A flat was purchased for Rs. 5,80,000 in Nov 2006 & sold for Rs. 27,50,000 in Jul 2016. A residential house was started constructing, & spent Rs. 7,15,000 in 2013-14, Rs. 15,85,000 in 2014-15, Rs. 15,00,000 in 2016-17, totalling to Rs. 38,00,000. What would be the capital gain & how much amount is taxable under "Income from Capital Gain"?

I have my flat is in Ahmedabad given on rent through leave and license agreement of 11 months.1. What is the best and legal practise to renew leave and license agreement viz just next day of expiry of 11 months or after some break.2. Is it possible that tenant can claim ownership of property being continuously living in property for say 5 years etc.3. Under what circumstances that tenant can claim ownership of property on leave and license agreement done for 11 months.It is humbly requested to please reply with relavant ruling.

DEAR SIR
KIND LET ME KNOW IS GST APPLICABLE ON PLAY SCHOOL FEES INCOME OR EXEMPT ?

An individual has one house property which is let out to two tenants during the whole
financial year and is also used by assesse for his occupation.

Query is: Whether in computation of income from house property, whether rental income earned
has to be shown in consoldiation from the two tenants

or

It may be separately shown for each tenant having the same property address


Please note that rent has been received from each tenant which is less than Rs. 1 lac
i.e. total sum received is 1.9 lacs

How to calculate Work In Progress in works contract services work
Can any one provide excel format


Thanks&Regards
UmarShah

Hello Sir / Madam,
our company not taking the separate TAN for each branch and filed the TDS return of all the branches under single TAN. One branch in Rajasthan received the SCN why not apply for TAN. what is the remedy.

This incentive is received from M/s Maruti Udyog Ltd. as a compensation of a part of total discounts offered by them to the various institutional customers like LIC/Reliance/bank employee/govt. employee and also rural customers like farmers. Thus, this is also a form of discount which cannot be said as a service chargeable to service tax.

If someone has revenue sharing mechanism with franchisor of 50:50. Then please suggest how much turnover franchisee will show while filing IT return. Will he show only 50% of revenue as his turnover or entire 100%.

Dear sir
In coming FY 2018-19 what is the invoice starting number, is it continue from last year or starting from inv. No. 1

Just tell me supply of labour service comes under which head of business activity is it under works contract or anything else