Dear Sir,
In one of the case of individual assessee net sales in fy 2012-13 are Rs. 98 lacs and tax charged thereon is about 12.50 lacs, which is charged seperatly in invoices.
Whether the assessee can opt sec. 44AD.


Please clarify.
Thanks and regards.

MR. X (Builder) enters into an agreement with Mr. y to one flat under construction link payment plan.. for a total consideration of RS 30 lakcs and this flat is to be registered after 4 years.

sir now my questions are:

1) is the above transaction chargeable to capital gain tax in the hands of builder?

a) if yes, then in which year year of agreement or year of registration?

b) suppose circle rate of the above flat after 4 years is Rs. 1 crore. are provision of stamp value(deemed sales consideration) apply?

OR

2) is profit from above transaction chargeable under head PGBP, as it is a business of builder.. if yes

a)is there any effect of circle rate on the above said flat.?

dear experts i'm waiting for your response..

If a public ltd. company doesnt deduct TDS on salary for April, May, June and starts deducting TDS from July for the taxable amount/9 months what are the provisions that will apply??? Any interest is payable and on what amount???

194J(1)(ba) Any remuneration or commission paid to director of the company (Effective from 1 July 2012)
Tds rate will be @10%

our company paid remuneration to directors for Rs.381000 pa for the F.Y 2012-2013 so please advise what is to be done in this case.

Manoj Aggarwal
9310190208

sir/madam
one of my Relative want to buy a land area10acre .but seller want to sell it at less than stamp duty. my relative has a partnership firm and has real estate business. even if he acquire less than stamp duty value can he sell at lesser value than stamp duty if not how should he adjust the profit as its a huge amount. please clarify

sir,

i am receiving interest on fd which is transfered to my father (senior citizen)

whether it is taxable in the hands of me or my father?

CAN ANY ONE TELL ME DP-1 IS COMPULSORY TO ALL REGISTERED DEALER TO FILE ONLINE,AND WHAT IS THE TIME TO DEPOSIT HARD COPY OF DP-1 AFTER SUBMISSION. WHAT ABOUT DVAT-51 AND 52,
IF COMPANY IS REGISTERED ON VAT 27.06.2012 AND ONLY ONE SALES TRANSACTION IS DONE( NO PURCHASE(BECAUSE IT SELF DEVELOP SOFTWARE)

What is the procedure to exercise the option available under the Notification No. 30/2004-Central Excise? Also is there any relevant circular which deals which the abovementioned issue?
Following is the link for the above said notification.
http://www.cbec.gov.in/excise/cx-act/notfns-2k4/cex3004.pdf

I am 25 yr old and still in IPCC. I have cleared CPT in Dec 2009. My parents passed away in 2010. Ever since i am unable to concentrate on my studies.

I am thinking of leaving CA but am not getting decent jobs. Many of my friends are advising me to continue CA. But i feel that i am too old to continue CA. What should i do?

R/sir,
I have a problem about depreciation as per company act 1956 as below-
Original cost value - 9,70,000 accumulated Total Dep. - 8,90,000
Opening wdv in Books - 80,000 as on 1/04/2012 Depreciation as per SLM - 109707 (970000*11.31%) for the year 2012-2013.
in this above case Depreciation Block is higher than gross block of Fixed asset.
so please tell me what will be done in this condition.
As per my view, i have write off opening WDV with Depreciation of Rs. 80000. and block is nil. am i right or not please advise & suggest.

Manoj Aggarwal