We are three sisters and have a land which was gifted by our father in the year 1960 . And now we have formed a partnership firm to developed a building construction for commercial purpose. Now Questions are :
1) Is it needed to make valuation of the said land ?
2 ) If answer of 1 is yes, then what method should apply to make proper valuation of said land and it should be acceptable to I.T Authority??
3) and it is needed to pay capital gain tax when we are transferring the land to our farm as share of capital ??
Hi,
Please tell me the procedure for calculation for tds on salary
Dear all,
Form 16A TDS certificate not able to download from NSDL web site. its showing message like data updated before 31st october 2012 only available. what to do data update after that. Whether form 16A is to b issued manually as were doing earlier? Kindly guide........... Thank you
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What will be the Net Income & the Tax Amountif Sale of Land (not Agricuture):-
Full Value Consideration on 01/12/12 is Rs.800000/-
Cost of Acquisition Rs. 400000/-
In Schedule CG - C Date LTCG Provision and LTCG No Provision what figure and in which Date we will mention which figure if there is no any Investment and kept in Bank FD.
if a transferor purchases new property in name of his wife can he claim exemption u/s 54
please give any case ref
Dear Experts,
My grandfather who is 80 yrs has certain FD on which the bank has deducted TDS.The problem is I am not able to view the Form 26 AS.I have registered his PAN in the income tax but not able to find the tab form 26AS anywhere.Can u help merd....
Thanx & regards
first i have recieved 143 (1) notice for ay 2011-12 in which i was not satisfied so i submitted 154 reciticfication online now again i have recived the rectified notice 154 order in which i am still not satisfied so i am submitting online 154 rectifcation again but the online system is not accepting showing error that rectifcation already submiited by u are not allowed to submit rectification request unless the previous request is processed please advice i have calledd many time to cfc and send email of screenshot of error but still the error is coming what do now please help
i want to start filing the my return physical in hard copy.?
how can i get information , for where i have to file the return and ward wise?
pl suggest the onlline help where i can get the guidence?
how to file tds returns when challan amount is more than tds amount is required to be deducted.
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Whether TDS is applicable on internet charges, VOIP Charges, Telephone charges etc u/s 194J due to amendment of the definition of Royalty under the said Sec.
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