A land was purchased for Rs. 700000. After one and half year later he sold that land for Rs. 1200000 and there is a STCG on land. how can we save tax on that. help me?

Dear All,

If anyone could tell me what is the rate for calculating the perquisites amount on salary towards rent free accomodation provided to Director of the Company.
In our case, we have taken accomodation on rent for Director. Please confirm if the rate would be 20% or 15%.
In the Vinod Singhania's book, it is mentioned 20%, however on Income tax site it is 15%. If it is 15%, then by which Circular, the rate is decreased or fixed at 15%

Regards,
Umesh Mishra

Can anybody provide me the guidelines for verifying the cash vouchers and cash book

Hi sir this is with refrence of matarial supplied on excisable invoice to the customer.the actual matarial received by the customer is less than what has actually supplied by the supplier.
let me know whether customer can have full cenvat credit in case of loss of material is normal loss.

Sir
A Property (Old House) given for Development to a builder with 60% to builder and 40 % to Land owner. The builder constructs 20 flats and 8 Flats were given to Land owner (4 Family members)and there is no monetary terms between the parties. What is the Capital Gain that to be paid by the Family members . Is there any exemptions.

AO passed the order u/s 143(3)after considering transfer pricing report and also assessee disclose all the material fact for the assessment. Later on CIT revise the order on the ground that manner of application of arm's length price was not correct without any new fact. Can the AO reopened the past case on the basis of CIT order.
Wouldn't it be considered in change of opinion of AO and not be authenticated to reopen the case.

Dear Friends,

CTC is 2.3 lakh p.a, Please guide me on tax benefit.

Thanks in advance

I just want to know ,is there any change made by Inst. in minimum passing marks of CPT ? which I heared increased to 120 marks

Does the SEZ unit needs to deduct tax ?
is their any exemptions in the SEZ act

the morden concept of internal audit envisages scope of internal audit much beyond financial audit