PURCHASE OF HOUSE:- TRANSFER THORUGH WILL COST 1.49 LACS IN APRIL 1984
I HAVE SOLD THE SAME HOUSE IN AUGUST 2011 FOR 60 LACS AND PURCHASED A FLAT IN NOV. 2011 FOR 25 LACS AT DELHI. AND THE AMOUNT OF RS. 30 LACS WAS DEPOSITED IN CAPITAL GAIN A/C. NOW IN THE MONTH OF JANUARY 2013 I HAVE PURCHASED ANOTHER FLAT AT MUMBAI FOR RS. 30LACS BY WITHDRAWING FROM CAPITAL GAIN A/C. I WANT TO KNOW WHETHER I AM ELIGIBLE FOR EXEMPTION U/S 54 BEING THE SECOND FALT PURCHASED IN THE CURRENT FINANCIAL YEAR.
IS THERE ANY CASE LAW FOR TAKING INDEX OF 1984-85 AS THE PROPERTY IS TRANSFER THROUGH WILL IN 2008-09.
what is the rate of TDS deduct by the bank from the FDR interest of NRI customer? if that customer has no PAN? 20% or 30%.....?
Answer now
Is refund of CENVAT balance possible if the Company is not a going concern?
Please let me know the rate of Depreciation on CCTV Camera & Television if the same is installed/held within Factory Premises & used for Business Purposes as per section 32 of I.T. Act. Moreover in which Block of Asset the same are to be classified for I.T. Purposes.
Answer now
Hi,
If a company pay dividend on Equity or/and preference share, company have to pay tax on dividend. But if a company redeem preference share on premimum, Whether company have to pay tax on premimum, If No, Why?
Dear Sir,
This is related to foreign allowance to company staff. As per our company policy we would like to give Foreign travel allowance to our staff for foreign travel.
In this case this allowance need to add in salary/ Form 16 ? and salary TDS need to deduct or not on this?
Regards
we are a properitorship firm engaged in manufacturing of machinery. we took loan from SIDBI in foreign currency to purchase assets.on 31.03.2012 we arrrived at a loss of Rs. 18.50 lacs on account of foreign exchnage while valuing the outstanding amount in Loan with SIDBI.Loan is taken in foreign currency.
Can we claim the deduction of this loss in P&L Account or it will be disallowed under the provision of Income tax act.
Thanking you
I got pension arrears+gratuity for 3 years and employer already deducted the income tax as source. I want to know where to submit form 10E now.
1. Do I need to submit to employer or
2. Direct to income tax dept. if so than what document I need from my employer apart from form 16
how it will work.
Please advise.
Harpinder
Hello Experts & CA's
What is the rate of depreciation on dental medical equipments like Dental CHAIR unit inclusive of X ray. Surgical Equipments.
Regards
Sanjay
Can anyone tell me meaning of Date of Booking As i saw in Form 26AS.
Also since i have 1000 clients of IT....can any expert tell me till what time I can get All TDS information in Form 26 AS....Is it can be seen on 30th April since it is last date to deposit TDS...or it may 15th May since it is last date for TDS Return Filling or it may also be more late....?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Capital gain