Can clubbing provision attract when giving gift to his father in cheque through gift deed?
dear sir/madam,
my client has 6 buses. He has entered into a contract with corporate entity where hi charges a monthly fix rate for a bus and a route is fixed for each bus.
If bus runs for extra k.m. as fixed by contract then additional fare would be charged for that excess k.m.
Now main question is that whether he would be liable to charge service tax..? If yes then at what value..?
As per reverse charge mechanism who will be liable to pay service tax..?
And he has 2 other buses also which runs on order. Whether service tax is applicable on the same or not..?
When a father HAS GIVEN THE GIFT IN FORM OF DEPOSTING CHEQUE BY WAY OF RS MORE THAN RS 1 L IN CHEQUE , IS CLUBBING PROVISION APPLICABLE?
HOW INCOME TAX IS TRATING THIS GIFT ?
TO WHOM taxability is applicable?
I have made gift deed on stamp paper with witness.
Pl suggest the recommendation.
Sir, Kindly provide a object clause of a surgical equipments manufacturing company.
who is liable to pay service tax in case of maruti suzuki india ltd.. for the purpose of extended warranty, Dealer or manufacturer?
We should bill client a single bill against the P O for clients but our material dispatch to the site multiple times. What procedure should we follow to raise a esugam during sending the materials.
When we pack the goods to send it to the customer's place and the packing is necessary for it to reach the customer .. Is it primary packing or secondary packing and where would this appear in the final account ?
hii all,
i would like to state a following case where the land is owned by father for resi. purpose bt later on same is developed by his son with some commercial shops and residential flats and same is sold by the father commercially other facts are all the exp. of development is incurred by the son having loans and advances from father
My queries are:
1.How can i account for the money received to son from his father where it can term as advances for development of land and later on at the time of sales by sale deed son will account for his commission income.
2. whether the commission income paid to son is allowable to father or not?
3. The same is case of conversion of capital asset into stock in trade ? so father will be taxed in both ways as capital gain and business income but whether he would get deduction of whatever he pays to his son for development from his business income.??
Reply soon with details
thanks
for any further clarification pls ask for the same.
Dear Experts,
For satisfying the requirement of furnishing Duly Certified Copy of MOA and AOA in case of change of name of Private Limited Company as required by ROC, each page of MOA and AOA (including Subscriber sheet) is required to be sealed and signed by any one director of the company and writing the words "Certified True Copy" on each page of MOA and AOA.
Whether The seal/rubber stamp should bear new company name or old company name?
Please guide me whether I am correct in above or not? If I am incorrect, then please provide the correct procedure?
Hi sir
i have completed my pcc exam in the month of nov 2012. now i am in perplexity about the ca final attempt in the may 2013. but still i did not take classes anywhere due to not knowing about it.
but i would like to give attempt in the month of may 2013. but up to may 2013 sfm (strategic financial management) would only be completed.
please suggest me that whether am i eligible to appear in may to get exemption of mafa.
and also suggest me the coaching centres in hyd as well as in chennai.
thanking u sir
Phanindhra kotha
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Clubbing provision