Hello,
I am selling my flat at Rs.75 lcs. The net capital gain out of this will be Rs.45 lacs.flat is jointly registered in my name & my mothers name. Mother does not contribute financially.

Now I have a query...

What is the share of capital gain out of this between me & my mother?

If I invest Rs.20 lacs in other property, will there be any tax on Rs.20 lacs invested?

Second thing is, I want to gift the remaining amount (Rs.25 lacs) to my brother or investment. Will I get any tax exemption? will my brother have to pay any tax on the amount received?
Regards,
Prashant.

I'm trying to apply for IEC but unable to apply can I apply manually.

is there any TDS Duducted on sales commission paid to dealer located at bangladesh, as well as Service tax Under Reverse Charge on that

Dear sir,
We want to know, we are in construction Industry and we purchased machinery for construction purpose, for purchase of machinery we paid Excise duty, can we take credit of that against service tax liability or is it refundable from Excise Department

what is the difference between form 3Ca,3cb and3CD

whether reverse charge is attracted in case of payment made to service provider for paining service.

Thanks in advance.

Respected Sir and Frnz,
My CA FINAL is due in nov 14 and my firm will allow 4 months for exam preparation. I can go for industrial training from may 14 and will be allowed 2 months as exam preparation. If I go for industrial Training then I will be able to give only 1 grp (any one). So, my question is whether I should go for Industrial Training or not?

Dear Sir

if a person paying in LIC Rs.50000/- p.a , Post Office saving Rs.80000/- p.a and taken car on loan and paying Rs.50000/- p.a

How much deduction he can take benefit from income tax

Thanking You

Kumar

Dear All,

Please tell me, whether service tax need to be deducted on provision made for exp.
Our company is receiving services from a foreign company for maintain server and other Technical services. we are making a provision for the exp every month. and we are paying Service tax on RCM basis. and after receiving the actual invoice in next month, we reverse the provision and book the actual exp. Now, my question is whether ST is applicable on provision for expenses or not?

Thanks in advance for replies.

sir I had submitted my pf withdrawal form in feb 2013 to the company where I was earlier workind but till today couldn't get the pf settled please tell me from where would I get information regarding my pf settlement