Scenario: Purchased a flat in 2011 but due to some issues with the builder the case went on to Supreme Court who appointed NBCC for construction of projects.

Now they handed over the possession and NOC of the flats in Mar 24. But registration will still take sometime, an year or so.

Question:
If we sell the flat now will the duration of holding of flat be counted from Date of Allotment (BBA issue date) or Date of possession and accordingly will it come under under Long term capital gain or short term capital gain.

whether Sale minus purchase is profit/loss.
Sum of profit and loss is turnover.
and Deduct security transaction tax and CTT and calculate capital gain.

what is method of calculation of income tax on F&o ,Currency and Commodity .

CASH RECD ON MARRIAGE OCCASION FROM FRIENDS & OTHERS
TO DEPOSIT IN ABNAK A/C

AMIT LIMIT TO DEPOSIT IN BANK A/C

TIME LIMIT TO DEOSIT AMT IN BANK

PRECAUTION TO TAKE

IF AMT EXCEEDS 50 LAC ????

ANY SUGGESTIONS ??????

Hi Good Morning,
I have following queries for A/Y 25-26:
1- *If a Partnership firm is solely engaged in commercial leasing of warehousing*- can this income be treated as business income and claim all related expenses like - R&M, Salaries, Interest, Admin Overheads and Depreciation.
2- *if answer is no*- and income need to treat as Income from House Property, can the firm claim deduction of Depreciation from total income.
3- What will be treatment of Capital subsidy from Govt against this warehouse's Capex ,
Govt will provide 25% cost as subsidy over a period of ten years - 2.5% per annum,
will this subsidy be treated as income or will be reduced from capex value and not taxable.
Will this subsidy be treated 2.5% per year over a period of 10 years or whole subsidy i.e 25% will be treated in first year?
Pls advise
K M Goyal
M No. 9899799000

In case of Revised TDS Return, whether there is any time limit to issue TDS Certificate. Secondly whether we have to generate TDS certificate of person which was added/amended newly or all person TDS certificates needs to be generated.

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ye message aata hai from last 3-4 days

I had purchased a flat in aug 2023 against sale of shares and claimed sec 54 f exemption. Now I purchased another flat in nov. 2024 due to which the earlier 54 f exemption claimed in fy 23- 24 will be revoked and added to this year ie fy 24-25 income.

My query is - how much tax I will have to pay on this revoked 54 f capital gains .
Since I am a senior citizen with no income from profession or business, am I right in presuming that there will be no advance tax

Regards

My Client purchase agri land on April 2022 and Sold on May 2023 within 13 months. can he get exemption u/s. 54B for Capital Gain.

I AM GETTING ERROR- "INVALID PAN. PAN format should be First 5 alphabets, then 4 digits, then ALPHABET WHILE GENERATING .XML FILE FOR ITR OF AY 2018-19. HOW TO SOLVE THIS PLEASE ADVISE.

THANKS,