sir,
if x received compensation on compulsory acquisition of comercial land and claim cost of acquisition in the year a/y 2009-10

and received additinal compensation in a/y 2012-13, then x is liable to pay income tax on LTCG.

OR IT IS EXEMPT IF ENHANCED COMPENSATION IS GIVEN BY DELHI METRO RAIL CORPORATION ON AQUIRED LAND IN A/Y 2012-13

Dear Sir,

We are a proprietor firm and provide a order to an individual to construct a building , material will be supplied bt our organization and labor will be provided by the contractor.
what rate of TDS would be applicable.

Thanks

Sir,
Please suggest us how to calculate the rebate of 80G.

Regards,

Sunil Pareek

U/s 10(22B) any income of a News agency set up in India is exempt subject to collection and distribution of NEWS and does not distribute its income in any manner to its member's.

My question is, what members will get if this clause restrict to distribute any income to the members. why any one make investment in the NEWS agency if they get nothing....
I am not understanding this clause exactly please clarify me.

if we sell the membership of a club so it is liable for capital gain? provided we are not in the business of selling of membership. give your answer with relates circular,case study or section.

Sir,
Please clarify the Pre Construction or post construction period for example one person get the possession on 31.03.2012 in this what is pre construction period.

Regards,

Sunil Pareek

should i deduct tds on transportation charges if PAN is available?

dear Sir
Our company is a listed company which has many wholly owned subsidiaries. Please advice as to whether sec 297 of the companies act 1956 is applicable to Wholly owned subsidaries where one of the director is a director in other company also.

Thanks In advance

Dear Experts,

We have numbers of Form C delcarations received from our inter-state customers - Department is not accepting on manual submission and insisting upload in the website: It is major task in typing each Form-C details in Website:

Can anybody kindly guide how to upload Form C data in Karnatka VAT website ?
Please provide Excel File for conversion into XML file with guidelines for upload ?
please

The Company started in February 2012. Upto Mar 12 they had no transactions but Directors Deposited 1 lac as capital. Hence whether Audit & Return for FY 2011-12 is required under Income Tax as well as under Companies Act?
Whether it is necessary to do audit of the Private Limited Company, if it is loss Making for FY 2012-13?
Under Income Tax Act, 1960
Under Companies Act, 1956