Please explain me regarding the capital gain tax for the following
situation:
A landowner X who is holding a land for more than 10 years has signed a
joint development agreement with a developer Y. X is getting
say 40% share in the buildup area. So I have following
queries:
a. What is the capital gain of the land owner if he will get
3 flats & some share in fourth flat?
b. When is capital gain tax applicable (during joint
development agreement signing, completion of works,
possession, sale of flat in landowner's share.)
c. What are the other tax liability on landowner due to
getting flats from developer?
d. When the capital gain tax is to be paid?
e. What if X sells his share in the fourth flat & get cash, will it be long term/short term gain?
Thanks in advance for your precious time& valued
response.
Regards,
Dear sir
My company say "A pvt ltd" has got name from MCA and its registered office will be in the premises of the another company say "B pvt Ltd".
I have uploaded Form 18 with following attachments
- rent agreement with "B pvt ltd "
- NOC on letterhead of " B pvt ltd "( this NOC is signed by authorised person )
but ROC asks for NOC through Board Resolution of "B pvt ltd"
But all the directors of the "B Pvt Ltd" has travelled foreign tour and at present they are outside India.
now how can this issue be resolved
1. How can we get NOC through BR from " B pvt ltd" because the said directors will come after 1 month
2. is there any another way to get the solution ?
3. Should I talk with ROC ?
please help me , it's too much urgent
Dear friends,
I have branch office at mumbai and H.O in Gujarat.
i have been charged with 5 % as entry tax for bringing texturised yarn from mumbai to gujarat, even though both office are registered with VAT.
Pl show a way
Thanks/rgds
I m a mnufacturer & exporter. I also sell some finished goods to a 100% exporter agst. Form H. All the goods despatch from my permises to relevant port with that exporting firm's invoice.
In such case please guide me that exice duty will be imposed on my firm or not??
Raw material inventory of a company includes certain material purchased at Rs 100 kg.The price of the material is on decline and replacement cost of the inventory at the year end is Rs 75 per Kg.It is possible to convert the material into finished product at conversion cost of Rs 125.Expected Selling price is Rs 175.
In the above problem what will be “Cost of finished Goods “and “NRV of finished Goods”?
I will be very much thankful to you.
Sir,
due to slow service of e-filling i accept my report on 01/10/2013 at 7.30AM .
I could not filed hard copy to ITO due to Long distance (about 80kilometer) from my business place
may I penlised
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