i purchased flat on July 2006 for Rs. 20,28,300/-. I am selling my flat in Feb 2013 for Rs, 86 lacs.
1. Wht is the capital gains on this transaction?
2. How much amount I need to invest in new residential flat to avoid the tax?
Sir,
If a person purchased a property of Rs 1 lac in 2004 which after Depreciation having B.V of Rs, 80000.
In 2012, the same property is sold at Rs, 150000
Kindly say about the capital gain after indexing and depreciation.
Dear experts, Please guide me as soon as possible.
A pvt co. is involved in Trading business. It deals in real estate and properties.
It has acquired a factory for 1 Crore in 2010-11 and wants to sell it for around 20 Crore.
My Questions -
1) I want to know what capital gains tax it will attract? and also if there are any ways to save this capital gains TAX...??
also
2) during the said period it has under gone change in shareholders. One old holder has left and 12 new holders have entered. WIll this transaction also attract capital gains tax on transfer of shares to this PVT LTD CO?
Please note - its a PVT LTD CO
Thanks
Sir I want to transfer my articleship will any one suggest me and provisions related to that
sir can u help me ?as i hav'nt recd my registeration letter till now as i have 2 start my articleship as acc 2 new procedure under direct entry scheme...n i have recd my books on 22 dec 2012 reply me plz i 'm eagerly waiting......
Can any one tell me
which permission shuld be taken from Cental Excise Commissioner if any assesse removed their scrap from his fatory to weighbridge for weight without any document?
after weighment as per weight Rule 11 under duty invoice will issue but befor what ????
Dear Sir,
Please Guide me about the GMCS training ....
i have completed 6 month training and my registration is after 1.5.2012.
namaste all
plealse clarify me
1)service tax applicability on customisation of a software (development,programming)delivered via electronic media or cd or other storage devices.
2) if software development is part of the manufacturing process of the commodity as per work order
and 3) also KARNATAKA VAT Applicability on above cases
4) if service tax and vat applicable in above cases is how will be the invoicing
Sir,
It is given in Custom Tariff Act that anti-dumping duty can be imposed only for 5 years only, but it can be extended for a further period of 5 years.
If any review is conducted before the expiry of initial period of 5 years and it is not completed by the end of period of 5 years, then the duty can be further extended for 1 year untill review is completed. If on completion of review the government is of opinion that levy of anti-dumping duty must be extended then it will be extended for further 5 years.
My query is that anti-dumping duty will be levied for 11 years or 10 years?
Hi EVERY ONE
HAPPY NEW YEAR & PONGAL
I AM A RECENTLY QUALIFIED CMA, PGDBA(FINANCE) AND PURSUING CA FINAL.
I GOT AN OFFER FOR INVENTORY CONTROL SPECIALIST..SHALL I ACCEPT IT?
HOW THE OFFERS WILL BE IN FUTURE?
IS THE STEP TO BE GROWTH ORIENTED IN FUTURE?
IS THERE ANY POSSIBLE TO CHANGE FOR ACCOUNTS/FINANCE SIDE IN FUTURE?
PLEASE SUJJEST
THANKS & REGARDS
SWATHI
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Capital gains on sale of flat