I need an advise. I am having an offer from hospital. Want to know whether I should join or not. I am presently working in industry. Will it be a amart move to join a hospital
Answer nowHello ,
i want to know about the procedure to apply for articleship after passing 1st group of IPCC???
Right now we have conducted audit of partnership firm, we notice that partnership deed is build up on Rs 18000 stamp paper. but as per our knowledge in Bombay Partnership Act
In Gujarat it is as per Bombay Stamp Act,
So far Capital contribution upto Rs. 50000 it is Rs. 500 increasing thereafter by Rs. 500 each for every increase in capital by Rs. 50,000. Maximum stamp Rs. 5000 in Gujarat.
SO, WHY PEOPLE CREATE A PARTNERSHIP DEED ON MORE THAN RS 5000/-?
WHAT IS REASON BEHIND THAT ?
My client ( NRI) bought two residential flats at different point of time out of salary income earned abroad. Assets are long term assets.
Now he decided to disposeoff one of the property in Sep/Oct 2014. The Capital gains appx 40 Lakhs. He wants to buy another residential flat which exceeds the sale proceeds of the flat being sold.
Quries:-
1. Though he has two flats, can he claim exemption under Section 54 as he is investing into another residental flat. The New flat will be ready in 2016. For new flat he has to pay advance of INR 40 Lakhs.
2. though he has two flats, can he take benefit of 54 for one of his flats as per his choice by not claiming exemption benefit for other flat. This way he still claims benefit for one house only.
3. If exemption benefit not available under 54, what are other modes available so that he gets exemption from Capital gains tax.
Thanks
Venkat
Is VAT rate for cost of tender is 6%?
Answer nowLTCG on mutual fund sale by NRi is taxable or not?
Answer now
Right issue by listed company renounced by shareholder in favour of other person will attract sec 56??
Answer now
There was apparent mistake from in a order passed by commissioner appeals, central excise dept. I applied for rectification of order but i was told that there is no provision in law wherein rectification is allowed for commissioner appeals in central excise. Please suggest.
Answer nowHi, Pls help me with the following queries:
1. Can we claim HRA exemption also if we get accommodation from employer ( not owned by employer but taken on lease from third party) which is valued under perquisites in sub-rule(1) but some part of rent is paid by employee to owner of accommodation?
2. Telephone provided by an employer to an employee at his residence is exempt perquisite only if the employer is a telecom company or exempt for all employees?
3. Kindly explain motor car rent exemption allowance proviion
4. what components of salary should be taken into consideration for valuing perquisite for accommodation?
Thanks,
Loan from partner - Rs.590000/-
Interest paid - Rs.100000/-
As per deed maximum rate is 18%
how much will be allowed as per income tax?
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Whether to accept a job