Income Tax queries [13622]

All Resolved Open

Anonymous

12 August 2014 at 14:59

Regarding the house property

Hello Everyone,

Their is one case,one person has sold his house property for 21 lacs in 2013.
He has purchased that property in 1999 for Rs.250000 lac.
He have done some renovation work in the house for Rs.75000.
While selling the house he had paid some below expenses.
Brokerage charges Rs.42000
Society charges Rs.10000.
He has not purchased any property till date Will he be liable to pay any property tax.
If so, how can we calculate on the above basis.

Regards,
Chirag

Anonymous

12 August 2014 at 14:51

I want to start gruh udyog from my house

dear sir
plz guide me my self mr bharat dorik from ankleshwar want to start my gruh udyog from my house for papad making and potato chip any registration is req. or not and the incom genrate from this business will be taxable in my wife name

Anonymous

12 August 2014 at 14:46

Eligibility for ipcc exam nov 2014

I am direct entry scheme student for CA-IPCC and my articleship starts from 13th march 2014 and can i fill the exam form for nov 2014..?

Anonymous

12 August 2014 at 14:44

Reimbursement entry

Hello Everyone,

Rs.10000 was paid to employee for the purchase and he had purchased of RS.8000 only.He had returned the 2000 to the cashier.
what would be the accounting entry in this case.

Regards,
Chirag

harsh

12 August 2014 at 14:36

Cash in hand

I need to know the authentic method to generate cash in hand in previous date..kindly suggest

Ashish Moses Frankey

12 August 2014 at 14:33

Turnover

sir what is the exact meanibg o turn over

gaurav

12 August 2014 at 14:27

Regarding articleship transfer

I have completed 1 year n 4 months of my articleship. . and now I want to move to my home town... currently m doing my training from indore. plzzz suggest how can I take transfer as my first year of articleship is over..

Anonymous

12 August 2014 at 14:21

Right issue

Right issue by listed company renounced by shareholder in favour of other person will attract sec 56??

Anonymous

12 August 2014 at 14:15

Help me

Dear Experts,
I am B sc. and wroking in Finance & taxation from last 7 years, now i want to do ICWA or any other Course,

Please help and advice suatiable course for me to improve my job.

Reagrds,
Pratibha

sameer hule

12 August 2014 at 14:15

Deferred tax

Dear Experts,

Depreciation as per Income Tax Act of Rs. 4,21,512/-
Depreciation as per Companies Act of Rs. 5,11,002/-

It means, Deferred tax assets of Rs.27652.31( 30.9% tax).
It is correct.