Minor whose income is clubbed with their parent has made a donation eligible for 80G. Can his parent claim the deduction for 80 G on the basis of clubbing??

can BBA Student can do a latest scheme of ACT or she has to do Bcom and then eroll please do let me know its urgnetly required

Hi what is the syllabus for PE2 June attempt. Im asking because im not finding CST in new books. Is it eliminated or what? Please help me

Dear Freinds,

Can a person claim the home loan instalment paid by his wife.

Ihave maid a gift of Rs.1.1 Lakh to my niche. I want to record it as gift deed. She is a minor. Pls guide the specimen draft to be recorded for the same. Also who are the persons to sign this gift deed as the donee is a minor.

Ihave maid a gift of Rs.1.1 Lakh to my niche. I want to record it as gift deed. She is a minor. Pls guide the specimen draft to be recorded for the same. Also who are the persons to sign this gift deed as the donee is a minor.

I need Format of Dissolution of partnership deed where one partner take over all assets and liabilities of the firm.

Thanx in advance

Sir,

If an Advocate who is in specified profession under sec 44AA has an income of Rs.152000/- in his newly setup business for the assessment year 2008-2009. whether he was required to maintain books for the A.Y-2008-2009 or is required to maintain books for the A.Y-2009-2010.

Sir,

An Indian company share was held by a foreign company,British Virgin Islands. In 2004 the shares were purchased by a NRI the purchase consideration being made through Saudi Arabian bank Account.

My doubt is investment in indian company share by an NRI the source being his salary earned in saudi Arabia will attract an income tax? Will there be any tax on the source which he used for purchasing the shares of the Indian Company?
Regards,
Priya

A unit is not considered as a SSI , if the T/o limit crosses 400 lakhs in the preceding year.
after this criteria is full filled, we can decide if a unit can avail exemption from excise upto Rs. 150 lakh value clearance.

My question is
Q 1. If NEWLY ESTABLISHED UNIT in FIRST YEAR OF OPERATION crosses Rs.400 lakhs can it be a SSI?
Q 2 .If yes can the exemption notification no.8 be given to such a unit?