AS WE KNOW, LTCG ARISING ON SALE OF SHARES OF A LISTED COMPANY IS EXEMPT UNDER SECTION 10(38). HOWEVER, IF TRADING OF SHARES HAS BEEN SUSPENDED AT STOCK EXCHANGE, CAN THE EXEMPTION U/S 10(38) BE AVAILED.

A co. Manufactured the goods on 1.3.2013. On which duty was leviable @10%. On 4.3.2013 govt increased duty from 10 to 12 %. Now on 7.3.2013 co. Sold the goods out of goods on manufactured 1.3.2013. So my query is what will be rate applicable for goods sold? And reason.

Dear Sir,
i want to learn service tax/TDS/MVAT/Cess.
who to calculate & return file procedure,
if any classes is their or any other way to learn kindly let me know?

but i am very serious to learn pls. help?

Hello sir/madam,
I want information about good classes for icwai with minimum fees(Mumbai)

Dear Sir/Mam,

Please tell whether there is any limit of income of Rs. 120000 for mandatory Book maintenance with the Assesse if whole income is from Other sources.

I am confused whether this mandatory provision is for Book profit or for all the incomes.

Thanking You.

Sir
i have cleared ipcc 1st group in Nov'12 attempt but due to some reasons i could not get myself registered for articleship before the due date i.e. 30th april'13. Is there any provision by submitting late registration fees so that i can get CA-final attempt in nov'15 ?

Dear Sir/Mam,

My dad have purchased Mutual fund in 2007 under my name. At that time I was not having PAN no. After getting PAN in FY 2011-12, my dad have provided the PAN to the mutual fund company.

Now please tell whether I can show this in My IT Return for FY 2011-12 or not. And also please tell the manner of treatment.

Thanking You.

GOOD MORNING EXPERTS,

Whether we show the below details in TDS Return - 24Q quarterly & annual.

Gross Salary : 240000.00
Taxable Salary : 175000.00
(after deduction)

Should we show entries because of gross salary is above the limit?

thanks in advance.

if any person made a agreement of sale of house then is their any restriction on percentage of money forfeited. example if house is agreed to sale for 1 crore then can any one forfeiture advance money of 50 lac.
And,
is any other tax consequences other than under capital gain original cost is reduced,
like tax under income from other source, etc

SUPPOSE A EMPLOYEE IN LUDHIANA IS RECEIVING BELOW MENTIONED SALARY

BASIC 15000
HRA 8000
CONVEYANCE 2000

NOW HE HAS PAID RENT OF 5000 PER MONTH FOR 7 MONTHS. PL TELL HOW TO CALCULATE EXEMPTION

40% OF BASIC (IN THIS CASE 7 MONTHS OF BASIC) 15000*7*40/100=42000

HRA RECEIVED :- 8000*7=56000 (WILL IT BE FOR 7 MONTHS OR 12 MONTHS CONFIRM)

EXCESS OF RENT PAID OVER 10% OF SALARY
35000-(15000*7)*10/100=24500

EXEMPTION 24500

PL TELL WHETHER METHOD(ALL THREE PARTS IS CORRECT.

WHETHER HRA RECEIVED SHOULD NOT BE FOR 12 MONTHS OR 7 MONTHS IS CORRECT

PL CLARIFY

THANKS & REGARDS