Answer / satyaki_raju@yahoo.com

Mr Vikas Verma
You knew well to answer but forgot to help others
Your calculation about business firm is correct,but For
professional firm it is not correct.
Try to give answer in detail
The limitations under Sec 44 AA for professional firms and
Business firms U/s 40b
The limitations are
Professional Firms
1.Ist 1,00,000 90% 90,000
2.on the 2nd 1 Lakh 60% 60,000
3.On the Balance i.e 125600 @40% 50,240 2,00,240

For Business Firms
On the 1st 75,000 @90% 67,500
On the 2nd 75,000 @60% 45,000
On the balance 1,75,600 @40% 70,240 1,82,740
Th

Answer / stockproindiadotcom

What care should one take while investing?

Before making any investment, one must ensure to:

1.obtain written documents explaining the investment
2.read and understand such documents
3.verify the legitimacy of the investment
4.find out the costs and benefits associated with the
investment
5.assess the risk-return profile of the investment
6.know the liquidity and safety aspects of the investment
7.ascertain if it is appropriate for your specific goals
8.compare these details with other investment opportunities
available
9.examine if it fits in with other investments you are
considering or

you have already made
10. deal only through an authorised intermediary
11. seek all clarifications about the intermediary and the
investment
12. explore the options available to you if something were
to go

wrong,and then, if satisfied, make the investment.
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Answer / sharetipsinfo

Hi,

Stock market India is volatile and all those who speculate
in market are loosing everyday. Please remember stock market
is not for speculation purpose. If one feel investing in
stock market is gamble then its better to think again.

One should always note that if they want to invest money
they should do proper research be it fundamental research or
technical research. Just think how come you can invest
your money without any convincing reason for the same?

Indian stock market is one of the most happening and
emerging market. Major Indian stock exchanges are BSE and
NSE and both are of world class standards.

So grab good stocks and invest that’s the bottom line.

We hope to see you in major profits.

Regards
<a href="http://www.sharetipsinfo.com" title="SHARETIPSINFO
TEAM">SHARETIPSINFO TEAM</a>

Answer / sharetipsinfo

Hi,

Stock market India is volatile and all those who speculate
in market are loosing everyday. Please remember stock market
is not for speculation purpose. If one feel investing in
stock market is gamble then its better to think again.

One should always note that if they want to invest money
they should do proper research be it fundamental research or
technical research. Just think how come you can invest
your money without any convincing reason for the same?

Indian stock market is one of the most happening and
emerging market. Major Indian stock exchanges are BSE and
NSE and both are of world class standards.

So grab good stocks and invest that’s the bottom line.

We hope to see you in major profits.

Regards
<a href="http://www.sharetipsinfo.com" title="SHARETIPSINFO
TEAM">SHARETIPSINFO TEAM</a>

Answer / puntercalls

India’s Bombay Stock Exchange along with Taqwaa Advisory and
Shariah Investment Solutions (TASIS) launched a Shariah
compliant index on Monday in an effort to attract more
investors from India and abroad.
The index allows investors to buy stocks without violating
Islamic investment guidelines.for more details please visit
to: http://www puntercalls.com

Answer / vikash verma

IF IT IS A BUSINESS FIRM, ALLOWABLE REMUNERATION TO
PARTNERS IS RS. 182740.00

IF IT IS A PROFESSIONAL FIRM, ALLOWABLE REMUNERATION TO
PARTNERS IS RS. 193240.00

If i want to change a proprietor concern yo a partnership concern. do i have to pay full tax on every product i have in stock or just simple make a partnership deed and apply a new pan card and register in sale tax department ?

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