during assessment proceedings i have surrendered an amt of rs 150000/=(being short term capital gains)AS PER SEC 50C OF THE I.T.ACT1961.And the learned A.C.I.T has initiated penalty proceedings u/s271(1)(c) of the i.t.act1961.The assessee neither concealed any income nor filed any inaccurate particulars of the same.please tell me any case lawto withdraw the penalty proceedings initiated againest the assessee.

Hi

Can anybody tell me about the fee structure for obtaining EPCG licence.

Thanks

i have sold my property to two different persons in two parts one to each person then in this case can i purchase two different proprties without paying capital gain.

Hi,

Can anybody guide me on EPCG procedure all steps starting from document collection to completion of export obligation. plz also mention the forms to be submitted .

Kindly help.
Thanks

Hi,
Can anybody guide me on the Complete procedure for EPCG Licence?

Wherher I have to file Apllication form in Appemdix 10A or ANF5A
Plz guide me.

i got an affidavit made on rs 10 stamp paper and even got the notary done for proof of date of birth in 2009.but i did not get it used.now i again need a affidavit can i use the same affidavit or is there any expiry time after notary is done

Hello Expert,
I am planning to buy agricultural land at my home town. I am falling in 30% tax slab.

Can you pls advice me with your valuable inputs:

1. Is there any benefit/drawback in purchasing that land in my name ?

2. Should I purchase this land in my Father's(Sr. Citizen) or wife's name ? since I am falling in 30% slab of income tax.

If I have 25 to 30 employee. The ESI & PF is applicable. If applicable kindly brief me what should i do for the same.

My client wants to sell his property in India and from sale proceeds he wish to start a restaurant in Australia. Can he remit outside India and what are the procedures to be followed. And whether he need to form company overhere and then invest overseas??

sir
my late father used to pay income tax on behalf of huf.he died 5 years back. the property has to be divided my uncle and me.due to some differance its under pending,but we are equal dividinag the the rent,but we are filinag the tax under his name is it ok nor not.can we file income tax seperatly for rent we recive without divding the property.(with do course it will done)if yes what is the procedure

thanks

madappa