Dear Experts,
In case of a collaboration agreement with a builder, in which 4cr is paid in advance by the builder against which he gets the second floor(22.5% share according to the contract) out of the ground+3floors he will build at his cost.
-Can the 4cr be used to buy an apartment and get exemption from capital gain tax?
-When does the capital gain account needs to be opened,after the possession of the new building and the registry for the second floor to the builder,or after a year from when the 4cr was received?

-initially it was a 20yr old constructed house in defence colony
-under the joint name of husband and wife.

Thanks in advance

hii frndds,

i have cleared my ca final today in my 1st attempt getting 10th rank (all india


my question is wat r my chances of getting placed at icai campus as I HAVE CLEARED MY IPCC 1ST GR IN 2 ATTEMPTS AND 2ND GROUP IN 3 ATTEMPTS????

Hi Experts,

I have filed the returns manually for last 2 years. But I don't see that online.

Also I tried filing returns online but could not as the TAN no BLRM005590E showed invalid.

I would like to know how can i find out that a valid tan for Bangalore.

Dear Sir,
This question has been asked in different ways, but since I'm unable to get an convincing answer, I'm posting this again.

I'm using Google Adwords and my bills are raised by Google Inc, Ireland and payments are made in USD through my credit card.

Will there be TDS applicability for a company established in Ireland (I doubt b'cos firstly, there'll not be an Indian PAN no for them).

I read somewhere in the forum "2. TDS on Advertisement Income of US entity is to be made only if, US entity has a permanent establihment (PE) in India. Please obtain a declaration/confirmation from them as to whether or not they have a PE in India."

Now we do have a company called Google India Private Limited, which has a PE in India. However, Google Inc doesn't have a PE in India.

hi friends,
i wanted to know whethr TDS will be deducted on interest earnd above 10000 even if i am m coverd under the basic exemption limit of 2 lacs.??

i am going to e-file return of itr-1 of one of my frnd's father who was died on may,2011 for refund purpose for a.y. 12-13..i just want to ask after filling of return we have to send the hard copy of itr-v to banglore..so on behalf of father who can sign..? nowhere is mentioned authorised/legal heirs signature in the return.. so what shoud i do to get the refund..?

When will form 16 & Form 16-a be issued? Ie. Can it be issued to a person with NIL deduction
Will gross amount be reflected in Form 16?
Tanks in advance

A person has the following income during April 2011 to March 2012:
1) Income from Salary
2) Income from Other Sources
3) Long Term Capital Loss from sale of equity shares and units of equity mutual fund schemes

According to the instructions given for using "SAHAJ" form, a person cannot use this form if he has "income under the head "Capital Gains" which are not exempt from tax, e.g. short term capital gains or long term capital gains from sale of house, plot, etc.".

If a person has very small long term capital loss, which he does not wish to carry forward, can he ignore the loss and use "SAHAJ" form for filing his Income Tax Return for AY 2012-2013? Kindly advise.

Dear Sir,
I want to know that when will bank deduct tds on fdr ,i.e. its deducted on mature of fd and is it deducted on above rs. 10000p.a.

I am salaried person working with a company my salary is Rs. 150000, and i am also an LIC agent my commission from LIC is 50000
and some other income
which itr i should file for all the income
......Plz reply me...as soon as possiable..
THANK you