Rajnish Singh's Expert Profile

Queries Replied : 359

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    What kinds of questions I can and can't answer?
    fiance & Accounting,

    My area of expertise
    INCOME TAX

    My experience in the area (years):
    6

    Organizations I belong to:
    GSP POWER PROJECTS

    Publications or writing which has appeared :
    NA

    Educational credentials:
    M.COM

    Award & Honors:
    GOLD MEDLIST IN M.COM,

  • gaurav bhartiya says : Service Tax Chargeability to Trust
    Hello Sir I have query. A trust is registered under Bombay Pubic Trust Act 1950. Trust is providing taxable services in the nature of club. Trust is not registered U/s 12AA of the Income Tax Act. Basic query : Trust registered under BPT act whether the above trust comes under the Service tax bracket?

  • rahul says : RENTED INCOME
    Dear Sir, We have joint commercial property (3 story S.C.O) in the name of 5 co-owners(me, my wife, elder brother, younger brother and sister in law), each having 20% share For tax saving of my friend ,I want to show rental expense of my friend business, in lieu of rent paid for some portion of the above property, after consent of my wife(without consent of my blood relation).Kindly suggest 1. Is it legally viable to show that I have rented out my and my wife share(40 %) , from joint commercial property 2. If No, What can be best way to help my friend( i.e alternative way to show rental expense at same property) 3. If yes,all rental income should be in clubbed in whose total taxable income?Should I ask for cheque from my friend , to show in IT dept.?


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