I have purchased a residential land 10 years before for 8 lacs.
I have enter into an agreement to sell the above property with someone for Rs.45 lacs and i received advance payment of rs.12 lacs.
The purchase had not paid the remaining amount and I have forfieted the above Rs.12 lacs.
Now will Rs. 4 lacs (12-8) will be taxable to me as capital gain????
We have filed Form 1A for name availability with the DIN of two directors, now one director wants to retire and add his wife as director whether there is any need for NOC or any other procedure for filing incorporation forms - 1,18 & 32
Kindly help at the earliest
Thanks in advance.
Is Fian. Act 2014 is applicable for Nov 2014 CA Final exam..??
A old age man wants to create a private trust for charitable purpose. Kindly provide some sample format of suitable deed for creation of same.
CEO of an Indian company attend a work shop at Vietnam which was organized by a foreign institution.For this it charged Rs.250000/- as fee.
TDS should be deduct or not??
If yes pls suggest TDS rate....
Whether the salary income received from The World Bank is Taxable or exempt from tax.
The Assessee is ROR in India Please specify section.
Thanks
Yogesh Kumar
CA Final Student
Can a manufacturing co. claim Cenvat credit of the service tax paid by reverse charge on legal bills/ telephone bill etc.?
any conditions for it?
Does it require any nexus to be proved with the manufacturing activity?
Dear Sir,
We are manufacturer of packing material. We got an order from USA and on his instructions we send the packing material to a person who manufactures handicraft.Handicraft manufacturer export the handicraft in our packing boxes.In his Bill of entry he only mentions his goods ie handicrafts
Problem: Our packing material are actually exported but we have no proof of export. Since, handicraft is duty free goods and handicraft manufacturer is not registered in excise and hence can not issue any form in this regard.
As a proof of export we have only Form-H which is issued by handicraft manufacturer and receipt in US dollar..
Kindly suggest how can we get the credit of excise duty paid on manufacture of packing material and other export benfits
I have received a bill from a subcontractor of piling work. He has charged service tax on it. what should be the TDS rate.
Does a sole proprietorship concern registered under central excise act 1944 covered under the defination of body entity registered as a body corporate?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Capital gain