Ssi exempiton
This query is : Resolved
23 December 2013
1. Two partnership firms are manufacturing different products in different factories and having different PAN numbers.
2. Both the firm comprises of same two partners having same profit sharing ratio.
3. Under Excise For the purpose of 150 lakhs exemption as an SSI, will the Turnover of both the firms be clubbed as both the firms are having same partners with same profit sharing ratio.
2. Both the firm comprises of same two partners having same profit sharing ratio.
3. Under Excise For the purpose of 150 lakhs exemption as an SSI, will the Turnover of both the firms be clubbed as both the firms are having same partners with same profit sharing ratio.
23 December 2013
Yes, both company's turnover will be count for the purpose of SSI exemption.
30 May 2014
yes both turnover count for
SSI due to owner ship in same
SSI due to owner ship in same
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
