PLS HELP ME HOW MUCH SALARY IS TO BE PROVIDED TO THE WORKING PARTNERS FROM THE FOLLWING INFORMATION.

1)BROUGHT FORWARD LOSSES TO BE SET OFF
A) DEPRECIATION LOSS- RS 5,00,000
B) BUSINESS LOSS - RS 5,00,000
2) CURRENT YEARS PROFIT AFTER PROVIDING INTEREST ON CAPITAL - RS 1,00,000

IS IT IS RS 82,500[67500(90% OF 75000)+15000(60% OF 25000)
OR
RS 50,000/-(MINIMUM TO BE PROVIDED)

person having two different property's on different locations and both the property's are let out for single tenant, on which rent paid on each property does not exceed Rs.1,20,000/- P.A.but the aggregate rent paid exceeds Rs.1,20,000/- P.A.

whether the tenant was liable to deduct TDS or not?

Can anyone please give me the tax rates for Advance tax calculations for the AY 2010-11

On conversion of a Unlisted Public Limited Company into an LLP, all the shareholders of the Co. become Partners in the new LLP.

My query is that at the time of executing the LLP Agreement who need to sign the Agreement?

(Please note that here the no. of shareholders turned partners may be in hundreds.)

Further, what will happen if one of the shareholders refuse to sign the Agreement or participate in the new LLP.

Thanks & Regards
CS Rishi Vyas

DEAR SIR/MADAM

1. AN INDIVIDUAL ASSESSEE DOING A COMMISSION BASED BUSINESS HE WAS RECEIVED 2,00,000 COMMISSION WHOLE OF THE YEAR I.E. EQUAL TO 2% OF 1,00,00,000 TURNOVER.
(A) HE IS COVERED UNDER SEC. 44AB OR NOT
(B) 44AB IS ONLY TURNOVER BASED OR
COMMISSION RECEIVED ON WHICH TURNOVER.

2. AN INDIVIDUAL ASSESSEE DOING TWO BUSINESS. HE MAINTAIN SEPARATE BOOKS OF ACCOUNTS FOR TWO BUSINESS. HE PREPARED P&L, CAPITAL AND BALANCE SHEET OF TWO BUSINESS SEPARATELY.
(A) HE IS DOING A TOTAL TURNOVER FOR WHOLE OF THE YEAR Rs. 30,00,000 ONE BUSINESS. AND 25,00,000 ANOTHER BUSINESS
(B) HE IS COVERED U/S. 44AB OR NOT, 44AB CLASIFIED INDIVIDUAL BUSINESS OR COMBINED. PLEASE TELL.
THANKS IN ADVANCE

Hello,
In tally 7.2 this is my first time making entries in tally . see i have some petty cash which is used for expenses... so in tally what entry first i have to make like payments or contra or journal ....
please help me

Muskan

cn any one provide me the format of resolution of registration of NBFC with RBI.
its urgent.tks in advance

what is the difference between shareholder, member and subscriber.

tks in advance

In partnership Firm, there is interest to be paid on capital, what rate will applicable and what are the conditions after the partners remuneration calculation interest and deperication amt add or less please let me know

I have deducted TDS @10.3% from broker & deposited into Govt.A/c. The entry of TDS has been passed at the time of payment (but not at the time of due). Now the TDS amount on brokerage @10.3% is not being tallied with actual TDS deducting deposited. How I will reconcile the brokerage with TDS. If varied, then how it will be rectified?