ONE OF THE PVT LTD CO HAVING LAND SHOWN AS FIXED ASSETS, NOW THEY WANT TO DEVELOP THIS LAND FOR HOUSING PROJECT WITH A JOIN VENTURE AGREEMENT AND THEY WILL GET ONE TIME LUMP SUM PAYMENT AS WELL AS SOME FLAT, PLZ LET ME KNOW THE TAX LIABILITY IN THE HANDS OF THE LAND OWNER AND WHETHER ANY EXEPTION IS AVAILABLE TO HIM OR NOT.
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THANKS
SANJAY

R/Sir
While filling form 56 D for claiming exmeption u/s10(23D)
Which year is to be mentioned whether Financial Year or A.Y for which exemption is sort ti be claimed??

A Company wish to gift a car to a consultant apart from the agreed fee, as he helped them in acheiving financial closure of a project in quick time. whether TDS provisions are applicable in case of gift of car. if yes, which section/case law deals with this?

please help me out

If an assessee sells a residential house and purchase the reseidential house from her wife name, whether exemption u/s 54 can be claimed.
If Yes, Whether A.O can treat it as Gift or Loan to wife and taxed the same under the head income from other source.

One of my clients(indian company) have paid commission to a japan company. Is this indian company have to deduct tax at source on such commission paid? If there is any case law or articles on this topic, please let me know.
Thanks in advance

Sir, i need to ask for surrenderig pan of firm,is there any applicaton format to write to AO for this purpose.
or a simple application could be given ?

please reply

When assessee expired before October in the previous year. Whether income earned by the expired person in the previous year is taxable under income tax act 1961? Who has to file expired persons return ?

Dear Experts,
How can we get eTDS returns FVU file for last 2 years.

Thanks,
Nagaraju.

contribution to unrecognized provident fund is disallowed while compuitng business income.


But if the fund gets recognized with retrospective effect, will the previously disallowed contribution be allowed subsequently????????
please answer asap

What is a definition of words "Contract" & "Professional Services" in light of provisions relating to TDS under Income Tax Act,1961.

How to draw difference between "Contract" & "Professional Services" when a services rendered by person can be prima facie covered under "contract" & "professional services" both.