Can a Corporate body be added as a partner in a firm ? Any case laws on the said subject?

One of my friends' income falls in the 30% bracket. He is also earning a lot of interest on fixed deposits. He does not want to invest in PPF (for maintaining the liquidity). What is the other opton he has to save tax on this interest income?
If he closes his FD account and transfers that money to his wife's account who then opens a fixed deposit, will that solve his purpose? His wife has no other source of income.
Will any clubbing of income rules apply here?

Please provide your suggestions

What are the expenses a film director can claim?
How to compute income of a FILM DIRECTOR?.
Thank You.

Sir, i m existing ipcc student and want to convert in direct entry,, is my registration num will be same after conversion...??

respected sir/madam,
i am in a great need of your guidance. This year(2013) i completed my B.com and intended to join LL.B. (3 year); which i did. Now as my articleship is going on and as per the rules of ICAI i have to declare/sort permission to another course along with CA-articleship in prescribed format of Form-112.

Now when i approached to my college principal he refused to sign any such form as its not their policy. Also there no problem of rules from Bar-Council of India as they prohibit any "regular course" during college hours.

although when i asked to provide me a proof of timing they simply gave me Bona-Fide Certificate without mentioning college hours on it.

College hours are from 8:00 to 10:00 and my article ship starts at 11:00( 50 min travel)


so kindly please guide me through.And what can be done as soon as possible.Thankyou

Hello experts n student !!!!!
Please help me to revised paper filing tds return...
During downloading consolidated file from traces a msg showing " no consolidated file found due to paper filing of return"..but in realty i filed reture electronically...
How to proceed kindly help me..
Thanks

Dear sir/madam

we receive a raw material in the month of june. the seller send us the invoice in which buyer name of our sister concern company, by mistake i also enter the purchase entry in our books. invoice had both vat & excise amount. we file return of both vat & excise for 1 qtr. please tell us the solution for this.

My email id is gauravkhp@rediff.com

Hello experts,.,
Please help to revised paper filing tds...
During downloading consolidated file from traces a msg showing " no consolidated file found due to paper filing of return"..but in realty i filed reture electronically...
How to proceed kindly help me..
Thanks

The Assessee is a partnership firm.
As per sec.44AD profit to be declared should be 8% of turnover.

Whether such profit is before or after remuneration and interest to partners?

Sir , how many days it took for the registration under direct entry scheme