Anonymous
25 July 2014 at 15:48

Capital gain

Please Help,
i have purchased house in 1989 for Rs. 195000/- and now in 2012 i have constructed for floor's and i sold one in February for Rs. 3800000/- and construction cost of that floor is Rs.1200000/-, what is the calculation of capital gain.?


ankit doshi
25 July 2014 at 15:43

C from

Dear All,
My client is making OMS purchase. He is getting invoice including freight charges. While applying C form do we need to apply for full amount or net of freight charges.


TATA ANIL KUMAR

Hai Sir,

I lost my client pan details but i have last year his e filing ACK number through that can i get his pan number



Anonymous
25 July 2014 at 15:36

Annual return 13-14

for financial year 13-14,which form we have to file roc whether we have to file 20B or form 7.7 now.


ullas vijayvargeeya
25 July 2014 at 15:30

Interpretation of a ruling

Respected experts my query is in respect of interpretation of a judgment wherein it was held

"Selling of own land after plotting it out in order to secure a better price is not in the nature of trade or business, more so when the land was gifted to the assessee".

[CIT v Suresh Chand Goyal 209 CTR 410 (MP)(2007) see also Ram Saroop Saini (HUF) v ACIT 15 SOT 470 (Del)(2007)]

My query is in regards to meaning of word "more so" what does it mean?

Whether it means if an asset is gifted only then in that case selling of land after plotting would be chargeable to capital gain.
or
Whether it gives a sound that if an asset is sold after plotting to secure better price even if it has not been so gifted i.e. acquired asset, it would be chargeable to capital gain

And also advise when plotting of an asset is chargeable to pgbp head


Anand Suthar
25 July 2014 at 15:21

Direct entry in ipcc

direct entry in ipcc require only T.Y.b.com 55% aggregate or all Three year 55% aggregate marks require.....? I am confused..please help me


Manali Jamgaonkar
25 July 2014 at 14:37

House rent allowance

Dear Sir / Madam,
Kindly guide me on following:
A person has gone out of India for employment purpose. He pays rent and owns a house in India. Please let me know whether he can claim HRA for rent paid out of India?


Mayur Tambe
25 July 2014 at 14:32

Tds deducted under section 197

I have received a certificate u/s 197 from client for non deduction of tax and it contains amount, tax rate and period of validity. I want to know that if i received / booked a bill or paid a particular amount to that client after deduction of tax prior to the validity period mentioned in that certificate according to tds tax rates. should i have to reverse that tds entry.

For example i have a bill dt 1.4.2014 of 1000/- and deducted tax @ 10%- rs. 100/-. and i received a certificate with validity frm 30-4-2014 to 31-3-15. should i reverse the tds entry or it is right.



Anonymous
25 July 2014 at 14:32

Coaching

Can any one plz tell me how does Ramakrishna Sir ( RK Institute, Hyderabad)teach CA Final Financial Reporting?
Is there any other better option?
plz gve me a quick reply as d batch is starting in august..

thanks


Abhijeet Sharma
25 July 2014 at 14:30

Tds under section 9a

Whether tds under section 9a is applicable to companies engaging works contract






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