I own a house jointly with my father for the last 22 years which I would like to release to him without any consideration. If my father sells this property for 75 lakhs what will be the capital gains he will have to suffer. Cost of purchase of the house was 2 lakhs. Please confirm whether indexation benefit will be available for him from the original purchase date or from the date of release.

is there change upcoming nov 14 for FR & sfm ? ca final
in Audit & law, there are change of only company act. ok ? law other act will be same? company act changed

whether deduction under both sec 35(1)(ii) and sec 80GGA can be allowed simultaneously??

Hi,

We are giving service as a Party plot with catering.

We have devided all activities between three company.

Here one company charge for Rent of Party Olot. Second company charge for Food. And third one charge for Decoration and other things.

Here my question is that on which rate service tax to be charged on Rent Portion in First Company. Abatement under Notification no 26/2012-ST. entry no 6 is availeble here?? We should charge 12.36% on 100% value or 60% value(as per notification.

Thanking you in advance.

Dear Sir

I have an FD of Rs.6,97,620/-.
Rate of Interest is 8.75%.
Period : 21.12.13 to 21.12.14.

Bank provide me a interest certificate mentioning as follows :

Interest Amount : 15051/-
TDS Amount : 1692.60/-
Accrued Interest : 1875/-

Please advice me the Journal Entries need to charged in my books of Accounts.

Dear Sir / Madam,
I am a salaried person, I did not file ITR for FY 2011-12 but now I want to file it.

So please let me know under which income tax section I can file the same?

Is there any penalty will be levied on me?

I want to inform you that in relevant year I did not get taxable income but in the earlier years I had filed the my ITR.

Hope to hear from you soon.

Are the documents required to be attached with Form Din 3 be self attested or attested by a authority/authorised person.

Actually My fear is some CA said that 1st attempt Passing is good to get a job Co. ill heir on 4 priority

1.1st attempt with Rank
2.1st Attempt pass
3.2 or more attempt with rank
4.2 or more attempt with pass

So i hav not prepared well for nov 2014 exam & i am undergoing articleship shall i dont mis ths attempt or attempt on may Exam

i given my vehicle for service . after completing of service service provider given bill consist of Parts amount Rs.10000 and labor amount Rs.55000 (including service tax)
. in this case tds applicability is?

we are a company receiving advances from same customer against different purchase orders if we supplying machinery to one of the purchase order we need to collect full payment without considering advance for anthoer purchase order in this circumstances how we can create or account ledger in tally, please give me answer anyone