LTCG on Listed shares thro Exchange is exempt..

but LTCG on Listed Shares thro Off Market Transaction is taxable..

now ma question is

if Mr.x is having LTCG on sale of Land

can same be setoff with LTCL on listed securites thro Off Market Transaction.witout STT.

sir i have purchased a land n sold same on 15.Jan.2013 ..
and the LTCG on same is approx 4 crore..
now on 10 feb.. AO invited me n is forcing me to submit due capital gain tax till feb end..

AO is not even giving me time to pay advance tax till 15 march..

and i m interested in paying Self asstt.tax wit due interest.. n mean while i wanna use the same for some other purpose..

can AO force me to pay advance tax only..
is it justified.. i m ready to pay tax amt after 4 Month wit due interest thereon.

sir plz guide me..

2 brothers and 3 friend (total five) purchase a land jointly without defining their individual share in registry papers.(but on IT return they have defined there individual share)


now after two years if they sell the land defining their share and all 5 receives their share amt in cheque from purchased.. (5 cheque)..

i consider the owner as co-owner
but AO is of view dat its an AOP and will be taxed flat at max.rate of 30%
is there any justification to AO remark.

Dear Sir,
Can a builder proprietor sell a couple of his flats to his sons? There is already family partition. Is is ok as per hindu succesion laws? will or will not I.T. Dept frown upon this.Can it say that what was the need for proprietor to sell something which after his life was afterall his sons property.

Thanks!

What will be the accounting entry if an asset is purchased from General Reserve?

Dear Sir,
Can a builder proprietor sell a couple of his flats to his sons? There is already family partition. Is is ok as per hindu succesion laws? will or will not I.T. Dept frown upon this.Can it say that what was the need for proprietor to sell something which after his life was afterall his sons property.

Thanks!

If a company is resident in India having balance account in foreign bank an it is transferring the amount from the account to subsidiary outside India directly. Amount has not entered in India.

Whether FEMA is applicable?

I had passed CA Foundation exam in Nov'99, 1st group of ca intermediate in May'02 , 2nd gr of PE [ II}in may'04. Ist gr of final in nov'05 and 2nd gr of final in nov'12....now for getting ca degree what other things I have to do and plzzz tell me about GMCS classes also

What does 'first attempt' exactly mean?
Like,if i am a CA final student whose first attempt will be due on may 2013( i am eligible to appear for the exam for the first time on may 2013) and i skipped that exam(i didnt even apply for the examination),will it be assumed that i didnt clear the exam in the first attempt even if i clear both the groups in nov 2013?
Its only if you wrote the exam and failed will it amount to not having cleared in the first attempt,right?
Or is your attempt calculated on the basis of registration to the course?
And how do companies verify this information during selection?
So,if i studied for a year or two without writing the exams and then cleared it the first time i write it,shall it still be my first attempt?
Thanks...

Waht is the treatement of decrease in general reserve in comparision of previous year amount in the cash flow statement???????????