Naresh Jakhotia | Answers

A partnership firm cannot be a partner of another firm on the logic that the partnership firm does not have a distinct and separate identity as a legal person. Private Limited Company is a legal entity,...

View Question
0 Votes

1. There will be GST implications if any addition is done towards profit or GP on suppressed sale. 2. In my view , addition towards stock or cash in absence of any other corroborative evidence of sale...

View Question
0 Votes

https://thetaxtalk.com/2019/10/09/extension-of-date-for-delay-in-filing-of-form-no-10b-audit-report-by-trust-institution-for-assessment-years-2016-17-and-2017-18-from-30-09-2019-to-31st-march-2020/

View Question
0 Votes

Interresting query. Yes, TDS applicable in all cases of property purchase by resident from NRI. TDS rate is 20% u/s 195. All the more important, TDS in such case is required to be done on...

View Question
0 Votes

Interesting query. In such cases, if the assets are recorded at its book value then no capital gain tax liability arises as "the value recorded in the books of accounts by way of capital contribution...

View Question
0 Votes

There is no choice with an assessee toclaim or not to claim depreciation. If the asses is once put to use, depereciation shall be deemed to have been claimed and allowed. In my view, depreciation...

View Question
0 Votes

https://thetaxtalk.com/2018/05/01/taxation-of-income-from-mutual-funds/

View Question
0 Votes
Load more answers