Hi! Freinds
Please resolve,
If MR. A has gifetd Rs. 5lacs to his wife Mrs. A and if she has invested the amount in a partner ship firm for a year and earn Rs. 75000/- as a share of profit and after that she withdrew the amount of Rs. 500000 and gifted to her daughter in law. Her daughter in law invested the same in a bank FD and earn interest of Rs. 50000. Now, in whose hands this interest income isi to be clubbed whether in the hands of Mr. A(Gift originates from him) or Mrs. B(Transferor to daughter in law).
Reference books are showing different views on this matter.
Thanks and Regards
Gourav Mehta
I HEARD THAT FOR AN ASSET BECOMING AS NPA NUMBER OF DAYS HAD INCREASED FROM 90 DAYS TO 120 DAYS BY THE RBI DUE TO RECESSION. IS THIS CORRECT. IF SO CAN YOU GIVE THAT NOTIICATION.
Hi all,
Date of incorporation of Pvt Ltd.company is 01-01-07.
Can u please tell me what will be the date on share certificates which issued to Subscribers. Is it the date of incorporation or date of first board meeting after incorporation of Pvt Ltd. Co.
Can first Board meeting can be held on the date of certificate of incorporation.
Thanks.
i want to know the format of balance schedule
Dear Friends,
we will pay the TDS for the month of March, 09 on 07.04.2009.
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Dear all,
I have made TDS payments using NSDL. I have the payment details BSR Code, Challan No. etc. But in form 16 I am supposed to quote acknowledgement nos. How can I get these nos. Please help
Dear Sir,
A ltd sold goods to B ltd for 20 lacs.at the time of delivery prices went down as such B LTD refused to accept the goods.A ltd sold it to C LTD 6 lacs.matter is in arbitration for 14 lacs. querry 1) Can A ltd write off 14 lacs as BAD DEBTS? 2) IF ltd wrtes it off as bad debts ,is is not likely that arbitration will reject the claim saying since u have triten off the amount u can not get claim. c.a.paresh zatakia
For the only purpose of partial repayment of home loan of son, wife transfers fund to her husband's savings bank a/c.Then the home loan of son is repaid from husband's a/c Is there any involvement of incometax to husband.
achyut bhalerao
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
Clubbing of Income