amita (associate) (53 Points)
12 July 2011Plz help me in the objectives.....
1.A company is said to be a resident in india in previous year if,
a.it is a indian company
b.the control and management is wholly situated in india
c.either it is a indian company or the control and management is wholly situated in india.
d.it is both an indian company and the control and management is wholly situated in india.
2.The maximum amount of gratuity exempt under 10(10).
a.8,50,000
b.6,00,000
c.3,50,000
d.10,00,000
@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 12 July 2011
Hi, nice sharing,
answer is,
1) it is both an indian company and the control and management is wholly situated in india.
2) in last year there was amendment on gratuity earlier it was maximum 350000 but now it is maximum 10,00,000...
-
NEVER TO WORRY, BE HAPPY..
amita
(associate)
(53 Points)
Replied 12 July 2011
| Originally posted by : Siddharth Bumb | ||
 |
Hi, nice sharing, answer is, 1) it is both an indian company and the control and management is wholly situated in india. 2) in last year there was amendment on gratuity earlier it was maximum 350000 but now it is maximum 10,00,000... - NEVER TO WORRY, BE HAPPY.. |
 |
Thank you so much sirji.
i required more objectives as well as some service tax questions also.
amita
(associate)
(53 Points)
Replied 12 July 2011
1.In determining annual value the following factors should be taken into consideration, except
a.actual rent received
b.fair rent of the property
c.deposit recived from tenants
d.standrard rent.
2.which of the following is not an asset under section 2(ea)of the wealth tax act,1957
a.motor car
b.boats & aircraft
c.guest house
d.cash at bank
@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 13 July 2011
answers :
1) deposit recived from tenants
2) cash at bank
-
THANK YOU.
@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 13 July 2011
answers :
1) deposit recived from tenants
2) cash at bank
-
THANK YOU.
amita
(associate)
(53 Points)
Replied 13 July 2011
Short notes on:
1.Income of Political parties under section 13 A.
2.What are the essentials conditions for claiming exemptions under section 11 in the case of a charitable trust?
Can u plz help me on the above........
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
