How do you approach a technical problem? Give an example.
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What reference sources should you use to insure that an outgoing correspondence is accurate and correct?
What is issuer's liability after issuing a Post-Dated Cheque, if the beneficiary presents to his bank before the cheque date and my bank dishonours this? Can my bank also charge me penalty on this?
Does a person holding one preference share in a company,be able to audit the accounts of that company?
Please expand section 24 of HMP?
There are three partners in a partnership firm. The firm has office premises in the name of firm. Depreciation on this asset is charged every in the books of the firm. Now after depreciation the book value of this assets has become Rs. 1000. Whereas the market vakue of this premises id Rs. 10 crorer. To bring this property at MV the partners revalued this premised at Rs. 8 crorers in the books of the firm and accordingly credited partner's capital account in their profit sharing ratio. My questions are as under. What is the income tax liability of the firm on revaluation? What is the income tax liability of partner of each partner on revaluation and credit to his capital account. In future whether depreciation to the firm is allowed on revalued amount under the income tax act. What happens to the tax liability if one partner withdraw his entire capital from the firm which includes credit on revaluation of office premises? When partners can withdraw out of their credit balance in their capital account without attracting any tax liability either by the firm or by partner? What happens if one partner retires and he gets amount equal to his capital account which inclides credit on account of revaluation? is there any tax liability to the retiring partner?
Ceiling on eligible loan amount and capital subsidy Latest guidelines by Government of India under scheme CLCSS Term loan are being forwarded for your reference. As per this, we can avail a long, accordingly Maximum limit of eligible loan under the scheme is Rs.100 lakhs and ceiling on Capital subsidy is 15% of eligible plant & machinery subject to maximum of Rs.15.00 lakhs.
i want to know all the things important for a giving upsc exam. moreover please inform me which book 0r material i use for preparing of upsc exam.
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