can any one please say me about commodity market?
i have provided services of rs.8.50 lacs in previous year and i have paid tax now as the limit increased than what i do make my registration cancle or i am suppose to pay tax even i may not cross 10 lacs
A partnership firm establish with a motto to help the foreign buyer to import the goods from India. For that purpose, partnership firm follow up the exporter of India to manufacture and exports goods as per the requirement of the buyer. For this service, foreign buyer pays the fixed service charges to the Indian partnership firm. Is it the export of service and not liable to service tax ?.
what will be the tax implication of a depreciable asset been converted into stock in trade (eg offices held under fixed asset by a builder)?
Assuming that the block is not empty after conversion,
1.How will the same be adjusted in the block of asset?
2.How will the capital gain be computed ?
3.When will the capital gain be chargeable to tax ?
sir,
i have some doubts regarding stock reserve. what are the items to be considered while caluculating stock reserve in case of independent branhes
If the WDV block of assets as per the Income TAx assets as on 1.4.07 is 10 lacs
out of it I transfer 9 lacs on 31.3.08 to my parent co.(fm whom the assets were purchased) WITHOUT ANY CONSIDERATION. so now as per s. 50 i shall continue to get dep on 10 lacs.
Do you have a case law whereby dep was not allowed on the entire 10 lacs ie to say a contrary view?
because this can be taken advantage of by donating assets post usage to group comapnies.
What do u mean by teeming &? lading method? please tell according to accounting language? why this words r used in accounts?
Can HRA exemption be gratned to Employee who is paying rent for his dependent parnets who are living in Jammu while the employee himselfis living in Delhi, a House which he has purchased on loan from Bank and also claiming rebate under section 24.
Please guide with givng relevant case law or section reference.
Best Regards
Ranjit Ahluwalia
Hi
I want to inspect the Memorandum of Particular company. I registered myself as Registered User on website. I am not able to inspect the document.
Please suggest what process i have to follow.
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