One of my client booked flat in under construction building
in the year 2009
payment was made by us 50 lakhs, agreement value is 1.20 crores
balance is payable

now due to new D.C.rules builder is not able to complete
the building and insisting on cancellation, he is executing
deed of cancellation and will give 80 lakhs (50 lakhs paid by
us plus 30 lakhs towards compensation)

my query is

1)whether this can be treated as long term capital gain
2)there is deed of cancellation.
Is this amounts to transfer of capital assets
3) Is this amt. is liable for service tax.
4) any other suggestion to take benefit of long term capital gain

Dear Sir,

I have Purchased Shares of Private limited company on 02/04/2007.

on 10/03/2008 i have received advance amount against sale of such shares.

on 03/05/2008 i have received final payments for sale of shares.

Transfer deed has been made on 05/05/2008 also on MCA site transfer of shares booked on 05/05/2008 only.

My question is
1) Is advance received can be consider as sale & Gain can be consider as STCG ??
or it is LTCG ??

pls if any such case law is available then forward that also

Please help me,

if an article student attends one year of his article-ship later he discontinues going to office for 1year. now he wants to join articleship again.

My question is whether he take new registration or any option to continue the old articleship

What is POA in regard of Objection file under DVAT??

How it is processed by the dealer?

i am an existing ipcc student attempted 2 times but couldn't clear...couple of months back i converted to ipce under direct entry scheme for graduates .i Just want to know that i have converted in dec 2014 .so i will be eligible for exam in may 2015 or not. although i have appered many times before done all the training long time back... help me

hi my age is 28 female. i registerd for ca under direct entry. is my age not suitable for good carrer in ca either as job related or own practice... plz help me out with gud advice

for our office we get into various contracts .these comprises of different civil works and parties while bidding are quoting different rates of vat and service tax on these jobs in maharshtra .
could you pl throw light on this

if goods are excisable on date of manufacture but on removed from godown becomes non excisable will excise be levied

Dear All,

Embroidery works is being done by the job workers.The final product for which the embroidered garments are used is a not bearing the brand name items i.e.exempt from the levy of excise duty. Now, i want to know that the embroidery works(manual/computerized) is amount to manufacture. If, yes then what are its implications under the excise, service tax and haryana vat laws.

Sir,is the amount of creditors unpaid for more than three years disallowed u/s 41(1) and added to profit?

MUKUND CA student