Two Individuals formed a partnership firm. They transferred their property to the firm to carry on a business of running these properties as lodging house. Does this transfer attracts any capital gains tax? If the firm transfers these capital assets to the partners after a few years will it attract capital gains. Please give the details required.

A Client Recd a Software Credits at No Price ( From a Overseas Co. ) from against his idea of Software which he utilised for development of Software which got now materialised and the Revenue is getting generated . The Value of Credits were around 2 Cr . Now whether the Intangible Assets of 2 cr can be Created as Intangible Assets in the books and How .
As12 - Governments Grants , i hope will not be applicable being its Overseas Private Co. who provided Grants (Credits) .

Dear Sir,

How do I get Entrepreneur Memorandum (EM) Part-I which is required in registration of UNNATI (Extension of Service) as enclosure. Please suggest me provide how to apply.

Regards, Surjit.

can i avail itc on bank charges or other services releted to business opration in tour oprator , selling only tour packages

a)Subsequent to Changes in the limit in the Section 40(b) via Finance Act'2024 is it mandatory to amend the Partnership Deed and insert the new clause with revised limits.?
b) Is it mandatory to quantify the remunaration payable to partners as per the deed or clause mentioning that remuneration shall be paid as per the provisions laid down under section 40(b) of the Income Tax Act'1961 will suffice.?

TDS APPLICABLE IF PLACE OF SUPPLY AND PLACE OF SUPPLIER ARE SAME( SEZ AREA) AND THE PLACE OF RECEIPIENT IS ALSO REG IN THE SAME STATE BUT IN NON SEZ AREA. RECEPIENT IMPORTS METAL SCRAP FROM SUPPLIER . IS TDS APPLICABLE OR NOT

I have a query regarding a company incorporated under the Companies Act in India. The company was supposed to conduct the AGM for FY 2024-25 on or before 30-09-2025. However due to some technical issues it was not in a position to conduct the same before the statutory deadline. Consequently the company represented to the ROC and was given extension of 3 months to conduct the AGM (i.e. on or before 31-12-2025). However till date the company has not issued any AGM notice. Meanwhile the company received a EGM requisition under Sec 100(2) with certain resolutions on 26-11-2025. At this juncture the Board of Directors of the Company are in dilemma as to whether they have to conduct two meets - one AGM on or before 31-12-2025 and another EGM on or before 10-01-2026 (statutory 45 days period) OR can club both the resolutions and conduct one meeting on or before 31-12-2025 by appending the EGM resolutions as special business in the AGM notice. Request your expert opinion and guidance on the same.

Dear Sir/Madam,

Please suggest the format for above mentioned subject certificate for the use of UNNATI which is mandatory in registration.

With Regards,
Surjit

Capital Gain When a person Receive RE from Another Holder and Then Subscribe right issue and sale these shares. Whether RE paid for acquiring Right for subscribe right share will add in cost of purchase. Example RE paid Rs. 10/- + Right Issue price paid to company Rs. 100/- so when this share sale Cost purchase of share will 110/- or Rs. 100/-

While resubmitting this form i got the message that total size of attachments should not be more than 10 mb . actually total size is less than 10 mb .then i opened the browser in incognito mode
even then this message is comming can anybody resolve this problem