The Company is taking agriculture land on lease from the lessors.
The company is having only agriculture income. therefore, lease rental income of the lessors will be taxable or will be treated as agriculture income?
Kindly help
REgards
CA venkatesh Duvvuri
Dear Sir,
i have bought a house in delhi and i m working in gurgaon,so can i take benefit of both interest on housing loan and HRA from my salary and i have got possession
we have sale land on 17.10.2009 for rs.34,00,000. out of which amount received in advance is rs.12,00,000.
investment made in april-may 2009 is rs.15,00,000 and investment and investment after sale deed is rs.15,00,000.
so please tell me can i get exempation for amount invested from amount received in advance.
SIR,
WHICH IS THE BEST BOOK FOR ACCOUNTING STANDARDS FOR CA FINAL.I WANT A BOOK WHICH IS DESCRIPTIVE AND EASY TO GRASP AND NOT JUST BRIEF. VIJAY KUMAR OR RAWAT?
ALSO FOR ISCA I NEED A BOOK WHICH IS SHORT AND CONCISE WITH FULL COVERAGE.I HAVE PROBLEM GRASPING THEORY EASILY. SO TABULAR AND POINT WISE CAN HELP ME BETTER.
THANKS FOR YOUR HELP IN ADVANCE. :)
our concern have an account in SBI bank they asking stock statement How Can i prepare that one...i dont know about that format.
i have an query please solve it
there is an constructor who provide this service to a govt party of rs 363000/- and charges @ 2% tds on rs 363000/- by the govt party under vat.
consturctor file his vat return to claim tds and service tax return. it is assumed by the constructor that 363000 is inclusive of service tax, but gov party paid him 39931/- of service tax seprate from rs 363000/-
can you please help me regarding this query what step should taken by constructor
I would like to know when exactly a Contractor has to deduct ESI for the work done by sub-contractor when the Subcontractor is not registered for ESI.Also , when a principal subcontractor who is not registered, says his subcontractors are registered with ESI and paying the amount . What is to be done by the Contractor.
To illustrate
Party A - contractor (regd with ESI)
Party B - Sub Contractor (Not regd with ESI)
Party C - B's SC (regd with ES0
There is no agreement between A and C. When B raises invoice , Should A deduct 6.5% for ESI?
Hello sir,,
I am getting a job in a bank for concuraudit purpose I dont have any idea about this
Please send me the process & how it works I dont know tally is tally necessary in concur audit... Please do let me know as soon as possible
suppose block value of the assets is 1000 ,purchase additional assets used more than 180 days .also sale of asstes after using 140 days (<180 days).so my qstn is while calculatin depreiciation as per I.T ACT do have to take on sold assets also ?
We are the manufacturer of cloths. We have purchased computer Rs. 22000, furniture Rs. 18000/- and Machinery Rs. 35000/- + vat @ 12.5%.
Can I claim Full vat input @12.5% against output tax.
Please suggest me as per MVAT Act.
Thanks
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards
Lease rentals