l
Assessee purchased two land on the following dates:
1 14.02.1995 cost of land: Rs. 38334
2 31.05.2001 cost of land: Rs. 94110

During A.Y. 2013-14 assessee sold the both land( sale valuebreakup is not determinable for each land)
on 26-02-2013 for Rs.9011111/- & he done investment in House in March for Rs.7857000/- Kindly guide how to compute capital gain & exemption U/s 54F For claiming maximum benefit... plz rp

Dear Sir,

i am working in construction company as a cost accountant, i want to know whether cost audit is compulsory for construction industry. kindly clear my doubt with details

Thanks & Regards,

BALA GANESAN S

Dear sir,
I was hindi medium student till IPCC. But now I take English medium for final.How I can study of final in english medium.

Dear All,

We paid Service Tax for Freight on 05/07/2013.We want to utilize the challan amount for the month of Jun-13 Excise Payment. Is it possible. Please give me the suggession.

Dear All,

A Pvt. Ltd. company is presently having the below main object clause:

"To carry on in India or elsewhere the business as traders, merchants, wholesalers, retailers, liasioners, stockists, products booking, distributors, importers, exporters, middle man, brokers, suppliers, indentors, C&F agents, commission agents, buying agents, selling agents, or otherwise to exchange, load, unload, handle, deal in all types of machinery equipments, components, electrical & electronic goods, articles, things, products, all commodities, consumables, accessories, spare parts, ingredients, systems, substances, instruments, chemicals, devices, fittings, tools, dies, jigs, compounds, raw materials, by-products, semi-finished products, materials, wastes, residues, derivatives, appliances, stores, preparations, mixtures, vehicles and other items, used in any industry, commerce, transport, public welfare needs, defence, aviation, agriculture, construction, power, transmission, pollution, or in any other field and to do all such incidental acts & things necessary for the attainment of the foregoing objects."

The company already carries out activities of maunfacturing and selling of its products to wholesalers as well as retailers.

Presently the company is planning to incorporate more products in its profile and opt for direct selling for selling its products in the market.

Hence my query here is that whether the existing main object clause as mentioned above is adequate and can the company opt for direct selling under this clause itself or the company needs to alter its Main object to state the object of direct selling.

I hope my query is clear. Plz guide.

Thanks

Dear Sir

We have taken office & Furniture on rent & deducted tds on furniture @ 2 % for F.Y.2011-12 & 2012-13 & deposited the tds & return after seeing rate from simple tax web site but now I have seen in Ready recknor that it is 10 % on furniture & fixure.

is there any solution for the same ?
Ito can raise the demand if landlord's tax liabilty is nill ?

Can a trustee can work in their own trust as a lecturer(Educational trust) and get salary. there is one clause in trust deed that no trustee can receive any remuneration. my doubt is that, if we allot some post to them,can they receive any salary?

A PERSON IS GETTING PENSION FROM CENTRAL GOVT. HE HAS FOLLOWING DETAILS FOR FY 2012 13
PENSION 370000
INTREST INCOME-{FD+ SAVING INTERST} 50000 ADVANCE TAX DEPOSITED IS 13000 RS?
WHAT WILL BE THE TAX LIABILITY?
WHETHER FORM 16 IS REQUIRED FROM BANK FOR PENSION INCOME?

How Many time can i revise TDS return as per new amendments.as per knowledge it should be one time,whether it is correct or not.


Please reply.

what is the difference between date of transaction and date of booking in 26 as.