Anonymous
10 April 2013 at 07:30

Long term capital gain

I want to sell my residential house. The long term capital gain arising on sale can be exempted by purchasing or constructing a new house within 2 or 3 years. But I want to purchase the new house in the name of my independent son, so that my Capital gain will also be exempted and my son can get the benefits under Head - Income from House & Property.Is there any way out?

Please help.



Anonymous
10 April 2013 at 01:56

Ca +

sir, please guide if i want do to job at starting stage of my career and after few year exp i will go for practice. in this case which option will be best with CA.
among CS, MBA, LLB,icwa ,any thing else.


saumya gupta
09 April 2013 at 23:55

Registration

Respected Sir/Madam,

My query is on the matter that, if a service provider provides a service under full reverse charge, is he required to take registration as service provider for such a service eg. sponsorship?

If yes, then should it be shown in ST-3 and if not, do we avail exemption under Notf 30/2012 simply?

Thanks.


saumya gupta
09 April 2013 at 23:14

Return and registration

Respected Sir/Madam and friends,

Required certain help with regard to ST. If certain service provider has received his registration no. this april but he had certain turnover last year during april-june, july- sept etc. So is return required to be furnished for Apr-Jun now, if yes then is it with late fee? (He dint cross 10 lakh limit though)
What about Jul-Sept? He crossed 10 Lakh limit in august, so how to show that in new ST-3?

Please reply ASAP.
Thanks.


Naresh Khemka
09 April 2013 at 21:23

Form 32 correction or cancellation

Is it possible to make corrections in uploaded form32. The uploaded form is approved.

A director gave his resignation and a new director was appointed on same date. I have to make correction in that date of resignation and date of appointment of directors...instead of 05/01/2011 client's staff provided the date as 05/11/2011...

I wish to correct the same..

The client has paid penalty of rs 1800 and filing fees of 200...

Is it in any way possible to cancel that wrongly filed form and to upload the new corrected form...

Please reply soon...


anil lamboria
09 April 2013 at 21:22

Tds on rent

-Bank had not paid rent for building.
-Landloard had filed a disput for rent recovery.
-Then bank had paid 50% amount of rent in the court,

then what will be the treatment for TDS on Rent and also it's Accounting treatment.


M.G CHARY
09 April 2013 at 21:20

Defficency of insolvent of partner

Sir I hav a doubt regerding insolvency of partner.
Defficiency of insolvent partner should bear by solvent partners who have a cr balance in adjusted capital ratio.but in my practice manual ipcc group 2 it takes sometimes capital ratio,some times adjusted cap ratio when why? Please resolve my qstn plz



Anonymous
09 April 2013 at 21:14

Tax

means to get the refund other than 80g arrangements made in the market


kushal
09 April 2013 at 21:02

Service tax

I AM A SERVICE PROVIDER (PROPRITER) PROVIDING RENT a cab services.. so should i can obtain for 100% abandment or need to pay 40% of taxable value as service tax


aakashgilda
09 April 2013 at 20:50

Foreign income

If I am earning income from an Indian resident but from abroad i.e the person sending money lives in foreign country,an he directly transfer amount into my account from there.Is there any benefit i can get in IT or any problems will be faced by me.Benefit in the sense,as i am getting foreign currency in India.
Eg;
A person Has gone to Dubai and while going i have lent him some money and for that he is going to pay me interest but he will send me from Dubai i.e he will transfer me money in Dirams in to my bank account.
In this case what will be the tax treatment and should i have an account with nationalized bank only or its ok with the private bank.
Please tell me all the Permutation(benifits & losses) that can happen in this case.