tag:blogger.com,1999:blog-22181864314126361982024-03-08T10:01:09.298+05:30CAROCKSWERE KNOWLEDGE GROWSAnonymoushttp://www.blogger.com/profile/14911853991120713837noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2218186431412636198.post-69027440033610189782013-06-05T11:17:00.002+05:302013-06-05T11:18:33.736+05:30POLICE RESCUE CA STUDENT<div dir="ltr" style="text-align: left;" trbidi="on">
A 35 year CA student has been rescued by police after confined in house for more than 5 years.<br />
<a name='more'></a>The neighbors of the house in which he was confined alerted the Police.For more info <a href="http://adf.ly/Q2efG">Click Here </a></div>
Anonymoushttp://www.blogger.com/profile/14911853991120713837noreply@blogger.com0tag:blogger.com,1999:blog-2218186431412636198.post-67880121709948876702013-05-28T11:38:00.000+05:302013-06-05T11:24:50.980+05:30TAXATION OF POLITICAL PARTY:-SECTION 13A<div dir="ltr" style="text-align: left;" trbidi="on"><br /><div>Any Income of a political party which is chargeable under the head other than "P/G/B/P" or any other income by way of voluntary contribution received by a political party from any person shall not be included in the total income of the previous year of such political party.<script type="text/javascript">ch_client = "ronakagarwal"; ch_width = 450; ch_height = 90; ch_type = "mpu"; ch_sid = "Chitika Default"; ch_color_site_link = "000000"; ch_color_title = "000000"; ch_color_border = "FFFFFF"; ch_color_text = "000000"; ch_color_bg = "FFFFFF"; </script><script src="http://scripts.chitika.net/eminimalls/amm.js" type="text/javascript"></script></div><div><br /></div><div>Provided that:-</div><div style="text-align: left;"><ul style="text-align: left;"><li>such political party keeps and maintains such book of accounts and other documents as would enable the assessing officer to properly deduce its income therefrom;</li><li>in respect of donation in excess of Rs 20000 jeeps and maintain a record of such contribution and the name and address of the person who has made such contribution; and</li><li>the accounts are audited by an accountant as defined in the explanation below sub-section(2) of section 288.</li></ul>EXPLANATION:-For the purpose of this section,"political party" means a political party registered under section 29A of the Representation of the People Act,1951.</div></div>Anonymoushttp://www.blogger.com/profile/14911853991120713837noreply@blogger.com0tag:blogger.com,1999:blog-2218186431412636198.post-53558446931572922972013-05-27T14:45:00.000+05:302013-06-05T11:24:50.989+05:30HINDU-UNDIVIDED FAMILY ANALYSIS<div dir="ltr" style="text-align: left;" trbidi="on"><h3 style="text-align: justify;">Hindu-Undivided Family Analysis</h3><script type="text/javascript">ch_client = "ronakagarwal"; ch_width = 450; ch_height = 90; ch_type = "mpu"; ch_sid = "Chitika Default"; ch_color_site_link = "000000"; ch_color_title = "000000"; ch_color_border = "FFFFFF"; ch_color_text = "000000"; ch_color_bg = "FFFFFF"; </script><script src="http://scripts.chitika.net/eminimalls/amm.js" type="text/javascript"></script><div><ol style="text-align: left;"><li style="text-align: justify;">Huf doesnot arise from a contract.HUF is a creation of law.After marriage,as soon as a child is born,HUF comes into existence.HUF consist of father,sons and daughter.Wife is not part of HUF.</li><li style="text-align: justify;">Sons,daughters and the father are co-parceners and have right to demand partition.</li><li style="text-align: justify;">Mother is not co-parceners and cannot demand partition.</li><li style="text-align: justify;">HUF cannot give gift if HUF property to co-parcener and non-coparceners.Any gift by HUF are void-ab-initio.</li><li style="text-align: justify;">The provisions of computing income of HUF are the same for a normal assessee.</li><li style="text-align: justify;">No capital gain will arise in case of distribution of partition of HUF as pwer section 47 of the Income -tax Act.</li><li style="text-align: justify;">Partition of HUF takes place on the date properties are actually divided.There must be physical division of the properties</li><li style="text-align: justify;">Any remuneration paid by HUF to karta or any other member of HUF for services renderd by him in conducting family business,the remuneration is deductible if remuneration is </li></ol><ul style="text-align: left;"><li style="text-align: justify;">paid under a valid and bona fide agreement</li><li style="text-align: justify;">in the interest of and expdient for the business of family and</li><li style="text-align: justify;">reasonable and not excesive. </li></ul></div><br /><div class="zemanta-pixie" style="height: 15px; margin-top: 10px;"><a class="zemanta-pixie-a" href="http://www.zemanta.com/?px" title="Enhanced by Zemanta"><img alt="Enhanced by Zemanta" class="zemanta-pixie-img" src="http://img.zemanta.com/zemified_e.png?x-id=59dafd7b-3e13-4ddc-aba2-24b78ff55dc5" style="border: none; float: right;" /></a></div></div>Anonymoushttp://www.blogger.com/profile/14911853991120713837noreply@blogger.com0