Arrears of VI Pay Commission Receiveabe Should Consider for HRA Exemption & should both basic added or what basic should added


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Regards,
Ravi R Gurnani

My client has purchased a land for Rs. 5.00 lacs and has paid stamp duty on the sub-registrars value which was 15 lacs. After 3 years he has sold the property for 30 lacs.

My question is, for the purpose of calculation of capital gains, the cost of acuqicision is the actual payment of Rs. 5 lacs or the sub-registrars value of Rs. 15 lacs.

hi, LIP Amount paid in cash, this amount is Deductable under section 80C ?

At the time of calculating Service tax, how i have to treat the Detention Charges?

Sir,

I want to know which banks are into Venture Capital and also I want to know in detail about VENTURE CAPITAL.

Thanks
SF FRANCIS

We are in the business of construction of mobile towers and renting the same.
We charge service tax on such rent.

We take services from contractors for construction & installation of towers against which they charge service tax on such services.(service tax on works contract)

This would be services for construction of fixed assets.

Now my question is whether we can get input credit on such services?

Also suggest wether we can get input credit for excise duty paid for purchase of capital goods.

please tell me in detail about industrial
traning. i am waiting for my C.A. p.c.c.
results of both groups given in nov.08 .
i am woking in a middle firm but if i join
industrial traning then company will not
give any leave for study and with no practice how can i give exam in nov.2010 for
c.a.final so i am confused and want to know how rank holders do in these type of situation whether to study or do practical
traning with no study time due to heavy work load of big co. work in industrial traning.

my querry is that

we have construct a building having more than 12 residential unit.

will service tax exempt if we made a development agreement with owner.

or is there any way to save service tax liability?

What is the rate of tax u\s 111A?

Dear Sir,

A Priavate Limited Company has business income is 0, But in the mean time There is a Short terms Capital Gain of Rs. 3,00,000/- and Long Terms Capital Gain is Rs. 12,00,000/-. All STCG and LTCG are from Investment in shares.

While calcualing the tax. The company is liable for MAT U/S 115J of Income tax Act,

Please suggest us