A RESIDENTIAL HOUSE PROPERTY IS PURCHASE ON DATE 04/06/2005 FOR RS. 352510 INCLUDING STAMP CHARGE AND REGISTRATION CHARGES.
SAME IS SOLD ON DATE 29/07/2009 FOR RS. 675000/- THERE IS CAPITAL GAIN ON PROPERTY.
A NEW RESIDENTIAL FLAT PURCHASE ON DATE 24/11/2010 FOR RS. 1035195/- INCLUDING STAMP CHARGES AND REGISTRATION CHARGES AND ALSO 55275/- FOR LIFE TIME MAINTANANCE.
A CAPITAL GAIN WAS DEMANDED AS EXEMPTION IN THE ASSESSMENT YEAR 2010 - 2011.
NOW NEW PROPERTY WAS SOLD ON DATE 25/09/2012 FOR RS. 1060000/-
AND NEW HOUSE PURCHASE FOR RS. 1165200/- INCLUDING STAMP CHARGES AND REGISTRATION CHARGES
SO WHAT IS THE TAX TREATMENT ON THE ABOVE CASE
IT'S VERY URGENT
REPLY FAST AS EARLY AS POSSIBLE
THANKS IN ADVANCE
How to study IT for IPCC ...The portion is huge..nd each nd every sentence isn't.possible.. I studied 2 chapters two weeks ago...nd now when I sat to revise I juz cud hardly remember anything... But this isn't the case with other subjects..they are mostly conceptual ..so getting them is not that difficult..But plzz plzz help me with IT..plzz..some memorizing tips ..plzz
Can car Loan be taken for exemption under income tax?
Dear Sir,
We have recd a goods from the party. Polyester Texturised Yarn (5402 3300) which is exempted to the party against Notification no 30/2004.
We have purchase the goods they had not charge excise on such those goods while we want to sell the goods to another party should we have to charge excise or not...????
One person has said me u can clear the goods as Goods removed as such clearance Under Rule 3(5)..
Is it Right?????
hi experts, what is custom duty? when its applicable? what are the terms and conditions?
hi,
I want to know the custom classification of a mobile cover which is made of plastic and man made fibre.
As far as I have researched the classification is under 4202 but can someone confirm it.
p.s these mobile covers are similar to flip covers we see in mobiles and partially made out of plastic and partially out of fibre
Dear Sir,
I wish to clarify the following doubt
I.e. Recently MCA asks the proof for registered office. How is it possible to produce the proof in the name of Company before incorporation?
Normally what type of proof can be submitted as proof of regd office?
MERE PURCHASE OF SOME MATERIAL FROM USA SHALL BE LIABLE FOR TDS AS PER DTAA OR INCOME TAX
ITS URGENT
Dear Sir
i have depsoit the TDS thorugh Net Banking but when i m choosing the assessment year by mistake choosen the wrong Assesment year 2013-14 insdeed of 20014-15. please tell me any remedy or advice for that.
plz give some suggestion that m taking transfer from my previous firm nd jis firm me ja rai hu usme bank audit nd internal audit hai nd another offer is ak office me job mil rai hai jisme account ka sara work muje karna hai so plz suggest me should i take transfer in new firm or take dummy to join ofc
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Capital gain