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Legum Baccalaureus
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What is the TDS rules for a NRI who is partner in Partnership Firm in India and on retirement he gets Rs. 150 Lacs equal to the credit balance in his capital account. This credit in his capital account has come on account of revaluation of immovable property owned by thr firm. What is the Firm's liability towards income tax on revaluation of immovable property and what are the obligation of TDS while making payment to the NRI.
Sir, My client A is doing job work on piece rate basis for B a establishment in Baddi in Himachal Pradesh and .His labour are working in Baddi Himschal Pradesh. and the payment was made to A after confirmation from the Quality confirmation department of the establishments and calculated on piece rate basis. Here B is exempted from excise duty from Excise. A has done work up to Feb, 2016t , 2009 nearly Rs15 - 20 lacs in total up to date . he is not charge any Service Tax. Pls advice in this case service tax is exempted if job work is done in excise exempt unit. Pls confirm in this case service Tax is exempted or not. If not exempted the then what amount b has to pay service tax.
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Dear sir. My name is Long Nguyen and i am reached at the ago of 18 years old. My dad is 66 and i working while earning retirement benefit. Later, i opened a new account and the SSR sent checks to me. But at the same time, my dad received a letter " retirement, survivors and disability insurance," to return money since i was 17 years old. he already sent it back. But we didn't know what was the decision.i still keep continue to earn money until 19. please answer to us , please
