thanks pradeep ji for your valuable advice. but in my case, exporter is directly paying ocean freight and local terminal handling charges to shipping company...
Dear Sir, It should be the date of Birth of first child in his family. Because HUF is created only when a child is born in the family. regards Rajiv...
Rajiv
rajivs.ca@...
Sep 2, 2006 5:30 am
5146
Dear Members Please take note that now GCC- i.e Gulf region cost of living is very very high so anybody coming for employment consider cost of living first any...
Can a partnership firm invest in a pvt ltd company having common partners and promoters Is there any violation to companies act CA. Naresh...
Naresh Agarwal
nareshagarwal@...
Sep 2, 2006 5:30 am
5148
First of all whether your client is the service provider or the service receiver. In case of service tax on transport agencies , the taxability lies On the...
Naresh Agarwal
nareshagarwal@...
Sep 2, 2006 5:30 am
5149
Mr Praveen, 2 things to clarify 1. Does your client interested to go to any other fund manager who provides gratuity fund approved of CIT or 2. Totally they...
Dear sir, You can for the time being claim it on the basis of the other House (One which the assessee is not using for his residence) remaining Vacant for ...
Rajiv
rajivs.ca@...
Sep 2, 2006 5:31 am
5151
It is better to withdraw the amount from the firm by the partners and then lend it to the Pvt. Ltd. Company (See Section 3(1)(iii). rajiv...
Rajiv
rajivs.ca@...
Sep 2, 2006 5:31 am
5152
My friend, I suggest you not take direct loan, but If possible take gift from any of parent of the assessee, he mention in gift deed this amount is strictly...
Dear friends Sale of old assets would not be covered under point 12A of New 3CD but in pt 14 of the same. CA Harsh Dang ... From:...
Harsh Dang
harsh.dang@...
Sep 2, 2006 5:32 am
5154
Now sex of the child is not concern to create the HUF, even two members HUF also possible but in special case, like partitian of ancestral property / ...
dear suresh, creation of valid charge would be in the interest of the lender as without it the claim would not be enforceable in a court of law. this means all...
Dear Colleague Normal filing fee for Form 20B and 23AC is Rs.300 respectively. For a delay of 1.5 months, additional Rs.600 was charged when I last filed. I...
Dear Sir If we show the amount paid to that employee (trainee) as "stipened" than also we will be liable to pay FBT. There is no head in the accounts showing...
Dear All I have query with regard to section 35D A company is formed with an authorised capital of Rs. 5 lakhs and its pays Rs. 17200 as ROC fees. Its paid up...
Dear All, On sunday there was seminar in Mumbai regarding querys on MVAT Audit, The seminary was of good success and was presented by Deepak Thakkar and C.B....
Dear Sir, Even if asseessee is individual still he is liable for service tax under GTA service. In the case of GTA service (PLease read Section 68(2) and Rule...
There is defferance between employees and consultants. Wether the person is employee or outside consultant depends on facts of the case. If the work to be done...
Dear Member, Charge can be created at any time. If it is done within 30 days from the date of creation/documentation there is no additional fees, if charge is...
K.S.JAGANNATHAN & CO.,
ksjchennai@...
Sep 2, 2006 5:37 am
5166
Hi For the purpose of calculating period whether it is shortterm or long term we need to considered the period of holding of Amalgmating comapny also in your...
Any Capital asset whether old or new; if it has been converted into stock in trade; then it has to be reported in 3CD. Suppose one old land has been converted...
dear sir, please clarify the exact nature of transaction. question is very vegue. manish 9868220077 ... __________________________________________________ Do...
HI, according to me the firm can lend money to the partnership firm but appropriate rate of intt will be charged. in this case there will be no voilation of...
Dear Shanavas, Fine. This position is in Riyadh for CAs with transferable iquama only. Outside people is not possible, since we don't have visa. regards, abdul...
Dear Mr Mehta, Certainly not becoz the VAT is payable on all successive sales which may even end up in different States as such the manufacturer cannot at the...
Hi, What's the rate of tax for a Society registered under the Society Registration Act, 1860? Is a Society an individual "person" under the Income Tax Act?...
Dear Members Pls reply to my below query: Is it possible for one to show both business income & investment income (Capital Gains} My client has shares for...