A Partnership firm is converted into a Pvt Ltd Company. Central Excise Registration of erstwhile firm was surrendered and new registration is taken.
Now, should we consider the clearances made in erstwhile firm for claiming the benefit of SSI notification or we get fresh limit of 150 Lakhs

which is the best book of isca for self study?at present i m refering dinesh madan sir's book..this is very easy to understand but in exams i am not able to score good marks in this subject?which book i have to refer and what strategy i have to adopt for study this subject?

Can a partner take a loan from LLP?

Can Loan amount exceed partner's share of contribution ?

In Balance Sheet where it has to be shown?

AN ASSESSEE DOB IS 05/05/1995, SHE BECAME MAJOR ON 05/05/2013. SHE IS EARING COMMISSION INCOME OF RS. 400000/ ON WHICH TDS IS DEDUCTED U/S 194H OF RS/ 40000/- DURING FINANCIAL YEAR 2012-13.
NOW MY QUERY IS
IS THIS INCOME IS CLUBBED IN THE HANDS OF PARENTS?
AND IF INCOME IS CLUBBED THEN UNDER WHICH HEAD OF THIS INCOME AND WHAT KIND OF ITR FORM SHOULD BE USED TO FILE INCOME TAX RETURN?
CAN WE CLAIM EXPENSES ON SUCH GROSS RECEIPS?

Sir

i am working in PSU where our company has given a contract to a non-resident company for supply of plant and machinery.and foreign company has given lower deduction certificate u/s 197 of Income Tax Act. our PSU is paying money in Indian currency. we are currently deducting TDS in U/s 195 on income tax.

whether we are correct or not. please guide me form no 15CA and 15CB will be applicable in in this case?

My father was holding the agri. land of 11129 sq. mtr., rcvd from my grand-father. In 2010, the same land converted to NA land in Aug-10. The same land sold out in Sept-10 to the HUF.
1.What kind of Capital Gain to be considered?
2.which valuation report (as on 01.04.81 OR Aug-10) to be considered for indexed cost of aquisition?
3.how to calculate the indexed cost of aquisition?

Pls reply ASAP. Thans N Regards.

RESPECTED SIR,

I WANT TO ASK A QUESTION THAT IF A PERSON RECEIVING SOCIAL SECURITY BENEFITS AND PENSION FROM USA WHICH WAS TAXED THERE ALREADY ...
1) DO WE NEED TO PAY INCOME TAX AGAIN HERE IN INDIA?
2) IF IT IS EXEMPT, DO WE NEED TO SHOW IT INCOME TAX RETURN? IF YES, UNDER WHICH HEAD AND HOW?

PLEASE HELP ME SOLVING THIS....

THANKING YOU IN ADVANCE...

SAGAR

Dear Sir,
I would be extremely grateful if anyone could enlighten me about the courses along with necessary details, in India, for specialisation in internal audit.
ICAI has put its couse on a hold since long.
Thanks

i want to know for how many attempts exemption is valid ?

GREETINGS,
ONE OF OUR CLIENTS IS A MANUFACTURING CONCERN AND THEY WANT TO COLLECT MONEY FROM THEIR DISTRIBUTORS PURPOSE BEING SECURITY DEPOSIT AND THEY ARE WILLING TO PAY INTEREST ON IT, BUT MY DOUBT IS THAT SINCE THEY ARE A PRIVATE LIMITED COMPANY THEIR IDEA IS AGAINST THE PROVISIONS OF COMPANIES ACT, PLEASE SUGGEST.