KRATI
This Query has 1 replies

This Query has 1 replies

21 March 2008 at 19:36

final attempt????

sir,
i have cleared my PE II in Nov 07 and registered as article on 6th feb 08, i have received my registration letter, according to which my final attempt will be when i have completed 21/2 year of articleship i.e. in Nov 2010.
but earlier i have been told that my attempt will be in May 2010.
please clarify when will be my Final attempt.
thanks


G.N.V.D.Kiran
This Query has 3 replies

This Query has 3 replies

21 March 2008 at 18:42

Group Mediclaim Policy

Our Company has taken a group mediclaim policy for employees firstly premium has been paid by the employer later that amount was collected from employees.my doubt is that premiun is eligible U/s.80D in the hand of the employee ot not please clarify


RAMPRASATH R
This Query has 3 replies

This Query has 3 replies

21 March 2008 at 17:26

merger of firms

whether firms with identical partners to be assessed as one unit



Nilesh Patil
This Query has 2 replies

This Query has 2 replies

21 March 2008 at 16:44

Vat on capital goods

Accounting treatment of vat on capital goods. hoe much set off we can avail on capital goods?


Nikunj Mahesh Raimangia
This Query has 2 replies

This Query has 2 replies

Dear All,

One of our client owns a residential house of 500 sq. ft. at mumbai.
A year ago the house was demolised by the builder in the scheme of reconstruction. & it was aggried at that time that he will given compensation as follows.
1. New house at same place of 700 sq. ft.
2. Rs. 2,00,000/- cash compensation.
3. Builder will pay amount of Rent of the house taken by the client for residing during the reconstruction period.

What will be the tax implication on the above matter under heads house property & capital gain ?
please reply.
thanks in advance.


CA.VIMAL KUMAR PANJIYAR
This Query has 6 replies

This Query has 6 replies

21 March 2008 at 16:11

Interest under section 234C

Is Interest u/s 234C is payable after the Financial year(PY 2005-06)End if somebody has not paid the Advance tax payable during the Previous Year 2005-06?


R.SATHISH
This Query has 1 replies

This Query has 1 replies

21 March 2008 at 15:05

EXEMPTION U/S.54

My friend owns three grounds of land (Ancestral Property). He entered into an joint venture agreement with a builder for construction of houses (Not Flats). He transfers 60% of rights on the land to the builder and gets two separate constructed houses for his own use and some share in cash. He also sold one house through POA to third party with in a span of two years of handing over of the possession by the builder. Now the question is whether the houses constructed through JV agreement can be utilised for climing exemption u/s.54. Whether it is a LTCG or STCG?


R.P.Shankar Rao
This Query has 2 replies

This Query has 2 replies

21 March 2008 at 14:17

Capital Gains Tax

Dear Sir
Recently my friend sold a land for Rs.200000/-.This land he got it from his mother(died in 1987)and she got it through a will written by her Aunty.Originally the land was purchased in 1968 for Rs.3000/-.My friend sold this land Distrously because some body occupied this land and he found from the Registrar office that it was sold 5 times.The original papers were with him so the buyer was interested in buying this.The buyer paid stamp duty as per the Government rate of Rs.14.00 lacs.

Now what will be the Long term capital gains tax to be paid by him.He was unable to get the Fair Market Value as on 01-04-1981.Also let me know the rate and on which amount he has to pay tax.Please answer me as early as possible.


bishan singh negi
This Query has 3 replies

This Query has 3 replies

21 March 2008 at 14:08

income on minor



hi Friends wshing you a very very happy holi in advance and could u please tell me what is the new in recent budget for tax minor income.
thanks with regard


soni
This Query has 6 replies

This Query has 6 replies

21 March 2008 at 14:03

articleship related

i got offer for articleship in SNB,NEHRU PLACE.they are placing me only in taxation and no audit.plz advice me should i join to learn all work in medium firm or should i go for only taxation.
will in future problem arise in placements.
tell me big name matters or not.
thanks,
soni






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