Is it compulsory for a partnership firm (The firm is subject to tax audit)to file its return electronically ? Or whether return filed manually would be accepted ?

A Company is in the business of letting of property for commercial use.A relative of one of the Director intends to start a trading business at one of the properties owned by the Company and pay rent as a percentage of turnover.Can the Company avoid service tax libility by accepting rent as a percentage of turnover ? What about the TDS implications ?

Present UPA government fails to bring any major reform which can further accelerate the growth rate of Indian Economy . So can our Present high growth rate be sustainable in long term ?Can we dream to achieve double digit growth rate Like china?

how to distinguish between 194C &194J while deducting tds on advertisement?refer some cases & web site to explore more.

Can hotel industry eligible for claiming additional depreciation under IT act

sir i need check list of hotel industries

Sir,

I have purchase property for Rs. 5 Lac in Nov'2000, Today the market value of property is Rs.20 lac. At Present I am residing on Rental basis in Delhi.

Now, would like to sell the property and the same amount will not to be invested in other Property.

I want to know that I am liable to pay capital gain from the property or its exempt from tax.

Pls give me your valuable advice.

Regards

Baljinder Singh

Hello Everybody

I am Balaji working in Muscat for the past 1.5 yrs
I am also doing my CA Final & going to appear in this Nov 07.
Is that possible to come back to India now for settle in India or i must come after completing my CA.
If it is possible to settle in India now
can any one help me in this regard

Thanks & Regards

Balaji Sarangarajan

I have a property in minor name and have pAn allotted and income is clubbed with his parents. The rent received is more than 8 lakhs pa. Weather to apply for service tax in the name of minor or with that of parents. Since Income is clubbed as per ITax Act No such provision under service Tax. How to show his St returns if clubbed with that of his parents.

we want to querry that , we are having one partnership unit and we want to setup a Unit-II in same name and same partnership structure.

Will these two units be assesed as one unit in income tax and all depriciation ,Fringe benefit Tax and exemptions will be calculated for combined entity .