Dear Sir
Need your help on another thing.
I’m planning to sell my flat and buy another one. Here are the financials involved. Please help me with the tax implications etc
Selling existing flat for 3 cr
I had registered it for 50 L in October 2005
There’s an outstanding loan of aprx 40 L on this flat
The new flat will cost me 1.75 cr
How much cheque/cash should we work with to avoid any tax issue?
Do suggest, based on which I will take the discussion forward

which z the best course to do after ca from the following from the job view point :
* cfp
* cma
* investment banking
* cpa

Dear Sir

We have received a notice from TDS CPC demanding Interest on late payment & Addl.interest ag processing of latest correction.

Which assessment year to select while paying the above interest.

Which nature of payment to select ?

What major and minor code to select ?

Thanks
Arun

I Have purchased an agriculture Land with consideration of Rs 1 crores. But No deduct the TDS Because of the provision of Agriculture Land mentioned on Registry Paper & Stamp duty has been paid by agriculture Land Rate.

But I got a Notice from Income Tax Department for TDS Payment demand.

Please advice that what should i take action against such notice.

Thanks...........

How to determine cost of mobile application which is sold and treated as PGBP?

Dear Experts, One my client is an Government Doctor and he is drawing Rs.50000/- pm As per the Medical Rules he is giving consultation for one hospital. His query is that his consultation fee is more than what he is drawing as a full time doctor.If he shown everything in his IT Returns is AO rise query on the above. Please clarify is there any limit in earnings.

If purchaser of property has not deducted TDS at the time of paying installment to seller of property then how can he deposit TDS to government account? Whether purchaser is liable to deposit TDS from its own account or should he collect TDS from seller separately?

My queries regarding the new CSR 2013 notified rules by MCA are these :

Sec 135 states that if company has:

1.Net worth of Rs. 500 Crore Or

2.Turnover of Rs. 1000 Crore Or

3.Net profit of Rs. 5 Crore

during any financial year then this section shall be applicable.

A.My first query is that what does any financial here mean?

B. It is stated that if there is Net Profit of Rs. 5 Crs or more then CSR will be applicable to the company....my second query is that net profit after tax or the net profit before tax has to be considered for this?

My client has a regular inflow of newspapers as it is a university, is TDS deductible on newspaper,if a specific agency is supplying,also no contract is entered into and the same party has exceeded the limit of 30000?

Can anyone help me...
I made my PAN card while I was in Mumbai, right now I've shifted to Kolkata and I want to file my return for the first time to get a refund through direct deposit to the bank. Is it possible to file the return without correcting PAN? Which address I will mention in the return.