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Anonymous

There is firm known as 'Sachin Enterprises' of which Sachin is the Proprietor. Now, Sachin wants to enter into a partnership with Kambli and convert the Proprietorship into a Partnership known as say 'Cricket Enterprises'. Please let me know how to go about it. How should the conversion be reflected or in other words what should be added to shown the 'conversion process' in the normal Partnership Deed?

Read more at: https://www.caclubindia.com/experts/conversion-of-proprietorship-into-partnership-deed-format-1186899.asp


TAILOR NAGENDRA REDDY
27 January 2018 at 15:07

Trans-2

Sir,Trans- 2 is to be filed in a case where deemed credit is requested for in trans-1, but not for the duty claimed through the excise invoices in trans1, Am i right ?


prakash menon
27 January 2018 at 15:04

Digital signature

Sir,
Please note that we have started new pvt ltd company, we want to register GST. All details filled up. As digital signature is mandatory for pvt ltd company. I have downloaded the application from the site. After doing the updation, the error message is coming as " sorry. Digital signature certificate missing.please plugin the token and ckick on process to proceed signing.

Please tell me the solution.
Regards



Anonymous
27 January 2018 at 15:03

Claiming 80c deductions

I have a simple query in which I would like to know if a major son can claim deductions u/s 80C if he deposits contributions to his parents not senior citizens PPF accounts from his own income to claim 80C deductions.


Prithvi
27 January 2018 at 14:50

banker as a cma

Sir/madam, I am a student of a CMA and i want to make my career in the bank after completing my cma . So what should i do to become a banker while getting the cma title as well. What are the job roles available for the CMA in the bank ? Please guide me .


Bernard
27 January 2018 at 14:18

Sac code

Dear Sir,

What is the SAC Code for the amount received in advance from clients construction of Villas and apartments work


AJAY SINGH

Is capital gain is chargeable on Gift of Urban Agriculture land


Arush Rohilla
27 January 2018 at 13:54

Gst on handmade jutti/punjabi jutti

According to latest gst meeting handicraft has been treated as tax free so i want to know whether handmade jutti is under handicraft or not. Gst is applicable on handmade jutti or not



Anonymous
27 January 2018 at 13:45

Capital gains

Three individuals want to develop and sell their ancestral land. They formed a partnership firm and transferred their land to the firm. After incurring development expenses they sell the land. The firm pays the taxes on the profits earned. Are the partners exempt from the capital gains on the land transferred to the firm? Is the firm liable to pay capital gains tax or should it treat the profits as income from business? Can ths ecperts explain the provisions of income tax in this issue?


TAILOR NAGENDRA REDDY
27 January 2018 at 13:30

Nri vs aadhaar card,and pan.

NRI does not possess the Aadhaar card, but have the PAN. so, in the case of linking PAN with the Aadhaar, how do we go about it in the absence of Aadhaar. Is there any other procedure laid down under the Act for NRI's who do not have the Aadhaar.