We sold our ancestral inherited property 4 months back. The share was divided amongst three of us ,my elder brothers in law and me (my husband died 6 years ago).We are put up in different cities and are not in talking terms. The problem is that I will be investing my long term capital gain in capital gain account but what if they don’t do so. Although in the sale agreement pan nos. and names of all three of us are written and it is also mentioned that the amount is divided in three of us with the details of D.D. Nos. given to us at the time of selling.
Neither I have the old sale agreement (When the house was built or bought) nor the new one(when it is sold), so I don’t know how to calculate the LTCG also. Please help me as soon as possible.

are degree holders disqualified from being appointed as pune

sir , electricity bill of house which is my own name payment can paid from huf fund. please give examlpe of expenses which can paid by huf to members as travell bills yaga center bills also

I have my CA final attempt due on Nov 2015.
And, i am in a situation where i can only attempt one group at a time. So, I really want to know which group should I start preparing first? Coz 2nd group will help me in my articleship training (DT & IDT). But, overhaul is predicted in them. And, group-1 wont help me that much in training.

So, which group should i start preparing for?

THnx..

I got d notice from dept. to pay tds interest. so, I paid d interest by online banking from tin.nsdl
the payment gt confirmed bt before downloading d challan session gt expired....
Nw, Hw can I download d challan again..?

If the interest income of a minor child is clubbed in income of his parent then alongwith deduction of Rs1,500 weather remaining interest income of child can be considered while calculating limit of Rs 10,000 for that parent in the income of which child's income is clubbed.

hi,can you please tell that ,if closing stock appears in trail balance then how does it effect opening stock,purchases ? i.e. how it appears in trail balace



-thanks & regards

Hello Nitin,

House property is purchased by borrowing funds from friends.

Later on loan is borrowed from bank by mortgaging the same house property.

Currently, it is a 'Loan Against Property'.

In this case, is it possible to claim interest deduction under Sec. 24 & principal amount deduction U/S 80C.

Please guide.

can somebody help me with the list of sections/ provisions which were not applicable to private companies before in the old companies act but is applicable in the new company law. eg:- sec 293 was nt applicable to pvt comapny before but nw applicable under section 180.. please help me with a summarized details...

Kindly tell me can I buy a new residencial property under secrion 54 and also at the same time invest some amount in capital gain tax saving bonds under sec 54EC to finish tax requirement on my capital gain on sale income of my inherefted property....