Anonymous
18 February 2012 at 18:12

Pan query!!! urgent

One of the Persona applying for PAN in the name as Vishnu Shankar G C Sharma ,Also the Id & Address Proof are in same name,but TIN-FC not accepting the same saying to include full form of G C in application, What to do??????

Answer now


Anonymous
18 February 2012 at 16:34

U/s 143(3), 147

sir,
my assess is x pvt. ltd. was issued share capital and received a/c payee cheque.

but which company we issued share capital was
surrender that i received share capital in cash
and my company case in cometax

so please guide me

Answer now


Anonymous

a family has parental land (family includes a person , his married brother & married sisters , a toal of 9 persons )now the son of the first person is intended to use the land as marriage lawn & some shops have already been built previously that are on rent.the other members of the family can give thier consent regarding that land to be used by the first person . the first person is already engaged in a dairy farm.now he wants to be clear that - should he make a trust or any society to run the marriage lawn ?

Answer now

Ankur Issar
18 February 2012 at 16:00

Capital gain

A person has booked a flat in gurgaon and paid an initial advance to the builder thereby acquiring the right in the property. Thereafter he had paid the installments to the builder for obtaining the possesion of immovable property.But when few installments are still remaining he had assigned all his rights in a property to another person. Give ur opinion as to whether right in a property is the capital asset or not? If yes, then under what circumstances it will be a short term capital gain?
whether period during which a property was merely a right is to be considered for determinin g the nature of capital gains?
What will be the cost of acquisition of assignment of right in the immovable property?
Please give your opion on the basis of relevant sections , case laws , circulars and notifications as soon as possible
thanks in advance

Answer now

shailja golash
16 February 2012 at 20:53

Impact of income tax

MR.A PURCHASED A PROPERTY FROM MR.B AT THE TIME OF PURCHASE PAPERS OF PROPERTY WAS NOT CLEAR SO MR.A CANNOT AVAIL THE BANK LOAN FACILITY AND HE PAID 80% OF PROPERTY VALUE BY TAKING A PERMANENT WITHDRAWAL FROM ITS PROVIDENT FUND ACCOUNT IN 2011. NOW THE PAPERS OF PROPERTY ARE CLEAR AND BANK IS READY TO GIVE LOAN AND AFTER TAKING LOAN MR.A WILL GET INCOME TAX BENEFIT AND BANK IS READY TO DISBURSE THAT 80% TO MR.A AS HE HAS ALREADY PAID THAT AMOUNT OUT OF HIS PF TO MR.B . IS THERE ANY INCOME TAX PROBLEM IF TAKES THAT 80% AMOUNT FROM BANK . PL.ADVISE

Answer now

Nikhith
16 February 2012 at 14:05

Interest u/s 234a, b ,c

for calculating interest.the tax payable should be rounded to ? for eg. its 25367 it should be roundedd off to ?
Thanks in advance

Answer now

VIVEK SINGH
15 February 2012 at 10:52

Gift on the occasion of marriage.

Dear sir,
If an individual receives a gift of Rs. 200000/- lacs in cash, from his father-in-law on the occasion of his marriage. whether the said gift would be allowed by Assessing Authority as exempt ?
Regards !

Answer now


Anonymous
13 February 2012 at 17:37

Disclosure of exempt income in itr

Hi,
During 2011-12 (F/Y) My friend received PF, Gratuity, earned Leave etc on his retirement, which is exempt from tax-

Now my question is whether he should disclose all these income on consolidation basis on exempt income box.

Answer now

Vikas Malhotra
13 February 2012 at 13:50

Mat

Dear All,
If a company was having speculation loss in last FY and in this year there is only speculation gain, no other business profit will the MAT be applicable. IF YES on which amount

Regards

Vikas

Answer now


Anonymous
11 February 2012 at 13:35

S-244a

what is the simle meaning of u/s244A?
and what is difference between s-234D?

Answer now





CCI Pro

Follow us
add to google news


Answer Query

Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details