If father sells his flat and earns long term capital gain, and he wants to invest this money in the flat to be purchased by his son, then is his father is liable to pay the tax on LTCG.if not please give me the case laws.
Thanks.

In IPC May 14 audit examination, question said 'State whether following statements are correct or incorrect'. I, being a little nervous, solved all of them correctly but instead of correct and incorrect, wrote true and false respectively. Would my solution be considered?

hi,
i want to know that... which additional course i should pursue with ca for better career .
i'm from Rajasthan and i could not attend the LLB entrance exam as this year ca-ipcc exams held late because of elections .
now what i can do ?
i think LLB is not possible this year as the LLB Entrance exam was on 1st june 14 .
so what are the remaining option ???
thanks

if any payment made above 20000 for capital expenditure.Is this allowable or not u/s 40A(3)

Dear All,

We are manufacturing company in Gujarat.We have depots outside Gujarat i.e. in other states.We are transferring stock to depot as Stock Transfer and Depots are selling material onwards.

Now the question is the ITC Disallowed due to Branch Transfer and OGS Sale will be part of Production Cost.

When we will do valuation of Finished goods,whether it will be part of cost or not.

Thnks.

It is given in S. 64(1A) that clubbing provision is also applicable for Minor Married Daughter.

My question is
When Minor Married Daughter is earned from money given by her husband, whether income of such minor will be clubbed in the hands of parents or her husband.

Pls tell me difference between lc and lg,cc and od,ca ?

Sir,
"Are statements and guidance notes issued by the ICAI mandatory or recommendatory for audit purpose."

On 06-Jun-2014 7:14 PM, "priya meher" wrote: I have received a letter from the institute on 9-04-2014 regarding provisional admission for may 2014 exam. . And in my admit card also it is written provisional addmited in the status. So I wants to ask u that what I have to do... Whether I have to send any form or letter to institute..

I have a client (A) in Delhi who has a customer (B) in Haryana. B has a Factory in Haryana which requires Hydrogen Gas for its manufacturing activities.

A shall invest and manufacture the Plant in Delhi or Noida and install the same at B's Factory in Haryana. The Plant will generate Hydrogen Gas. For the production of Hydrogen Gas, A will supply Ammonia which is a Raw material to produce Hydrogen. B shall use the Hydrogen for its manufacturing activities.

A's technical team shall maintain and operate the Plant at B's Factory.

The Ownership of the Plant will be with A, however B will have the right to use the Gas.

A will charge B Certain Amount as Lease rental calculated on the basis of the amount of gas used by B which will be recorded by a meter reading in cubic meters (say 100 cubic meters)

I want to know the VAT and Service Tax Implications on the above transaction.