Anonymous
24 February 2014 at 17:59

Capital gain

sir,
my sir asked a question that:-
ek registry hui h jiska
transaction price: 400000/- h,
market value:1500000/-
stamp duty and other exp.incl. reseipt:-103000/-
date:-10/07/2013.this information is full
as per sir said.
Now question is,this transaction affect which sec. of which Act?
what is the tax liability in this case? &
how to reduce tax liability?


PARESH TIKADIYA
24 February 2014 at 17:37

Purchasing of residential flat

Respected Sir,

My one client is purchasing residential flat from Builder. Builder is charging service tax along with Sale value. Is it right?
Please tell me also what percentage is applicable for service tax on it. Please specify calculation.


vivek somani
24 February 2014 at 17:35

Tds - transporter

what will be consequence in case neither i deduct TDS for the freight paid nor took the PAN of the trasporter??


jagat singh rawat
24 February 2014 at 17:29

Tds section wrong

Dear sir
I have a query about tds section my client deposit a wrong section Challan in bank and challan has been approved so my question is how i refund it.


heena
24 February 2014 at 17:28

Accounting codes in tax challans


What is the consequence if i mistakenly write wrong interest code (old interest code before introduction of negative list) in tax challan to pay service tax . What should i do to to rectify the mistake .



Anonymous
24 February 2014 at 17:21

Setoff and carry forward of losses

Whether loss of house property can be set off against the income of short term capital gain u/s 111A in the A.y 2010-11 for a Non Resident Individual?

Actually my cousin is NRI, and his source of income was stcg-111A Rs. 52603/- and ohter sources Rs. 125603/-, there was loss of HP Rs. 45306/- which is to be setoff u/s 71B. I had adjusted the loss against stcg but the IT dept has set the same against income from other sources and computed the tax on STCG-111A,

Whether I can do the same or not???


Raj
24 February 2014 at 17:15

Advice required on capital gain tax

I was allotted a piece of land by HIDCO at New town, Kolkata in the year 2006. After the allotment I had paid all the installments as per the schedule below.
10% as application money in the year 2005
15% in the year 2006
20% in the year 2007
20% again in the year 2007
15% in the year 2008
10% again in the year 2008
10% final in the year 2013. At the time of position of the plot.

The Registry of the Plot was done in my favor in the year Nov.2013.

If I sell the piece of land will the sale consideration be subject to capital gain tax?
The cost of acquisition shall be taken of which year?
Can I avail exemptions and save tax?



Anonymous
24 February 2014 at 17:11

Sec 87a of income tax act

hi,

How rebate u/s sec 87a of income tax is calculated....

1-Whether Tax rebate is calculated on Tax payable including 3 % Cess or
2- Tax rebate is to be reduced from Tax payable amount as per IT Slabs & then 3 % Cess calculated on balance amount


abhishek mishra
24 February 2014 at 17:04

Salary

how to revise income from salary for exam preparation



Anonymous
24 February 2014 at 16:58

Software application sold

A person who is having proprietorship of information technology has made an application and sold it out in Rs. 20,000,00/-
so, my question is, in which head this income will be shown?






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