Dear Sir,
One of my client has purchased a old residential house and demolished it. And after that he constructed five shops at the ground floor and then he constructed a residencial house on the 1st floor for his own purpose.
Now he has sold all shops made on ground floor.
Now my question is that selling of shops will fall in the head of capital gain
or
it will be consider as business activity like the builders do.

Please advise me.

One of our client using software which is operated by Australian company and they are charging maintenance charges of that software. which is paid by us in foreign currency.

that company doesn't having any establishment in india. whether this is liable to TDS & service tax.

if yes than at what rate.

Dear Experts,

i have filed late return two days ago but by mistake i have not include Rs.5000/- tds,sothat client have received less amount of the same. iam aware of that less return can never revised .is there anyother way.pls guide me sir.............

While depositing the TDS Challan we have deposited the TDS amount & Interest on it combined without bifurcation because of that now default has arised of Interest amount.
Please let me know how we can correct this default without paying any amount more.

Thank You

A trust formed 2 years before but not yet registered u/s. 12 A of the Income Tax Act, 1961. Now, is it possible to apply for exemption registration??

Thanks in advance

Hello Expart

We have issued Purchased order with one of our Supplier for renovation of building,
Purchase Order contain materials and service charges.
Supplier raised Invoice seperatly, one invoice for materials with VAT and other for services with applicable services tax.

Can w deduct WCT as well as TDS on both bills.
Please suggest

Hi
I would like to know which is a better way to show the income from commercial property(under a mortgage loan)i.e.under house property or from business/profession.Please let me know in detail with reasons considering the provisions of wealth tax and related laws..........

Hello All

We have entered in to an annual contract for getting import data with an Indian Co. Whether we have to deduct TDS on it. Payment is of Rs 53000/-

What is minimum age for a individual for PAN card

Dear Sir,
I want to revise TDS return for the year 2011-12 , but I don't have USR ID for get FUV file from NSDL. I checked NSDL website but there is not a option /link for new Registration. so please advice me for how to get User ID & Password.

Thanks in advance...

Ganesh Patil