– Meaning of Limited Liability Partnership Understanding Limited Liability Partnership in Brief. – Features of Limited Liability Partnership The Limited Liability Partnership Act 2008 Partners. – Designated Partners. – Limitation of Liability. – Forming a Limited Liability Partnership Forms and Fees. – Limited Liability Partnership Agreement Accounts and Audit. Taxation of Limited Liability Partnership Professional Opportunities.
Sometime back, a query was raised whether the benefit of exemption under sections 54 and 54F of the Income-Tax Act, 1961 (the Act), in respect of long-term capital gains, on account of investment of such capital gains in the purchase / construction of a residential house in a foreign country, is available to an assessee, being a non-resident Indian.
SEBI Revises Norms with Regard to Exchange Traded Funds to bring Efficiency in Margining of Index Exchange Traded Funds (ETFS) and Facilitate Efficient use of Margin Capital by Market Participants The Securities and Exchange Board of India (SEBI) has revised the norms for calculating the margins for Exchange Traded Funds. In order to bring efficiency […]
Notification No. 52/2012-Income Tax For section 56, value of unquoted shares can optionally be taken as value determined by either DFCF or as per revised method – Income-tax (Fifteenth Amendment) Rules, 2012 – Amendment in Rules 11U and 11UA
New Delhi, dated 29th November, 2012 Notification No. 50/2012-Customs (ADD) G.S.R. (E). –Whereas the designated authority vide notification No. 15/12/2012-DGAD, dated the 22nd November, 2012, published in the Gazette of India, Extraordinary, Part I, Section 1 dated the 22nd November, 2012 has initiated review in terms of sub-section (5) of section 9A of the Customs […]
Article discusses Abatement/Valuation, Reverse Charge in Construction Activity along with different models applicable to Real estate Industry i.e. Tripartite Model, and Joint Development Model with case laws.
