if in a company a person had given guarantee, the company became NPA and property of guarnter also sold in auction by the bank. here what will be the tax treatment for the property of guarnter which were sold in the auction.
Answer nowDear Friends and Sir and Madam,
When a partner retires from existing p'ship firm by receiving amount of his share by cash/cheque(viz.after revaluation of fixed asset-Land in this case,) in such case whether tax liability arises?
if yes then, to whom? and if no then, why?
I need detail answer with referance please,
my client had registered madrasa under wakf board. now he wants to get 80g registration. what is the procedure to get 80g registration.
Answer nowone of my client is having two residential property. one is self occupied and second is vacant. Now he sold out the vacant property and purchase a new property. My question is whether he can claim the exemption of section 54 against the capital gain, whereas he has already a self occupied property.
Answer nowNo TDS required to be deduct on service tax portion..
Answer nowDear Experts,
I need your help regarding applicability of Sec 195 of Income Tax act.
One Indian company is making payment to foreign branch of another Indain Co in Singapore Dollar.
Weather witholding tax is applicable U/s 195??
IF AN ASSESSEE HAS PROPERITIORSHIP BUSINESS AND ALSO HE IS A PARTNER IN A FIRM
WHICH ITR HE WILL FILL?
There was a mistake in entering the TAN number of the deductor while filing the TDS information in the Income Tax Return .Income tax dept send a notice u/s 143(1).We filed a revised return rectifying the mistake as well as filed a rectification u/s 154 .Now we are receiving a answer to the rectification filed u/s 154 ,where the dept has disallowed the TDS and charged interest on the same and created a demand, Which is not at all geniune.In the reasons for rectification they have mentioned that 26 AS needs to be rectified.The mistake was in the return filed and not 26AS.How do I act now,Please guide.
Answer nowThere is a property valued Rs. 1 Crore was purchase for which, Agreement was made on 15 July 2013. Against this, some paymnet was made before the date of agreement i.e. in January 2013.
Now Payment was made to party without deducting TDS. Whether there is a Liability under sec. 194 IA for deducting TDS
Dear All,
I need to ask, if I want to file ITR for Cooperative Society manualy, what are the documents required to be attached with ITR as may be asked by registrar????
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Capital gain