what is tuition fee for Claiming deduction under 80 C.

There is a house property whose GMV is 40 lacs. But the house is sold in 15 lacs due old residential building.

My question is whether seller has to pay tax on 15 lacs or 40 lacs.

whether 23 (A) 3 applicable on expenses only, that is transferred to profit and loss account.

Plz help me with section 90 (4) & 90 (7)
With examples

I have confusion assessee has business of plying medium passenger vehical ( Tata sumo,magic etc ) can I opt 44AD to declear profit and use ITR 4S ?

please sum1 provide me sebi notes urgent

The assessee had made payment to a transporter without TDS in JUNE 2013 as the transporter had furnished his PAN card. As there was no TDS done during that quarter the form 26q was not filed for the quarter. The assessee has filed form 26q for the quarter ending 31/03/2014. Can he now file a correction return for the 4th quarter to include this payment without tds of the 1st quarter or will he have to file the form 26q for the 1st quarter. Will there be any penalty or late fee involved ?

THANK YOU.

Dear All,

I need a small clarification about the changes made after amendment through Finance Bill in Section 54.

Since even before the Amendment, Assessee shall have to invest in only one property for availing exemption under capital Gain(Sec 54)

And after amendment, interpretation reflects the same.

Then what is the changes brought in Sec 54

Please let me know your responses.

hello , i want to know that kya unsecured loans par Interest charge karna Mandatory hai in the books of a/c, & if yes then what will be the minimum and maximum rate upto which interest can be charged. Also explain whether tds will be deducted if interest is charged on unsecured loan. ?


Thanks In Advance....

are there any changes in company audit-1 for ipcc nov 2014?