A professional person earn short term income from share market. Which yearly income is not taxable. Than short term income from share market is taxable or not. If yes, then what is the percentage of taxation.
We had made a challan of 30025 for registration of vat certificate. but due to some reason we are not going for registration. So, Please tell the process to get back the deposit.
I purchased a HUDA plot from original allottee through unregistered deed in year 2005, and got it re-allotted in my name. I paid annual installments till May'2015. No convenyence deed executed and no physical possession given to me. Its indexed cost as on 2015 is Rs 21.50 Lakhs.
I sold it in Aug'2015 under unregisterd sale deed for Rs 20 Lakhs. Circle rate in 2015 as notified by sub-registrar was Rs 61.25 Lakhs.
In Dec'2015, I purchased a residential house property in Delhi for Rs 67.50 Lakhs under registered deed.
Q1. Which value 20 Lakhs or 61.25 Lakhs is to be taken for Capital Gain u/s 50C, as no registered deed was made?
Q2. Which value 20 Lakhs or 61.25 Lakhs [less cost of acquistion 21.50 Lakhs] will be allowed as deduction u/s 54F?
Q3. How will the tax liability, if any, be calculated?
Please help me and reply ASAP. Thanks
SIR
FILED INCOME TAX ITR4S A.Y.2015-2016 - TURNOVER 4800000/-ONLY, LETTER RECD INCOME TAX REGARDING IMPORT PURCHASE MISMATCH . MY QUESTION IS I GO TO ATTEND INCOME TAX OFFICER BUT ASSESSES NOT COME OFFICE, I AM CONSULTANT, OFFICER ASK POWER - WHAT IS MEANT BY POWER , HOW MUCH TAKE STAMP PAPER AMOUNT TAKE
POWER LETTER FORMAT PLEASE GIVE ME REPLY URGENT
my client instead of deposit self assessment tax in challan 280 but he deposit self assessment tax in 282 as voluntary disclosure scheme mistakenly...now what shud i do to correct it??
Sir My client had made F & O Trading in 14-15 & 15-16 & made a profit of Rs 72 lakh & loss of Rs 1.03 Crore Wheather he is liable u/a 44AB or not Kindly Suggest. Thank You
DEAR,
I HAVE A LTCG ON RESIDENTIAL PROPERTY. I WOULD LIKELY TO PURCHASE OF MY NEW RESIDENTION FLAT IN MY JOINT NAME.
IN FIRST NAME OF MY MAJOR SON AND SECOND OF ME. SO QUESTION IS THAT SHOULD I HAVE CLAIM EXEMPTION U/S. 54
THANKS
hi guys, i completed ca inter with b com now i planned to took sap fico is it better r not. plz tell me thank u
hi guys, i compelted ca inter with b com, now i want to learn sap fico is it use full for my carrer r not tell me it was better r not?
Is there any icds applicable for ipcc examination for may 2017 attempt ..
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Short term income from share market