mr.A is contractor. he made an agreement with B housing society , that he will use societies land for redevelopment. he will give 20 flats to society and will sold 10 flats by owen.

at end of the year the building is 60% completed.

plzz suggest how will he recognise revenue
and profit

If I have purchased a property aggregating to rs. 7.5 cr. For which payments of Rs. 4 Cr have been made before 1.06.2013 and no agreement for sale has been made till date. Question is whether TDS has to be deducted on full consideration of Rs. 7.5 Cr or only on balance Rs. 3.5 Cr.

Thanking in advance.

Dear Team,

We are Pvt. Ltd. Company. My One director has gone to France & Germany Visit with his father for official work. We have 1500 Euro and 10 USD in our company books which he can use. But he spend 2600 Euro. He took balance euro from his friends & father. He is telling you will reimburse the balance amount i.e. 1100 euro in INR. Our Auditors is not accepting this. Can anybody please tell is it possible or not.

To,

Dear all

we have recd. an intimation u/s.200A, as per that payment to be made towards late filing fees U/s.234E. My question is that, through which challan would i make the payment. If it is ITNS 281 then under which code payment has to be made. And if interest payment has to be made which code is applicable..

please guide me


Thanks & regards

I PURCHASE FLAT IN 1983 AND I SOLD IT IN APR 2012 FOR 30LACS AND PRUCHASE NEW RESIDENTIAL UNIT FOR 38LACS IN AUG 2013 MY QUESTION IS AS FOLLOW

1-WILL I BE EXEMPTED FOR CAPITAL GIAN TAX

2-I HAVE PAID RESGISTRATION FEES OF 30,000 AND STAMPDUTY OF RS 190000/- WILL IGET DECDUCTION OF IT IN MY INCOME TAX RETURN AND TILL WHAT LIMIT

3- AS MY FORM 16 IS NOT RECVD CAN I FILE THE RETURN AFTER 31 JULY 2013

Hi,

Please suggest whether Purchase of user licence for operating ERP needs to be capitalised as intangible asset in the books of account as per AS-26 or expensed off in the year of purchase?

Thanks

Poonam

Hi!
I have a grocery store.

Can i make cash purchase of any agricultural product like wheat, bajri, moong of more than Rs.20000/- in one transaction at a same day?

As much i read, is it allowed under rule 6dd?

Dear Sir/Madam,
I have been registered as an articled assistant since Feb 2011 but have not received the IDENTITY CARD for the same. Will it pose any problem? How to apply to obtain the identity card? I have received the articleship registration letter.

Hi, i ask query about tds interest calculation as i short deduction about 194c contractor for the month of May'12 payment paid on June'12 6th i have noticed short deduction after June'12 payment will added on July '12 paid in short + current month TDS both. but now my query is how i calculated interest for the one month.

Hello, plz can anyone provide me the procedure of change of name of the company immediately after merger of the company, for example if co. A and Co. B is merging after merger name of the company is A but company want Name B, so, is it possible to change immediately change name from A to B??