I have purchased machinery in name of xyz but now firm is running in name of abc , xyz n abc r same firm with same proprietor n same number with same business (name of firm was change from xyz to abc)Can cenvat credit b availed by abc though machine was purchased in name of xyz?

In Sec.44AD, we tax 8% profit on turnover and if we have to show less than, then accounts should be audited u/s 44AB provided t/o is less than 1crs. in ITR-4S. But if t/o is less than 1crs. and we are showing profit after deducting expenses from income in ITR 4 , and such profit less than 8% of turnover, then accounts need to be audited?

What are stand by assets which are allowed dep even thought not put two use as per CIT V/S SOUTHERN PETROCHEMICALS IND LTD (MADRAS)

private limited company can compulsory for appointment a company secretary if paid up share capital is more than 8 cr

In regards to Sec 54 of Income Tax Act, exemption is available if:
a) New Property purchased before 1 year / after 2 years of sale of property., or
b) Constructed withing 3 yrs from sale of property

My query is that, will the exemption be available if a property is constructed before 1 year of sale of property, as section specifies 'Purchase before 1 year'.

sir, I have a doubt regarding any limit for cs for signing annual returns. like ca for audits because in co.act 2013 we have not seen any provisions for cs pls giv me reply asap thanks in advance.

Is XBRL filing is mandatory of AOC-4 if once applicable even when we slipped down the limit or we can file normally?

I have a query in Section 186. I am not clear with the language of the law. What does the law want to convey by using this language - "A company to make Investment through not more than two layers of Investment companies" This line is not clear to me, How can one make Investment in Companies through Investment companies?

Sir/Mam, I wanna know that after being CA is it compulsory for anyone to practice in India only or we can also practice in other countries or we have to pursue another course after being CA to practice in another country?

I have a query, can a father let his property to his son and son sublets it for commercial purpose to third party and this way both father and son save tax as total rental income gets divided between father and son, please suggest/give openion.

Many thanks,