Assessee is a Pvt Ltd. Co. It has given its urban agricultural land for development to a builder on revenue sharing basic. The land is long term capital asset and the value as per stamp duty rate about is 10 cr. The revenue to be received by the company is 45% of gross sales receipts. The joint dev. agreement has been entered in Apr 2013. The project would commence in about 18 months time and the revenue would be received over a period of 5 years. Kindly let me know the year of charge to tax and under what head i.e Capital gain or capital gains + business income.Whether it would be conversion of capital asset to stock in trade and then business profit on the revenue share received. Thanks

Friends please tel me urgent

is payment of property tax paid is allowed for calculation of service tax

example

property tax due for 4th quarter 2010-11 is paid in next year 2011-12 1st quarter. in that

2011-12 for calculation of service tax is allowed ??? arrears of property tax paid in 1st quarter .

please reply
urgent friends.

an advance of Rs.1,00,000/- have been given by an educational society for purchase of software for student education during the year 2011-12 and the software have delivered during the year 2011-12,because of poor performance of software the contract have been closed during the year 2012-13 with that advance amt only,without paying the remaining balance.some one please suggest me how to close the transaction now.

Which date will be considered as Date of Deposit of TDS if payment is made through Cheque whether :

1. Date of Tender OR
2. Date of Realisation

For Example if Challan presented on 6th for payment but realized on 8th then it will attract any Interest payment?

What are the compliances for the same ?

(Please mention Notification if possible)

We are manufact.of plastic parts.we want to purchase molds from manfrr.and sale to exporter,who will export the same.Please tell me,if CT1 by exporter are issued to manufacturer directly then how can we issue Invoice to exporter.and how manfrr can issue invoice without invoice in our favour.Thanks

sir,
how much tds % to be deduct on amc contract bill

Please suggest a company decucted penelty from cerditors and recorded as a income in a currnt financial year , further in a next financial year a official order passed such penelt to be paid my question is when i paid penelty can i debited above credited income head in next financial year

Sir I want to know about the reimbursement of perks like Medical, Conveyance, Petrol Exp. and Mobile etc. will be paid through salary or cheque to avoid to cash payout. Please advice and which section we will do also provide reference of circular.

Thanks

How are marks given in direct & indirect taxes papers in ca final? For e.g. in question there are 6-7 adjustments and my 3 adjustments go wrong then will i get partial marks or will not get any marks. Whether non referring of case law in case law questions will deduct any marks.

Hello,
I am interested to make a career in Finance specially into investment banking, I have started articleship in March 2013, and I am assigned to do audit related work, and is expected to do the same for next 3 years, but that field isn't attracting my interest, so I wanted to know whether one should start the process of getting into finance from articleship itself and should I look for a firm which offers articleship into finance related work, it would be of great help if any one suggest such firm for me.