CAN HUF BECOME A PARTNER IN PARTNERSHIP FIRM FOR INTEREST ON CAPITAL & PROFIT SHARING???
Whether GST registration is mandatory for a proprietary CA firm situated in KOLKATA having turnover <20,00,000 or not?
Can I contribute 2 lakhs in my NPS account and claim deduction of 2 lakhs investment in NPS? I have not invested anywhere else under section 80C.
A sold a residential property IN 2017-18 and purchased a plot on which he will construct residential house within 3 years of selling his residential property.
1, WILL LONG TERM CAPITAL GAIN ON THE SELLING OF PROPERTY BE EXEMPT IN THIS CASE
2. IF YES, WHETHER HE CAN CLAIM SUCH EXEMPTION IN HIS INCOME TAX RETURN FOR THE FINANCIAL YEAR 2017-18 AND IF SO WHAT HE WILL MENTION IN HIS INCOME RETURN OF 2017-18 AS CONSTRUCTION IS YET TO TAKE PLACE
Dear Sirs,I am an NRI and I lent some money to my friend for his house construction without any interest. Money was transferred in installments from my NRE account through net banking.Now, my friend is going to return that money in single payment which will obviously be deposited in NRO account.I request expert here to advise me how I would show this in my income tax return filing since the returned money is mine only or there is no need to show in ITR.Thank you very much for your time and advise in advance.
CLIENT IS ENGAGED IN CONSTRUCTION OF COMMERCIAL BUILDINGS, ROADS, AND MAINTENANCE WORKS BY SUPPLYING LABOUR ONLY. WHETHER HE COMES UNDER GST TAX BRACKET ?
PLEASE PROVIDE DETAILS.
Hi,
My Company sends some employees abroad for official work and provide them some dollars for the trip.
On return, he submitted few bills and remaining he returned to us and which our company had sold to back to Authorized Dealer.
On verification of few bills it was found that he was unable to get few bills but he had incurred the same during the tour and company had allowed him same to some extent.
My query is:
1. Whether TDS is deductible or not (under head salary or any other head) for the portion for which bills are not submitted but still reimbursed to the employee?
2. Whether company has to treat foreign exchange gain/loss for the difference in sale and purchase value of foreign exchange as business Income Profit/ Loss or Capital Gain/Loss or to be considered in Income under Other Heads?
Hi,
My Company gives Foreign Exchange to our employees for foreign Travelling for official work.
Suppose I had purchased on 1st April 1000 US$ @ Rs 65/- and gave it to Mr. C and when Mr. C return on 17th April, he returned me back US$ 100 which I returned to Authorized Dealer @ Rs 64.80/-
So how should I record Entries for Foreign Exchange?
Or I should have to sell at Rs 65/- to authorized Dealer and don't record any difference in books?
What if I retain it with myself and then sell it after 6 months or give to another employee for official purpose?
Dear Sir,
One of my client received cash more than 12 lakhs rupees, as per partition deed from her father whole such amount taxable in the hands of father or daughter.
clarify me
regards
Dear sir
Our company want to appoint Mr. X as Director of the company but he has not any DIN already, so please suggest me. Whether Board resolution for Proposed director in existing company is required to attache to the form DIR -3 ?
Because Rule 9(3) (a ) of Companies (Appointment and Qualification Of Directors) Rules, 2014, says that-
(iiia) board resolution proposing his appointment as director in an existing company
Please suggest and if required, please provide me the which type of resolution format should be attached
Huf as a partner??