Dear All,

There are two brothers carrying on a teaching activity jointly under one name.so whether it should be treated as partnership firm?

What if we don't want to treat it as partnership firm.Can we treat it in individuals name by entering into MOU??or any other options we have???

A company was incorporated in Nov'13. The director haven't put any capital into the company . If we prepare the balance sheet for Mar'14. we have to Dr. Share capital receivable and Cr. Share Capital,
1.Do this Share capital receivable represent loan give to director ,
2.Will it attract penal provision of new company act for giving/taking loan to director,
3. Can we prepare 18 months balance sheet to avoid this.

Being a company , we are to make a payment for professional services to U.K.
UK company do not have PE in India.
Whether we are to make TDS on this payment or not ?
As per DTAA this is exempted from TDS after submission of TRC by UK company but even after submission of TRC whether we are to make TDS @10% as per 115(a). IF we are to make TDS then how we can deposit it because the UK company do not have PAN of India.

Regards,
Sanjay Chauhan

Hi,

I have short term capital loss during the last 3 years. I have not included those during filing of returns.

now I had short term capital gain in current year, can I set off those pervious year loss by filing revised returns.

by what time I should file those revised returns

what is form no.15 g and who is liable for this type of form

We paid TDS online banking from PNB. We forget save the challan. can i print the challan again.

Service of cleaning government hospitals - whether taxable or not?

Dear Sir/Mam,

A car is purchased by our company but it is in the name of Director as follows:

Mr. ABC
C/o PQR Pvt. Ltd.
A. B. Road, Indore

Whether Depreciation can be claimed U/S 32 of Income Tax Act???

Thanks

Can any one share with me draft format of letter to be submitted to RBI for condoncation of delay of export bills outstanding for more than 1 year.

I have purchase a flat in indore Madhya Pradesh a sum Rs 2500000 and registration valve of the property is rs 2650000.

we have paid rs 1500000 in May 2012 and balance Rs 1000000 was paid in March 2014. Property has been register on 31st March 2014.

we want to know applicablity of VAT tax , Service Tax and Capital Gain on such property.

kindly provide me a best suggestion.

Thanks & regards