MY QUERY IS REGARDING HOW TO CLAIM EXEMPTION U/S 54EC FROM STCG ON DEPRECIABLE ASSETS U/S 50 WHILE FILING INCOME TAX RETURN?

Dear expert

In case of death of proprietor, what are the points should be reported in
1. Notes to account
2. Management representation letter (MRL)

Thanks in advance

difference between adverse and qualified report ...?????

Hello sir,
i have late filled my income tax return for assessment year 13-14 which includes interest income and below the taxable limit and under interest income TDS of Rs. 18000 Approx has been deducted. I had filled return without any credit under 26AS and due to late submission i can't revise the same.
please guide me how can i get back my refund of TDS when i have not claimed that and can i file rectification request under section 154

I have a query how to calculate VAT in case of Subsidy.
For example, Mr.A is purchasing goods worth rs.1,00,000 by paying CST. He has received subsidy from state government for the said transaction for rs.30,000. He sells goods to intra state registered dealer. Whether he should charge VAT on Rs.1,00,000 and then give credit note for the subsidized amount i.e. Rs.30,000. Or he can Net off the amount and can charge VAT on Rs.70,000(1,00,000-30,000)?

Please, Assist for the same.

Regards,
Vijeta

If LTA has not been claimed in 1st 3 years of a block, can we claim LTA twice in the last year of a block?

Thanks in advance!

assessee has capital gain of 35 lakhs and deposited 48 lacs i.e. considerartion received on sale of asset by mistake in capital gain account now he has purchased a house of 40 lacs. So can he withdraw excess 8 lacs without paying tax from capital gain account?. the exemption is claimed under section 54 which state investment in property needs to be equal to capital gain and not consideration received. Kindly advice.
URGENT

I had issued a invoice for rent. - 1,08,000
they deducted the tds amount and paid the rent 1,05,840?

why they deducted the amount ?

to avoid that deduction what i have to do ?
can u explain ...PLEASE....

sir i have made all payment on time but i have not filed return since April 2012 i want to know should i have to pay penalty if yes how much and what the way to overcome this penalty?

My client is a Cctv work contractor indulged in installation and commissioning of Cctv for city surveillance. This service is provided to police department. Order falls under category of work contract. I want to know whether he can avail mega exemption under n/n 25/2012 under point number 12, where,
12. Services provided to the Government, a local authority or a governmental authority by way of construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of -
(a) a civil structure or any other original works meant predominantly for use other than for commerce, industry, or any other business or profession;