Anonymous
04 February 2013 at 16:28

Capital gains and exemption u/s 54f

Sir,Facts are as follows;

1) I sold a piece of urban vacant land in april 2011 for Rs 21,60000/- whose indexed cost of acquisition in 2011-12 is Rs.6,08,000/-.
2)I booked a res. flat under construction for Rs 19,20000/- and agreement for sale was executed on 9/9/2011
3)I paid Rs. 15,70,000/- to the builder till the due date of furnishing returns ie 31/07/2012
4)but unfortunately could not open a capital gains account and deposit the remaining consideration amount of Rs 5,90,000/-.
My questions are;
1)Can I claim exemption for the amount already paid to the builder till 31/07/2012 and pay the capital gains on the balance money.
2) how to calculate the capital gains in the above case.
3)what proof of payments to the builder before 31/07/2012 is required to be furnished for claiming exemption.Agreement for Sale or money receipt of the builder or both?

Kindly reply soon
THANKS



Anonymous
04 February 2013 at 16:09

Payment of service tax monthly/quarterly

Can any one pls tell me the due date for payment of service tax fron HUF firm?



Anonymous
04 February 2013 at 16:04

Transmission of shares

Sir, in case of transmission of shares, do we give a new certificate or the same share certificate is given with the new name endorsed.

how is the entry made in the register of members ?


RAJAT GUPTA
04 February 2013 at 15:59

All about cs

i am student of ca-final & want to do cs also tell me the all process to become cs also. icsi allow a cpt pass to take direct admission in cs-executive course.



Anonymous
04 February 2013 at 15:56

Income tax


I was recently joined in CA firm which have mostly clients for income returns filing. i don't know anything about incometax .
so, please show me a path in which i have to go.


nambi konar
04 February 2013 at 15:56

80c

one of my client have taken the fixed deposit for the 5 year. but he don't requried that deduction for the assessement 13-14. can he take that excemption in assessement 14-15.


nikhil
04 February 2013 at 15:51

Contract,pf and pt act

In case their is a contract between a company and a individual for employment and the company restrict the employee from PF benefits but deduct PT is the contract void,voidable or valid. As in a case a company has a contract with an individual for 2 years and have given a designation but have specifically restricted the employee to participate in PF but deduct PT from the salary. Would this be covered u/s 192 or 194J of Income tax? and what is the standing of Contract


nikhil
04 February 2013 at 15:48

Tds on contractual employee

If any corporation appoints anybody for a particular no of years on contractual basis which says monthly compensation and gives a designation to the employee, but the employee do not get salary slip and is not entitle to participate in PF then in such a case the tds deductible for payments to such person shall be under section 192 or 194J. What shall be the standing of the PF if the Employer is covered under PF act can such contractual employee refused for PF deduction and is the employeer discharged from his liablity if the employee refuse


sreevatsa
04 February 2013 at 15:40

Moa

Can anyone send the Main objects of export/import or buy / sell of Gold, Gold Jewellery,precious metal, metals etc.,


Prakash
04 February 2013 at 15:35

Changes consider in financial reporting

Sir,
please tell me, is any change considered in accounts of (CA) final due to applicability of companies bill-2012






CCI Pro



Answer Query

Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details