Property buy 2005 - 25L
Property sale 2013 - 35L (Net after sale expenses)
Indexed cost - 2013 - 38L (Applying cost inflation index from 2005->2013 on 25L)

Capital Loss = 38-35 = 3L

Can I show a capital loss of 3L in my income tax returns?
I would like to offset future gains against this loss.

Thanks,
Kapil

When provision of Income tax is not done of income year 2010/11 and assessment made in 2012 . Now how should I made adjustment entry. And TDS on audit fee is also deposited in gov. account entry is needed in same condition.

dear sir/mam I have clear BBS(bachelor of business studies )from tribhuwan university of Nepal. now I plan to joining for CA in India so please suggest me what I have to do for that.

My uncle is going to USA and he will come back to INDIA after staying there for approx 45 days. Now my question is what is the maximum amount valued goods will be exempt from custom duty and other than this exemption limit whether he can bring with us a mobile phone or not ?????? also there is one laptop is exempt other than the original one ???? if cell is being used in USA after buying Will this also exempt or not ..??? if possible then please provide me the list of benefits . thank you

Sir/Maam
I am a CA student in my articleship period and i always have a desire to be dealing in capital markets & Risk management, but at present i am working at a CA firm which mainly deals in taxation and taking transfer at this stage is not possible.
So, if i become a CA then could I will be deal in the same, is there enough scope.

whether TDS provisions will attract if the payment is made to foreign professor for checking Ph.D thesis. Ph.D thesis is sent to the person either in physical copy or in the soft form at the place. Payment is $ 100 per Ph.D thesis.

If it attracts TDS provisions under which section and at what rate TDS should be deducted. Maximum payment per person comes to around Rs. 6500 depending upon the dollar rate.

How to file TDS nil return in RPU 3.8 Version (latest for 3rd quarter ) with out mention any dummy pan no, or any deductee record.

one of my client is getting income by way of sub-lease to the tenants and paying some amount to the landLord so here no direct nexus between landlord and the tenants and my client acts as mediater. 1.my question under which category my client has to show his income and 2.how much amount?(whether total or diff amount of rent collecting from tenant and paying to landlord) 3. how much amount the tenant has to show as rent for HRA exemption? note: all parties are individuals and my client is not falling under tax audit criteria. thanks in advance.

Can a manufacturing company take Accumulated service tax Credit of Last 2 years to set off it's Service tax liability ? Will it make any difference if it has not shown the same credit lying to its asset side in balance sheet in the Service tax returns?

Can the defective return be revised ? Hi All, Can the defective return be revised ? A new client has come to us recently . He has filed return by himself . capital loss wrongly declared as business loss. For the same he has received notice u/s 139(9),stating that p&l,Balsheet and audit report to be attached. What is the procedure to be followed for this ?