My client has bought an underconstruction immovable property in April 2009. He has registered the property by paying requisite Stamp Duty in April 2009.
Payment for the flat was made subsequently in installments as per the progress of the constuction.
He got the possession of flat in Jan 2013 and wishes to sell it now ie in May 2013.
will this be considered as Long Term Capital Gain or Short term Cap gain for taxation purpose??
Can the Registration date in this case be considered as Date of Acquisition even though full payment of the property is not made nor has possession been taken on registration as the property was still under construction??
Pls Advice
Does the firm that an articled assistant goes to has got anything to do with standing a better chance at the final job interview?
Like,does the one who worked at a big four or the one with industrial training stand a better chance at the interview than the one who went to a small firm,other things remaining constant?
And is a big firm better to work at than a small one apart from the fact that they pay you more and lets you specialize on something?
Also isn't specializing on a particular thing limiting the exposure and the variety of work that one gets working with a small firm?
Thanks a lot in advance!
My articleship started in August 2011, by January 2012, I got registered for M.com through IGNOU, but forgot to fill out Form 112 because I had merely registered for the correspondence course, I actually had no intention of giving the exams till my Ca was done. Now I feel that if I am registered, I must not delay the attempt of M.com..What should I write in the condonation letter? Also, will my additional course result in delay of grant of membership?
Do EDP training for CS needs to be done before starting CS Management Training. i cleared My CS final In DEC 2007.
Respected experts
To form one HUF a gift of Rs.20000/- is given by one assessees father in law & that is also to be given through writing on Non juditial stamp paper - now
1. what value of stamp paper is to be purchased
2. when the gift is comming from Channai to Kolkata is the such stamp paper to be purchased from kolkata or from channai.
3. & also in whose name such stamp paper is to be purchased - in the name of husbend or wife or both or in the name of the donner.
Pls guid us
Thanks
Debashis Mandal
Dear Sir,
suppose in case of a private company conditions related to applicablity of caro is satisfied in previous accounting year. Now in the current year all the 3 conditions related to applicablity of caro is not satisfied. Now my question is wheather reporting under caro is complusory in the current year also. Further kindly answer if caro has become applicable in any accounting year it's applicablity is forever or not in case of private company.
Plzz provide me complete details which should be kept in mind while audit of esi epf and bonus
hiii all,
my query is related to service tax payment. i.e i am getting confused here in payment of service tax on small amt.
i mean to say :-
whether service tax is payable on every small transaction or any amt is fixed for leviable of service tax?
if it is leviable on every transection related to service (taxable services) than what is exemption provision of RS 10 lakhs, i.e. if taxable amt would not exceed RS 10 lakh than it is under exemtion provision.if i provide services of RS 100 than, will i collect 12.36% as a service tax or i will come under exemtion of RS 10 lakh?
plz send me the solution on my mail :- cma.ganand@gmail.com
for clarification if i provide services of RS 100 t
Sir I want to know that it is compulsory to do articleship after passing CA Inter exam...and for how many months i have to do articleship. Can i do articlesShip after giving CA final exam..Is that possible..
My client is a manufacturing concern and he pays Service Tax @ 3.60% on Rail Freight for purchasing Raw material on transportation.
The client also pays excise duty on his Finished Goods. Is the credit of Service Tax paid on Rail freight eligible for Cenvat Credit against Excise duty payable on Finished Goods manufactured in factory?
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Ltcg on sale of immovable property