One of my client is changing the constitution from prop to partnership

He is already a RD.

Suppose he enters into partnership on Day 1, When should he intimate Sales Tax Office, What are the procedures at Sales Tax Office.
Can Firm take voluntary Registration ?
OR Firm will be liable from Day 1 ?

Will firm have to pay Registration fees of Rs.5000 & Deposit of Rs.25000

URGENT
Regards
Rakesh Jain

the provision of written off the whole low value asset i.e. less than rs.5000 as an revenue expenses. i want to know that this provision is in exsistance or not?

Mr. A is mfg some goods in maharashtra and installation is done in Kerala state. The activity is such that specific goods are made as per purcahse orders in maharashtra and then transferred to the kerala state as CST sale(Taxed @12.5%). Instalation is done in the other state and charged seperately.

However customers in kerala states deduct WCT TDS and the dealer cannot claim that because he does not have registration in kerala.

Whether paying tax in maharashtra is correct as per above facts?

The party is executing contracts in various state following same practice as expalined abpve and every state is deducting WCT TDS which is a loss for the party.

Please guide on the same issue.

Is there any ceiling on amount of loan
which can be given by pvt Ltd company
to its director.The company is nither holding or subsidiary company of any public ltd company.

Will this loan amount will be considered as perquiste in personnel income of director under income tax law.

1.whether income of the society is exempted u/s 10(6)(xi)(v). if not than which income tax form is to be used to file income tax return. 2.society is running school .income and expenditure have profit. what is the proper head of income for this profit. 3.if gross receipts is cross 10 lack , tax audit is necessary for this school. 4.society had not yet applied u/s 12A(a).whether society is elegible for exemption.

Whether CENVAT credit is available for service tax in respect of services such as auditing, financing, etc.

Is their any specific provision in Income Tax Act as to who is responsible for deducting the TDS amount while making payments to an NRI customer, for the sale transaction executed by the customer under Portfolio Investment Scheme.

WHether Bank or Broker, who will responsible for deduction of TDS amount and in which given section it is given?

Please provide its solution.

what is implication of Section 143(2) if a notice is received from taxation department.

kindly advise.

Thanks

A foreign National holding PIO card in India and would like to work as a marketing consultant. Can he get himself as consultant in India and chanrge and pay service tax.

if yes what paper work is required.


please advise

A foreign National holding PIO card in India and would like to work as a marketing consultant. Can he get himself as consultant in India and chanrge and pay service tax


please advise