If a charitable trust/society purchases a land from a company (Pvt Ltd) at a price less than the circle rate, then :
Will the difference amount (price at circle rate – actual consideration paid) be added to the “Income from other sources” of the society / trust ? Or is there any exemption to societies/ trusts ?

Under which section Of Income tax Act is such exemption?

PARTNERSHIP FIRM HAVING ONLY 2 PARTNER ONE DIE THEN CAN THE OTHER PARTNER CONTINUE BUSINESS WITH THE LEGAL HEIR OF DECEASED PARTNER? ANY ONE HAVE RECONSTITUTION DEED FOR SAME

If husband has paid LIC premiun of wife then can wife get its deduction as she policy is of her name.
According to me 80C is available to the person who had made payment (within 'family' definiation of Income Tax Act) irrespective of policy holder.But I got to know that if policy is of wife's name then wife can get deduction evenif payment was made by husband.

Need clarification! Kindly help!

Is interest on personal loan is allowed as deduction for salary individual

Where there is conversion of LLP into proprietory concern and designated partner in the LLP is continuing as auditor after conversion into proprietory concern, is it necessary for filing ADT-1 in the name of proprietory concern to continue as auditor?

Dear all,

i have passed out CA PE II in nov 2006,last appear in ca fianl exms in nov 2013. after words i m not appear for the ca final exams .

what i need to do for the appear the final exms in may'19.



kindly guide me

thanks in advance,

CMA praveen patwa
mobil no. 82339-39945

Hi All,
I need to know which column i need to use to return my tax amount. i was in Germany for 5 months in financial year and back to India for 2 months and went back again to UK. So my employer deducted tax for whole year. Now when ask them they said to file returns for it. Please let me know how to file returns for it. Waiting for your valuable reply.

Thanks in advance.

My has client purchased 100 shares @100 per share in 1998 , obviously without STT. He sold the 100 shares on October 2018 at ₹200 per/share . Please suggest LTCG and calculations . Matter urgent.

Can A Private Limited company Invest in another Private limited company through allotment of shares. PLEASE NOTE :both pvt ltd companies have same directors or those directors are relatives as per companies act

3 years back i Completed IPCC Group-1 and 3 years of article Training. Now i want to apply ATC. please tell me how to apply and is there any exam to attend for getting ATC. tell me fee structure also.