Menu
Income tax
We are having godown in the name of partner and this is used by two of the group firm both firm are keeping their stock is there any problem as per income tax point of view please consult in your group and reply
Replies (2)
Can be used by all.Recently govt. announced that All the states have also been requested to access finances available under the Grameen Bhandaran Yojana of the Department of Agriculture for this purpose. Furthermore, it has also been suggested to the states that construction of such godowns in a Public Private Partnership mode may also be undertaken like the FCI’s Private Entrepreneur Guarantee (PEG) Scheme.
sir my question is whether both firms keep these stocks or not any demarcation is required.
please reply and suggest.
Recent Threads
- Section 44ada vs 44ad
- Email Marketing Services Company
- Query on Buy Back of shares
- Best Ca Inter coaching in Laxmi Nagar
- Why do so many SMEs struggle to scale?
- ITR Processing Delay 2025 - Common Reasons & Pr
- First time itr4 filing
- Notice of not filing GSTR 10 after 7years
- Turnover not shown in GTSR -3B want to add and pay
- Suggestion needed for CA Inter Costing for Jan 26
Related Threads
CAclubindia
