dear all member. my father is an farmer not filing ITR , in april 2015 he recived compansation amount rs 40 lakh aginst comulsury acuisition of urban land by muncipal corporation. i have querry that 1) whether this amount attract capital gain? 2) if attracts then how to avoid it? 3) whether he can deposit such amount in bond or in CGAS right now?

Dear All Experts ,

First of all , thanks to all the experts who give proper direction to the novice guy .
Actually , we are a trading firm . I have two query that while filing the excise return : -

1) First , when we purchased goods in excise + vat and sold in vat . Will I have to make an entry of the particular invoices in excise quarterly return .

2) When I try to upload the quarterly EXCEL format - sample dealer return .Their is always problem in uploading the file . The error says that " You need to contact the system administrator because their is problem uploading file " .
So I have to feed data directly online into excise website by logging into the account which is very time consuming .

Kindly solve my above query .

Thanks & Regards ,
Nitis

plz anyone can clarify my doubt's and confusion. I know that depreciation is charged on fixed assets like plant and machinery , tools and equipment , furniture and fixtures and computer etc. But what about land. coz it appreciates over a period of time

Dear Sir,
what would be the impact of budget 2016 on the partnership firms ?

Please clarify.

I need to know what is the maximum exemption limit of premium for individual and senior citizen during fy 15-16 and fy 16-17.

Under which head accounting income should be posted? Can i go for 44AD section?

There is a big confussion, many people are saying that u can not file return for the A.Y. 2015-16 after 31st march 2016.
It is right or not?
Bcz they said that there is any circular or notice regarding this but I couldn't find anything.
Please clearify as soon as possible.

Dear Sir I didn't attended gmcs 1 in first year in my articleship. so what to do now?

what is form 15cb for?

Experts please tell me that new syllabus or subjects are also applicable for old students and starts from may 2016?