Hi Friends,

my friend have STCG Rs. 6500/- and Rs. 6000/- from LTCG during the last F.Y.from sale/purchase of Shares including intra day transactions. I think all the transactions through Dmat trading covers STT. what will be the treatment of these gains in ITR.Pls define both gains separately with sections.Thanks

My father died on may—2009. he was the owner of the commercial shop.

I (son ) want to sale that commercial shop. I have a mother & sister (married ).

My father was the income tax assessee. My father has not prepared any deed/ will of that property.

sale value of that shop is RS 350000.00

WHAT WILL BE THE THE INCOME TAX PROCEDURE.

Can my sister (married ) get the portion of sale value as per the law.

what is the rate of depn on clinical equipment ?

In the mercantile system of accounts every firm,company & banks were providing audit fees in the books & TDS deduted & return filed for that year by them.But the auditors audit the accounts thereafter i.e. in the next financial year.Hence he received fees in the next year. Please advise when he will claim TDS. if he will claim TDS in the next year,is it acceptable by the IT department?

As per RBI instruction how much interest on overdue FDR given/credit by Commercial Bank. & Also inform when a FDR overdue ( Matured 9 Months ago) than how much interest bank wll give? whether rate of interest of the date when FDR Matured or current rate of interest which was applied for expired period also.

SIR,
I WOULD JUST LIKE TO KNOW THAT HOW CAN WE GET PAN NO. OF THE HOUSING SOCIETY.CAN WE GET PAN NO.JUST FROM THE NAME OF THE SOCIETY ??OR CAN WE GET PAN NO.FROM REGISTRATION NO.OF THE SOCIETY?? AND HOW DO WE COME TO KNOW ABOUT WHICH ASSESSING OFFICER IS MAINTAINING THE FILE???
THANKS IN ADVANCE

a individual was taken housing loan from bank. According to Loan scheme, any payment made by individual, firstly adjusted to principal amount only, interest is continous charge but not recover due to scheme stipulation. whether individual can claim both interest (Due Basis)and principal amount (Payment Basis or not.

Dear Sir,

Pls clarify this.

I am working in auditor off.
we have one client, they are manufacturing moulding machines (medical) they are not charging ST to excise delear.
whether we have to charge service tax to excise registered delar or not pls clarify and send me the provision.


Regards

Manjunath

Can we avail brokerage,security transaction tax,service tax and stamp duty while calculating short term capital gain or long term capital gain

Hello

I have just sold some agricultural land in Punjab. While the land is out of the municipal limits (we have a leter from patwari) it is within 8 km of the municipal limit. The village's radius itself is 4 km. The village does not appear in the govt of India's notification specifying areas/ villages following within notified muncipal limits.

Different lawyers have given us different opinions & the latest lawyer says there is no 8 km limit............according to him the rural land classifies as land outside of municipal limit or outside of any containment board with the population of X thousand.

Can someone please explain to me what is the latest criteria to assertain the rural land. I would appreciateif comeone can reply asap as I am very short of time. THanks.