Hello everyone, please explain about TCS. TCS is added in purchase bills of my firm. can I get input of it. if yes, than what's the process
One company named XYZ Ltd. desires to transfer its investment in another company named ABC Ltd. to PQR Ltd. through execution of a Gift-Deed.
Now my query is as under:
Is it necessary to register a gift-deed for transfer of shares from one company another company?
Can anybody help me by telling is the Newly notified ICDS (forIPCC)are only for the knowledge purpose for the student or will form part in the intitute forth coming exam questions what will be the nature of questions the institute may going to be ask from the Newly notified ICDS (IPCC)
For the coming exams
If an Indian shareholder transfer his share to entity outside india which is already a shareholder then does transfer of consideration from outside entity to indian shareholder attracts FEMA or any other law? Does FEMA prohibit this transfer of are there any limits? Please reply asap.
Thanks in advance :)
In case entire shares are transferred relating to a share certificate then the Transferee will be issued new Share Certificate. Yes or No?
B.F.Chordia have no son and having four daughters have formed HUF out of funds received from his fathers HUF . This HUF is having 2 immovable properties, Jewellery, Receivables and cash and bank balances can all The assets can be divided disproportionately between Karta and four daughters if other members have no objection.
I want to know taxability of gifted property in hands of daughter in law from sons father in law in case of gain arising from sale of immovable property
Dear Sir,
An Assesse has sold a agricultural land for Rs. 37.00 Lacs. The land which was used for growing crops i.e. for agricultural purpose which was sold. Whether the sales of this agricultural land will be treated as capital gains or not and whether the money received from sale proceeds will be taxable under the IT Act.
Thanks,
Abhishek.
1- SIR IF I FILE THE ITR-4 FOR TUTION INCOME AND MY BOOKS OF A/C ARE NOT MAINTAINED AND I FILED P&L A/C AND BALANCE SHEET , THEN IT IS COMPLUSORY TO TICK THE OPTION U/S 44AA IN ITR-4.
2-OR IF I FILED THE P&L A/C BUT NOT FILED THE BALANCE SHEET AND NOT TO TICK THE OPTION 44AA SHOULD I RECEIVE THE DEFECTIVE NOTICE OR NOT
Assessee has income from 2 different businesses..
One is from Restaurant Business..
Second is Commission from Transporters..
He incurs expenses in both of the cases above..
Can he prepare two different Profit & Loss A/c's (one for each business) and
One single consolidated and merged balance sheet (for both the businesses as well as personal assets)??
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
TCS Enquiry