facts of the case: resident has acquired a property for a consideration of 31,00,000 from a partnership firm comprising 8 partners, out of which one partner is a non resident. seven partners have execueted general power of attorney in favour of managing partner(resident) to execuete the sale deed. now is section 195 applcable or not? if is yes on gross amount or on share amount non resident. and what are the consequences if tds not deducted u/s 195?
To,
Respected sir
I have forgotten the password of login Id of e-filing and which mail id is given at the time of new registration...
Now what is the alternate way to do online login
Please help me in this maater
Thanks & Regards
please anybody tell me urgently, is tds applicable for notary charges paid to advocate? we have paid rs. 25000 notary charges. is tds applicable and what is the rate
Hi friends
I have cleared My CA and I have my membership Number.But Now I want to apply for COP.
I want to know the procedure for obtaining COP.I Know that I have to filled up Form 6 for that, but I want to know whether with this form should I also have to submit Form 117 which is for Approval of Trade Name??
And what is Form 18 which is related to registration of Firm Name?? Do I required to fill that form too???
Hello,
Can anyone explain me that in formula of Material Usage Variance i.e. (SQ-AQ)*SP why we multiply with standard price??
What is the logic behind that?? please explain in detail.
Thanks in advance
Individual sold his land for Rs.15 lacs and purchased 2 Flat's. 1st of Rs. 8,25,000 on his name & 2nd of Rs. 18,00,000 in the name of his son. Please advise on the allowability of exemption u/s 54 of income tax act. How he can get Exemption for capital gain on both Flat's?
For the AY 2011-12 the threshold limit for declaring income under 44AD is Rs.60Lakh. Incase the assessee has had a total turnover of Rs. 40Lakh and his 2 minor children have had a total turnover of Rs.20Lakh each, from the business which he runs on thier behalf. Then, can he still declare the income under 44AD even if it exceeds the limit.
If no,then, should the income from minor child be shown under income from other sources with only the income part?
How is clubbing of income to be done in such a case?
please tell whether these companies are related companies:-
suppose company-A : Shareholding
father - 82% and rest others
In Company-B : Shareholding
with his two sons and daughter in laws
In company-C , these two brother holds share
co-B purchases from co-A
Co-C purchases from co-B
RELATIONSHIP OF COMPANY A&B and CO-B&C
Sir,I do the payment of examination form but PDF file not being generated but balance is deducted from my A/c so, In how many days i can recieve my payment back , due to this i done the payment again.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Reg- sec 195