Sir,
My friend has developed some applications and are downloaded by users from Google Play. The applications were developed with the intention that the income will be the income of my friend but for which no written document was created. The name of developer in the application is son of my friend. The income by way of advertisement is coming from Google in foreign currency converted to INR in the joint account of my friend and his son. The son is the primary account holder. My query in this regard are:
1. Whether the income so received be considered as income of my friend?
2. Whether any written document is required in this regard?
3. Whether the income so received attracts Service Tax?
I hav a HUF property and get rents from the house in my home town. Can i distribute the rental income to my son daughter and a wife so that I need not pay incometax as HUF.
Shall I have to make a WILL or with nregistered Will can i ask the tenant to pay ren directlly to my wife and son in some proportion. Is wil mandatory ? I have only one son .
Sir,
1.In a hospital, regd as company with 15 crore authorised capital ...can the same person be the MD &chairman at the sametime?
2.In an extended AGM can the board of directors pass such a resolution?
3.Is there any minimum shareholding requirement to be eligible to be appointed as above?
Dear Expert,
Plse solve my doubt " is producer company chpt is change" . my lot of friend told me that now producer co is as per companies act 2013 instead of 1956 & there is a change in chapter.
Plse do urgently reply
dear sir i have received a notice from it department for non file pan number for transaction involved under sec 114B and 114D. now what can i do?? wheather i submit my pan no to it authority
what shall we do for invalid returns according to provision u/s139(9)
Respected experts:
I am a married man of 34 years of age and pursuing CS Professional. I failed in December 2016 attempt . I am in full time job as a school teacher , i want to complete my CS but i think that my age is 34 & if it takes 1 to 2 years to complete , shall i get any job at 36 to 37 years of age to get company exposure after my CS ?
Kindly help he in this regard .
And please also advice me some exam preparatory tips as i do self study .
Thanking You
Yours Sincerely
Ashwani Singh
Taxable profit