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 .

Is Fbt applicabe on vehicle hiring charges & under whice section and act

Plz clarify me the exclusion & inclusion of certian period for computing(captal gain) the period of holding of an asset.[Explanation 1(i) to sec 2(42A)].

Thanks

i need the details of documents that can be demanded from the previous auditor in case of change of auditor

Hi friends,

Kindly bless me with your valuable advice on the following matter in light of the limited information available.

I would appreciate a quick and professional response from your side:

Facts :

An Indian Company - A ltd
Its sister concern in Singapore - B Inc

An australian citizen (Mr.X) is rendering services to B Inc.
He is on Indian payroll, hence his salary is being paid by A Ltd.

Issues :

a) Taxability of Indian Salary in India and Singapore?

b) What is the better option of paying salary to Mr.X ---- In his Indian account, if possible to open, or in his foreign bank account?

Thanks and regards

CA Ahmer Ammar

Hi friends,

Kindly help me out on the following matter:

" When an NRI becomes an Indian resident, and brings his assers to India, does he have to give detailed explanations regarding the source of his assets?"

Kindly bless me with a quick and professioal advice

CA Ahmer Ammar

Hello friends,

Kindly give me your view with proper support on "whether a person, who is a resident and not ordiarily resident become a partner in a business in India?"

Will appreciate a quick response...

Thanks a lot in advance

CA Ahmer Ammar

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