Anonymous
12 July 2013 at 18:55

Income tax & gift tax

Dear Sir,

I am having 1 property situated in Mumbai purchased in the year 1995 for Rs. 5 lacs holding jointly in the name of my Father & Mother. Now I want to dispose off that property. Sale consideration will be around Rs. 40 lacs.

Further I would like to purchase new property for Rs. 45 lacs jointly in my name & my wife from the sale consideration of the above property.

Queries:
1) Whether I should transfer Rs. 40 lacs after the sale from my fathers a/c to my account
2) Whether my parents should gift the property to me
3) Whether the new property should be jointly owned by me, my wife and my father

What will be provisions of Capital Gains & Gift tax applicable.


ina singh
12 July 2013 at 18:43

Prequist tax

What us prequist tax?and how wil u compute it on 100000



Anonymous
12 July 2013 at 18:42

Help me to get admin manager job

At present I am working in Admin Excutive-Senior level in MNC, I have to work in night shifts only. Due to health reason I am searching Admin manager job in domistic companies (day shift purpose)
I have 8 years experience in Admin department only.
Job Duties:Transportation, Pantry management, Housekeeping, Security, General Services, Event Management, Statutory Requirements, Project Management

Please read my request and also help me on this to get best job in domestic companies



Anonymous
12 July 2013 at 18:37

Re: maharashtra vat

i recently got my vat & cst number and have not done any sale. it has been told to me that 25th july is the last date for filing returns and failing to do so there is a rs.5000/- fine. so should i file the returns as nil or only after doing sale should i file it. thanks



Anonymous

Dear Experts,

Our client is engaged in the business of providing club membership + holiday package of hotel stay

(Club and Hotels are not owned by them. They enter into agreements (tie ups) with various clubs and hotels).

Can we take benefit of abatement of 60% available on Package Tour by notification 26/2012.??


Sandip Londhe
12 July 2013 at 18:32

Excise duty pass on procedure

We are Developer of Software and Hardware, We are planning to register for excise, Pls advise how to register with Excise..can we apply for First Stage Dealer or Second Stage Dealer as we are directly purchasing material form manufacturer and we ant to pass on Excise to our customer..Kindly advise how to deal with it..do we need to file Excise return for it also..?

Pls advise.


yashdeepk
12 July 2013 at 18:30

Peak credit theory

The assessing officer has made additions to the total income on account of undisclosed cash credit. The AO has added the amount deposited without giving set off of amount withdrawn. However, as per the bank statement there are deposits as well as withdrawals from the account.

The department has gathered the bank transaction details though AIR.
The assesse is a salaried employee.
Whether we can take peak credit as our defense.
As The assesse is not maintaining books of accounts whether Sec 68 (undisclosed cash credit) can be applied by the dept.
Kindly guide.
We have taken the ground that the assesse has given loan to his friend which was repaid by them into his account. Thus, there is only circulation of fund. But we have no concrete evidence about the said matter.


CA Minhaj Ansari

I want to Know if Legal Exps incurred in respect of Advance for Land? wether such expenditure Capitalised or not?

& if Advance for land Cancelled in Next year what would be treatment in next year?

Kindly resolve my query?


Ushanjali.Kotyala
12 July 2013 at 18:20

Lost certificates

I have cleared 1st group of my ipcc and joined articles,but unfortunately i lost my cpt marks list,ipcc grp1 marks list i.e statement of marks and ipcc registration letter send by ICAI,what should I do now?how can i apply for duplicates?


Nishtha Gokani
12 July 2013 at 18:09

Status of articleship

Can anyone plz tell me the status of my articleship registration ???

or guide me the procedure..
plzz





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