I had bought a flat for for Rs.82000 in Aug'94 and sold the same for Rs.9,55,000 in March'11.
Meanwhile I had started construction of a new house on a pre-owned plot of land in October'08 solely relying on the sale proceeds of the flat to meet out the cost of construction. The sale of flat however took a long time to mature. I expect to complete the construction sometimes in june'11.
Can I adjust the capital gains tax acrued against the cost of construction and claim exemptions?Are their any special exemptions available to me being a lady?

query regarding Service tax.
we have started a project and hand over to a contractor for completation work in this concern we are liable of service tax or not? if yes then what we have to do further and we also know about that we need to register for VAT, please help me in this regards.

Is it too late to start working towards a CA qualification?? I have a graduate degree and was planning to chose between CFA and CA.

please advise

hey all, i have a quite confusing situation, plz help me on this...
if a manufacturing concern sponsors 20 students of some NGO then the amount so spend on providing sponsorship like bags, note books, pens etc. would be allowed as expense in its P&L A/c or it will be treated as Donation????

As per sec 16 (ii), the Entertainment Allowance is specifically taxable or exempt upto certain limits in case of Govt employees.
Can the Entertainment Allowance be considered for exemption under section 10(14)also?
What made me to ask this qn is that such exemption of a hefty sum is allowed in a Form No 16 issued by a well managed company

Sir, I have filled the examination form ( online ) for this June attempt. But while filling i have done mistake. I selected ' going to appear in April/May 2011' option instead of ' Already Appear'.( as i have given 12th examination in march,2011 from CBSE Board )
Now can I do anything for rectifying this??
PLEASE help sir. Can anything be done now? if yes then pls tell.
n if no then pls tell what effect it will made?

i want to join certificate course on valuation, firstly I want to know after compleating the classses, is there any exam and the level of exam etc.
Second, what is the scope available for a CA after compleating the certificate.(presently I am working in industry, expierience of 1 year)

EXPERTS PLZ. CLARIFY FROM WHICH ATTEMPT THE DTC IS APPLICABLE IN FINALS?

i have completed my MBA in Finance i want to persue ICWAI course can i get exemption in any subject in ICWAI Inter Course...please suggest me

THANK U

any one clarrify my doubt

1. can the landlord claim any amount paid to vacate a tenant as cost of improvement while selling property.

2.Is the tenant liable for incometax if any amount is received from landlord