On completion of assessment of partnership firm an addition of Rs. 150000 has been made. Can the partners claim higher remuneration as per the enhanced book profit after assessment. What is the procedure for that and whether the assessmentof partners will be reopened or it can be done u/s 154
Dear All,
If any person file individual return form-2(e-return) for the asst. year 2007-08 on 31-07-07 but he have not digital signature and he paid all income tax liability on 20-07-2007.But he file form V(acknowledgement) with I Tax dept.on 24/10/2007 than Income Tax dept.,would be treat with assesse.
harish
HIIIIIIII
I M PCC STUDENT MY ATEMPT WAS IN NOV 2008
MAY I GO FOR BOTH GROUP OR NOT ??????????
ALSO I M TOO AFRAID ABOUT REFERENCE BOOKS OF ALL SUBJECTS PLS SUGGEST FOR ALL SUBJECTS
What is the value of fringe benefit in case of "AWARDS".Is awards subject to FBT?
Whether only Resident house property loan is deductible u/s 80c Or Loan for shop etc.also?
Dear Sir/Ma’am,
Reimbursement of Club blls of employees is not perquisite.
Whether FBT is liable?
Bcoz in any club facility FBT is liable.
Hello,
Please help me out.
1). I would like to know that if a retailer starts his business in a local market, then please tell me is there any creteria not to maintain books of accounts and if yes then up to what limit. and if no then what should he do, so that he should not be faced any problem in relation with sales tax deptt and income tax deptt.
thanks in advance
Dear sir
1)one person take loan for purchase of shares for investment purpose. On that loan he paid interst. What is the treatment for this transaction.
2) question: This person purchased shares 4 years ago.since onwards he capitalized that interest. What is the treatment for this transaction.
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