Answers By Expert: Research Team
Sir/Madam, whether there is any difference between fixed and fluctuating capital contribution. And for audit purpose under Section 34 read with Rule 24 whether both have to be added.
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Assessee is Private Limited co ,engaged in manufacturing of spices and pickles , has filed the ROI declaring loss for AY. 2018-19 amounting to Rs 2620000,/ - which includes Dep of Rs. 6 lakhs . It has also carried forward Business loss of Rs. 6 lakhs and Depreciation loss of 15 lakhs . Case was selected for scrutiny assessment and AO completed the assessment u/sec. 144 by computing loss at zero and making addition of Rs 20 lakhs u/sec. 68 of the Act on the ground that assessee has not responded to notices issued by AO. Whether action of the…
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I WOULD LIKE TO KNOW HOW MANY CASES ARE PENDING AS ON 28TH JULY 2023 AT ITAT AND CIT APPELAS?
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If I submit without attaching documents by mistake...can I submit re respond
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if judgment itself contained that this judgment related to only this case and fact , then this judgment not applicable to other cases pending for the same reasons ?
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Assessee is a Trust filing return in ITR 7. While filing the ITR 7 for the F.Y. 2021-22 in SCH IE-4 due to oversight assessee missed to fill up the "Amount applied for objective". However, assessee filled up for Gross annual receipts and Balance accumulated in SCH IE-4. Later the assessee received office communication to submit a response u/s 143(1)(a)(ii) We submitted a response. Later the assessee received an intimation order by CPC (treating the amount that we missed to fill up in the "Amount applied for objective ") as Income From Other Sources u/s 143(1) Kindly advise whether this…
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Flexi-Benefit Claiming eligibility. Is FBP pro-ration (based on employee attendance, date of joining, date of relieving) applied on all types of flexi-benefit components (annual components/quarterly components/ half-yearly components/monthly components). What is the income tax section that governs the FBP rules and regulations for claiming and planning and recovery in case of claimed ineligible FBP benefit.
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Shareholder. Can a shareholder of unlisted co offer his/her pvt portfolio as margin for derivative trading by unlisted co? any tax or other impacts ?
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Adverse Possession. which court civil or revenue court has power to entertain suit of adverse possession on agriculture land where plaintiff name is not recorded in khasra and khatauni.matter of uttar pradesh state.
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Suppression of minority. In a closely held listed company huge profits are earned but minority shareholders are aggrieved on following 1] mgt is drawing huge remunerations and incentives 2] minority shareholders have no say in mgt 3] pittance dividend is paid to minority what is their remedy ?
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Contribution under LLP Act