Mr X purchases land for Rs 5 lacs in 2005 may Introduces to partnership consisting of him N his wife as his capital for Rs 13 lacs in 2010 September. Revalue the land to 5o lacs in 2012 and further to 52 lacs in 2013. Sells the land on 13.2.2016 for 16.5 crores. how can i Calculate ltcg/ stcg in the firm/ partner. In the example given earlier, the firm constructs a hotel on the land. Investment upto 2012 is 6 crores. Upto 12.2.16 is 12 crores. Upto June 2016 is 13 cr. As per regd agreement dte 13.2.16 to sell the building along with land is 28.5 crores. The door number recd in sep 2015. What is the on gain on building sale?

I want make entries in tally erp9 for sales and purchase. but my purchase of item is in sheets, kgs form while sales of products in pcs form. how I convert purchase quantity of various items into item of sale into one item in tally.

if my dividend income is rs 1500000 then what is the tax I need to pay

one of my friend is game developer and he receives fees from google regarding advertisement shown in his game as per contract all government tax should be paid by owner of game in that case whether my friend liable for equilation lavy and on what amount and how it deposit to govt

a bill is say 8 lakh. Through RTGS or other than cash, amount of 795,000 is paid. 5000 being paid in CASH........the provisions of TCS become applicable.......but my question is that if buyer deposited 5000 case in seller's account that in case TCS become applicable or not ?

INTERIM DIVIDEND: Can A company,, earning profits declare Interim Dividend, though not in existence for 3 years?

can any one tell me what should be the accounting treatment of Library book. in educational institutions books of accounts

I am student from direct entry scheme.please help me appear in may attempt.I will end ITT and op programme on 24 July 2016 & can I get a may attempt.what is about articleship. how can start articleship. what is the determination date of articleship. please help me

Dear sir/ma'am Please help me about the sales invoice n its process step by step plz it's urgent for my career plzz help. Thanks

Need an advice regarding how to run a trading business besides being a practicing chartered accountant.

I have taken full time COP and registered a Proprietorship CA firm at Kolkata (I being the proprietor). Besides this, I also want to run my father's proprietorship firm of trading in surgical products. What are the options available for me?

Can I covert the trading firm into a One Person Company / Private Ltd Co and become a director OR, into a LLP and become a partner, while simultaneously be a proprietor in my CA Firm?