Hello Everyone,

Their is one case,one person has sold his house property for 21 lacs in 2013.
He has purchased that property in 1999 for Rs.250000 lac.
He have done some renovation work in the house for Rs.75000.
While selling the house he had paid some below expenses.
Brokerage charges Rs.42000
Society charges Rs.10000.
He has not purchased any property till date Will he be liable to pay any property tax.
If so, how can we calculate on the above basis.

Regards,
Chirag

dear sir
plz guide me my self mr bharat dorik from ankleshwar want to start my gruh udyog from my house for papad making and potato chip any registration is req. or not and the incom genrate from this business will be taxable in my wife name

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Hello Everyone,

Rs.10000 was paid to employee for the purchase and he had purchased of RS.8000 only.He had returned the 2000 to the cashier.
what would be the accounting entry in this case.


Regards,
Chirag

sir what is the exact meanibg o turn over

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Dear Experts,
I am B sc. and wroking in Finance & taxation from last 7 years, now i want to do ICWA or any other Course,

Please help and advice suatiable course for me to improve my job.

Reagrds,
Pratibha

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