I have purchased a house property for rs 50,00,000 from a direct party and for the purpose of the agreement 50,00,000 is taken.

Now due to delay in payment of the down payment of 1000000 i have to pay Rs 50000 as interest/Penalty.

I want to know whether the interest/penalty is to be added in the cost of acquisition or not.?

Hello Sir
Pls adv, our company has deducted TDS on contractor @2%, his PAN no shows 'C' as the fourth letter. I want to deposit TDS Challan 281. It shows 2 options. Company Deductee and Non company deductee. Which option should be ticked.
In case the fourth letter of PAN is 'P', then which option.
Also do we need to fill separate challan 281 for non company and company deductee.
Thnx
Gurvinder Singh

Experts,
How many Tax audit signed by a CA and efiling can done f/y 2012-2013 (A/Y 2013-2014)

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hello....
i have completed 11 months of training, now i want to transfer myself to an another firm.
so i want detailed procedure for transfer of Articles with first year.
seriously i have no idea about of transfer, e.g Leave, remaining period of training, any consent of institute or principal.
it is very urgent, because soon i am going to complete 1 year of training.
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Read more at: https://www.caclubindia.com/forum/exclusion-of-hire-purchase-topic-263755.asp#.Uig5Kj_9Wwk

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