Hello Experts,

I am doing CA Articleship.
I have one query and i had also posted this on CAclub page but no one has given me the answer till now.
Actually,sir/Madam i want to know that how will we compute capital gain in those cases where the house property is taken over by contractors for the construction of 5 floors and they incur/bear the complete cost of construction & they also give some amount to the owner of that house property and in return they normally take 2 Floors out of 5 Floors which they have constructed.

So,how will we compute capital gain on the transfer of those 2 floors and how will we treat that amount which they give to the owner of that house property?

So,can u please explain me the different aspects of this case!

I will be very very thankful to you.

If Educational Institution (University) is service reciever and Service provider is Police Department giving " Security Service " then who is liable to pay service tax on service received ....????
Will reverse charge mechanism apply to this situation ....???

1.Are there any rules restricting investment in Fixed deposits out of funds received from Government??
2.Can unsettled balance in PF Account invested in Fixed deposits??
3.Can Rent amount accumulated be invested in Fixed deposits,any rules for restrictions?

Agricultural land sold in FY 10-11 Advance Received in FY 10-11 from that advance One agricultural land purchased on FY 10-11 and registry has been made on FY 10-11 but the registry for the land which is sold on FY 10-11 made on FY 11-12. Can expemtion can be claimed for the purchase of land on FY 10-11 u/s 54B?

For F.Y.2011-12(A.Y.2012-13)in case of Trust(BPT Act), I wrongly filled return ITR 5 with wrong amounts (It takes only Receipts not taken amount applied for Educational purpose of Trust.) ITR 7 for online submission for A.Y.2012-13 is not available. I have successfully uploaded return with ITR 7 for A.Y.2013-14. Now how can I revise return for A.Y.2012-13, I want to correct in ITR 7.

hello everyone. I have one doubt regarding how to calculate the value of taxable service if gross amt charged by service provider is rs. 4000 and rate is 12.36%. I want to knw the value of taxable service and service tax separately.

salary paid in cash for Rs. 40,000/- will attract 40A(3)?

if company raise an invoice and received 50% of payment in advance then what will be the service tax should pay on the next due date by the company is it half service tax or service tax on whole amount of the invoice and what will be the journal entry when book the invoice in tally.

please reply with appropriate example.

thanks in advance

Dear Sir,

I have to raise a bill. We are selling franchisee of pre-school. Which contains Trading Items & Royalty charges. I want to raise both in one bill to franchisor. is it possible.
Trading item @ 5% & Service Tax @ 12.36 on Royalty.

Pls reply.

hi experts,

my client has e filed itrv on dated 24-09-2013 for a.y. 2013-2014 and had claimed refund of 15000. but itv has not submitted within 120 days. now to get refund as it is belated return we cant revised it. can we file it again in manual? will it proceed ?
is there any other way out?