v v s rama krishna
16 October 2016 at 10:26

LTCG

whether long term capital gain on sale of foreign shares taxable or not

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Simran Katyal
14 October 2016 at 22:48

Tax audit if NPR less than 8%

My query is that, if a properietor does not get into Sec 44AD (presumtive income), but his Net Profit ratio is less than 8%, do he have to get his books audited as per income tax? Thanks.

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amandeep nain
14 October 2016 at 22:38

Dsc

how DSC can be removed from income tax efiling and new DSC of another person can be register for filling form 15g/h... Thanks in advance.

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Harkanwar Singh Kamra
14 October 2016 at 17:13

Depreciation

If a machinery is purchased on 1.11.2015 of 15% block and is put to use on the same date as per the income tax rules since it is put to use for less than 180 days the rate will be 7.5%. My query is whether the rest 7.5% is allowed in the next year?

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Vatsal
14 October 2016 at 15:16

269ss

Whether 269ss would be attracted when loan is received by cheque exceeding 20000rs?

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pranay paturkar
13 October 2016 at 18:11

income tax

I did not show an income earned by way of interest on deposit in ITR-1.. But claimed a TDS.. Am I supposed to revised the return & will I get re fund without rev. Return

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Mohan

Residential property which was owned by individual for more than 15 years and used for commercial purpose in proprietary concern now sold in F.Y.2015-2016. Depreciation has been claimed on this property in business through out these years. My question is whether sale of property will be LTCG or STCG? Is there an possible way to save tax in this case? Please give reference of sections, case laws etc. Please reply urgently since the case is covered under 44AB and due date is closing in.

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CA Ankith Jain
11 October 2016 at 18:49

Capital gain on sale of building.

Hello everyone, My query is regarding Capital gain on sale of building after 36 mths. As per me, if building held as business asset then capital gain will be always short term (Sec50) and if building held as personal asset then long term. Whether my understanding is correct?

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ROHIT SHEKHAR

Sir i wanted to know is it fesible to opt for the presumtive income scheme u/s 44 ADA for a professional if the income is around 40L.. And if this is opted do i need to pay advance tax this year... TIA

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Dhanumjaya Rayal
11 October 2016 at 12:44

Depreciation on Books

Can we consider Books and periodicals as an fixed assets in case if an individual is an ADVOCATE? Please suggest me, sir

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