IS THERE ANY CONDITION THAT THE ASSET OF THE NBFC COMPANY SHOULD CONSIST OF 90% IN SHARES AND IT CANNOT INVEST MORE THAN 15% OF ITS OWNED CA

Service tax on parking place

Dear all please clarify my doubt. The property owner and owner association have a arrangement for maintenance of parking place and building maint. For this purpose they have a arrangement to collect the parking fee  out of 100 – only 20 parking area from the tenant of the property. Building ower directly collect the rental

Business expenditure

Dear all 1. During AY 2011-12 a investment company leased out its property, So income from lease will be chargeable under income house property. But during AY 2010-2011 the same premises was vacant for whole year and to maintain the property company has paid maintenance charges, security charges, property tax, electricity charges, etc., Whether same amount can considered

Liability of service tax as reverse charge

My question is Subsidiary company of foreign company developing software for Parent company and also one unit rendering  service which is not a software development. Parent company providing few service to the subsidiary company for this they will raise a debit note and also audit and other complaince work are rendered by service provider on behalf of parent company. Whether

FINANCIAL MEASURES THAT ONE SHOULD SEE BEFORE GRANTING ANY LOAN TO THE OTHER COMPANY.

SIR CAN YOU HELP ME WITH THE FINANCIAL MEASURES THAT ONE SHOULD SEE BEFORE GRANTING ANY LOAN TO THE OTHER