My father has a residential property purchased in 1978 for Rs 49000, today the market value of the property would be in the range of Rs 30-32 lacs. If my father sells off the flat and purchases a commercial property (office / Shop) etc with the proceeds, within 6 months of the sale, would capita gains tax be attracted? Does the tax law specify reinvestment only in residential property?

A person wants to buy leather shoes and pack and after affixing with his own brand name wants to market it. Is this action of packing and affixing of trade marks amounts to manufacture. If yes what is the exemption limit and what is the procedure to be followed. If the same is unbranded and sold means what is the position. Can any one explain please.

ONE OF MY FRIEND HAS FILED HIS RETURN THREE YEARS BACK. HE HAS NOT FILE HIS RETURN BECUASE HE HAS NOT THE TAXABLE INCOME TO SHOW IF HE WANT TO FILE HIS RETURN FOR THE F.Y 2008-2009 SO NOW CAN HE FILE WITHOUT FILING HIS PREVIOUS YEAR RETURNS.

PLEASE REPLY ME SOON

THANKS IN ADVANCE

hi
kindly help me how the intra day share profit (Speculation share profit) treated
and also loss

thank you

I want to know whether TDS paymnet challan has been changed or not. If Changed which is the new challan now we need to use (format). And whether TDS certificate format has been changed or no. if Changed what will be the new format.

If a trust is not registered under sec 12A of Income tax Act, having gross receipts of Rs. 3,50,000 and expenses of Rs. 2,50,000 on the objects of trust for the year 2008-2009,
1) is the trust liable to tax under the income tax?
2) if so on what amount ? ie, on net income or gross receipts.

Dear Sir/Madam,
I have received a notice u/s 143(1). The ITO is asking for demand of Rs. 2712/-. When i filled IT Return online then due to technicl error of Return my negative house property income shown as carry forward losses. and on the basis of that he issued me notice.
Now I want to reply him and reverse the same amount.
Can someone help me by rovising performa letter for the same.

Regards,
CA Jitendra Phophaliya

WHEN WILL BE THE CA FINAL RESULT?

Is there a difference in stamp duty on issue of shares and stamp duty on issue of share certificates

Is there a difference in stamp duty on issue of shares and stamp duty on issue of share certificates