for this Rs 90.00 lakh invested under any Section of Income Tax Act?
As IT Dept cannot issue notice beyond 6 years, what remedy lies with the department.
Kindly Reply with Section Numbers and decided Case law if any.
I have attended the Gd for articles and still to finish technical rounds 1 and 2, but I didn't have any idea about them. What should i prepare and how, what r the things to concentrate much
I must think u..... experts becz I have cleared Gd with ur help
Thanks
Phani
Dear Sir
If its special duty so, give me advice we can take credit of propos net P.cess amount inclusive in Ed.Cess or S&H Ed.Cess either we can only take credit less the propos net amount of P.cess from both Cess?
Gautam
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
On partnership deed