Hi,

I have sold my residential property in Dec'2012. Where should i deposit my funds Capital gain account scheme) to avail exemption u/s 54, since i have two years to purchase new residential property.

Is normal Fixed deposit in Bank will suffies the requirement?? Any specific procedure to follow.

Thanks and regards

Shubham

Dear sir,
If one person have 4 heavy vehicles on 1.4.11 and he acquired 7 heavy vehicles on 31.5.11 and he sold 2 heavy vehicle on 30.6.11. if he earn a income during the year. shall he make a deduction U/S 44 AE?


Thanks

If reference is made to valuation office by A.O., is the findings of valuation officer binding on A.O.?

Dear Sir,

My company is a Retail Chain Company(Jaipur) like Big bazzar, we Both sales Taxable Items & Ontaxable Items,

Purchases a Capital Goods(AC) from Mumbai for Rs. 10 Lack

Please tell me this taxable at 2 % (under CST ) or 12.5 % Normal Rates

we can issued "C" form for This Transation


Thanks & Regards

MK

I filled return for AY 2012-13 on 26.07.2012.Refund due to me Rs.11990.
Total refund received with interest Rs.12430.
Date of refund received :24.11.2012
is i got correct interest on refund?

What is the difference between Shipping Bill & Bill of Lading

Hi,
My Hra calaulation is as below

1 Actual HRA (as per basic) = 78000
2 50% of Basic(Delhi) = 78000
3 Rent>10% of Basic = 92400
Least of the above is exempted = 78000

How much amount of rent receipt i need to Give to my employer?

Dear sir,

please clarify the following,

where to show changes in valuation of liability against life policies in force.

is it to be shown in Revenue account or valuation balance sheet.

Please explain me the exact meaning of "Body Corporate" in detail.

Dear Experts,
I am working in a Manufacturing Co. We are taking cenvat credit on Input, Capital goods and Service tax.Kindly advice me what type of service we can take cenvat credit.
Thanks and regards,
R.D