Whether the assessee and his minor child can avail the deduction u/s 54EC ie. Rs. 50.00 Lac separatelly. For example if father and his son both have LTCG of Rs. 1 Cr. can they are eligible for deduction of Rs. 50.00 Lac u/s 54EC seprarattly?
Answer nowTotal Turnover for the purpose of sec 44AD is including sales tax or excluding. in trading account the sales is shown excluding sales tax. please confirm..
Answer nowmy client doing work in company ...
example:
abc company provide to work our client for semi finished goods product fabrication work and then our client doing work and then send to abc company.
Abc company provide Semi Finished Goods Product with Material only our client working some special work in this prouct..
So can i register with Business Auxilary serivce or work contract
abc company is excise unit .
reply urgnet
can be claim exemption when file tax return. if employer not given exemption.
Answer nowwhat is the difference between Credit sales and Accual income
Answer nowis it possible for a sole proprietorship to insured himself under keyman insurance scheme ?
Answer nowDear experts , please let me know can a public ltd company give loan to its partly owned subsidiary and associate companies if they have a common director.
Please Help.
I am little bit confused about ICAI wording relarting to allowable leaves to article assistant. n layman's term i am saying that i wad taken leave for study for 176 days i.e.(128 days first attempt) and (48 days for 2nd attempt) including exam days. Apart from such leave I was always on leave each month for approx. 3 days each month for pretty reasons. Hence total pretty reasons leave (not for final study) = 90 days. I want to know whether my articleship period has been extended or it is within limit ? Please reply in simple layman's term. Because there is so mush mess in interpretation of ICAI language.
Can we Avail Input Credit of Service Tax on Bank Charges, Inspection Charges, Interest on Cash Credit Charges, Interest on Bank O/D.(If Any), Letter of Credit Charges, Processing charges, Inspection charges.
As of Now - Letter of Credit Charges Charged by Bank - Can we Avail Service Tax.
and Other Charges.
Can List Out.
We are Manufacturer. (Excise as well as Service Tax) Applicable.
Thank You in Advance......
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Deduction u/s 54ec in case of ltcg of minor child