What is DEPB & How it is related to re-export of Packing Material ? & How to claim DEPB benefit after export of Finished goods?

sir i want to know all legal formalities for conversion of convertable debentures in india

My friend owns three grounds of land (Ancestral Property). He entered into an joint venture agreement with a builder for construction of houses (Not Flats). He transfers 60% of rights on the land to the builder and gets two separate constructed houses for his own use and some share in cash. He also sold one house through POA to third party with in a span of two years of handing over of the possession by the builder. Now the question is whether the houses constructed through JV agreement can be utilised for climing exemption u/s.54. Whether it is a LTCG or STCG?

Dear Sir
Recently my friend sold a land for Rs.200000/-.This land he got it from his mother(died in 1987)and she got it through a will written by her Aunty.Originally the land was purchased in 1968 for Rs.3000/-.My friend sold this land Distrously because some body occupied this land and he found from the Registrar office that it was sold 5 times.The original papers were with him so the buyer was interested in buying this.The buyer paid stamp duty as per the Government rate of Rs.14.00 lacs.

Now what will be the Long term capital gains tax to be paid by him.He was unable to get the Fair Market Value as on 01-04-1981.Also let me know the rate and on which amount he has to pay tax.Please answer me as early as possible.

hi Friends wshing you a very very happy holi in advance and could u please tell me what is the new in recent budget for tax minor income.
thanks with regard

i got offer for articleship in SNB,NEHRU PLACE.they are placing me only in taxation and no audit.plz advice me should i join to learn all work in medium firm or should i go for only taxation.
will in future problem arise in placements.
tell me big name matters or not.
thanks,
soni

How Many Articles Can A CA Register Under Himself If He is a FCA but has withdrawn his COP and After few time has taken it Again.(In Sept.,2006)

Income Tax is exempted for hospitals constructed for a period of 5 years.
I wanted to know that what is the change effected to this provision through Budget 2008.

Thank you.

My wife has recieved ornaments as gift from my father , will the ornament be clubbed to my fathers wealth?

IF I have alnd on which I have built a commercial complex & rented add to my wealth?
Will a motor car registered in the name of my partnership firm add to my wealth?