purchase of tenancy building with 1 flat and tenants on 16/03/1985 Rs.20 lacs
building going for redevelopment
agreement with developer on 28/04/2006
amount received towards bldg ownership and a flat to be given against the flat
possession of flat on 25/7/2013
sale of flat on 04/06/2014
query:- what will be consider the date of acquisition and what would be consider as cost of acquisition.

Hi,


I am having income from Salary and income from LIC Commission (As Agent).Which ITR Should i use to file income tax return for AY 14-15.Under which head shoul i show commission income.Actually Exp to generate business is more than the commission received from LIC.Can this loss be adjusted with salary income.


Thanks in Advance

Hi All,

Our client has purchased property in 2002 and entered into memorandum of sale agreement in 2010 by receiving Rs.200000/- as advance.
Original transfer took place in March 2014 but the sale has been made to person other than to the person entered in memorandum agreement.
How to calculate capital in this case.
Sale consideration paid to both parties (I.e original seller and Confirmation party).

Dear All,
Suppose my uncle has encounter with an serious accident in which he has to suffer Five Surgery in a single year. He is a govt. Employee via which some amount has been claim by him but still he has to pay approx.Rs. 3.5 Lakh from his out of his pocket(other than claim).
Pls, confirm me the whether he would be eligible for deduction u/s 80DDB or not.
If "Yes" how much.

Best regards,

why it said that auditor is watch dog and not blood hound explain?

Hi......I want to learn about the stock markets and the financial system....Can anyone please refer me a complete book for the same?

We Are Paying the Cash to Civil work contractor for work done by him by Labor Amount is Rs.100000/- we will pay the cash to contractor then contractor pay to labour, we will receive the bill from contractor tds deducted 1% on Rs.100000/- It Is Accepted in Single Voucher or Not

We Are Paying the Cash to Civil work contractor for work done by him by Labor

Amount is Rs.100000/-

we will pay the cash to contractor then contractor pay to labour, we will receive the bill from contractor tds deducted 1% on Rs.100000/-


It Is Accepted in Single Voucher or Not

If I want to get registered myself on income tax efiling website then is it necessary to file return also! when i am not having any income?

Major Expenditure on R Sidings (already depreciated 95%) should be treated as revenue or capital expenditure. For example out of 5km old depreciated railway track, track of 2 km is to be changed alongwith the wooden sleepers use to hold the track.