Anonymous
25 July 2011 at 22:32

Capital gain

LAND PURCHASED DATE 01.01.1991 RS. 100000.00
BUILDING CONSTRUCTED ON THAT LAND IN MONTH APR.2011 Rs. 500000.00. LAND AND BUILDING SOLD FOR Rs. 1500000.00 IN OCT 2011. WHAT IS THE NATURE OF CAPITAL GAIN ON LAND AND BUILDING WHEN CONSIDERATION IS NOT SEPARATELY DECIDED ???????

Answer now

rupali rupam
25 July 2011 at 22:27

Section 44ad

Whether speculative business covered by Section-44AD or not..If yes which ITR will be applicable??

Answer now


Anonymous
25 July 2011 at 22:03

Super annuation fund

IS SUPER ANNUATION AMT. RECVD IN F.Y 2010-11 TAXABLE OR NOT ??

Answer now


Anonymous
25 July 2011 at 20:13

Taxation of huf

I want to create HUF. How I can create HUF? and what income can HUF have? means only income from Investment or Income like all individual have.

Answer now

umesh

i have bought one commercial property in march 2010 and for the year 2010-2011 it was vacant.do i have to consider the notional rent on such commercial property

Answer now

sonu gupta
25 July 2011 at 18:48

Want date of incorporation

I want to know the date of incorporation of HUF as per I.T.deptt. I know the PAN no. of HUF. Is there any way i can get the date of incorporation of HUF

Answer now

CELINE GEORGE
25 July 2011 at 16:58

Wrong pan on it challan paid

During payment of income tax, PAN was incorrectly filled in the challan. Hence Credit for the same is not reflected in the Tax Credit Statement i.e Form 26AS. What is to be done to make the necessary correction?

Answer now


Anonymous

Last year I have worked in 2 different companies:- 1st Job - April'2010 to 15thOct'2010 ; 2nd Job -16thOct'2010 to Mar'2011.
I forgot to submit "rent receipts" to first company during exit. I had furbished rent receipts for full year to 2nd employer. Total rent paid last year FY2010-11 is Rs. 98500/- ; First employer has not considered / mentioned HRA in Form16 ; Second employer has considered / mentioned only Rs. 54,000/- approx in Form 16/- . My total HRA eligibity from both employers is much higher. City - Bangalore.
My Queries :-
1)Can the rent component during the "First employer's" period (April'2010 to 15th Oct'10)be shown as HRA during filing IT returns...? Approximately - Rs. 44,500(98500-54000)
2)How do we do it..?? What is the procedure..??
3) Some people said, if HRA by first employer is not mentioned in Form16, then we cannot claim during filing IT returns..?? Instead, advised me to claim "RFA" (Rent Free Accomodation) amounting to maximum of Rs. 2000/- per mont for maximum 6 months...??

Pls advice as I have only few more days before 31stJuly..

Answer now


Anonymous
24 July 2011 at 22:40

Doubt in ITR-4

Dear all,
our client is attracted to sec-44AD&AE and got 2 house proprieties,so started filing in ITR-4,and but the income is showing in negative in BP Annexure of ITR-4 after the income details.Why its so?

Answer now

Ankit Kumar Agrawal
23 July 2011 at 19:11

audit liability as per sec 44ab

a person engaged in business of consignment agent and his gross receipt from commission rs. 28000/- and he has maitain books of accounts. as per books of accounts his business loss is rs. 7000/- after claim expenses. so tell me audit of book is mendatory or not

Answer now





CCI Pro

Follow us
add to google news


Answer Query

Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details