Respected sir, please guide me about the role, authority and responsibility of aacounting technician?
Do survival benefit received from lic after maturity of LIC policy is taxable or not.
I had purchased a residential plot for Rs.236000/- in the year 2001. Now I sold the said plot for Rs.4000000/-. How much will be the the tax liability on the income from sale of this property.
INDIVIDUAL ASSESSEE HAVING INCOME AS BELOVE
NTI : 146752
SPECIAL RATE INCOME 15%: 20912
NORMAL TAX: NIL
TAX ON SPECIAL RATE: 3371
CAN THE PERSON IS ELIGIBLE TO GET REBATE U/S 87A?
IF THE PERSON DOES NOT HAVE TAX LIABILITY IN NORMAL RATE!
Dear sir
Company act 2013 nove 2014 me applicable hai kiya agar hai to kis 2 paper or kis 2 subject me hai plz inform me
thanking you
Dear experts
i want to know that how capital gain is calculated on speculation income (same day-buy/sale of shares) Is Stt is taken in purchase cost & sale price...?
thanks & regards
Priyank
Whether explanatory statement under section 102 needs to be disclosed in the case of board meeting
What will be the effect of Depreciation in case of Transfer of Business from deceased Father to Son as per Income Tax Act ( Succession on Death) ?
We are going to make 2 Balance Sheets.
Do we calculate Depreciation in the proportion of Number of Days of assets used or 50:50 or wholly in books of Father or wholly in books of Son?
Business was transferred on 17.01.2014. Will the Successor Son get Depreciation at half the depreciation rate or full rate owing to less than 180 days of use ?
Also let us know the accounting effect....
CAclubindia
Accounting technician