Hi,
I want to sell a property (Residential Flat) for 26 laks which I bought it for 12 laks but registered sale deed value is for 5 laks only. So what amount should I consider for capital gains as property bought price 5 laks according to SALE DEED or 12 laks original one and mentioned in Agreement of Sale document
An I want to buy another flat with that amount. So at what value should I register that new one ? entire 26 laks or lesser one to reduce registration charges...according to the market ? Please help me. thanks in advance.
nagabhushan.
What shall be the results of PCC and Final...Shall it decline over the past year performances....
My grandmother had aquired a built up property in 1965 worth Rs. 10,000/- only but she was a housewife at that time & payment was made by my grandfather. Now, the same property has been sold in the month of Jan. 2006 for Rs. 64 Lacs (all through cheque). Due to some family dispute, I had to file a civil suite against my grand mother claiming my share which was compromised in lok adalat at a consideration of Rs. 30 Lacs which grandmother had to give to me to withdraw the suit.30 Lacs were recd in a joint a/c of me and grandmother which I withdraw to buy self assets. I just want to know If money given to me i.e. 30 Lacs taxable for me or not?
we are in printing press. we have taken one gala for lease. but instead of showing it on lease we have made job contract agreement with owner. he was raised bill in our name on monthly basis & we have pay him the bill after deducting TDS. but he is saying that TDs is not applicable on job contract. therefore, pls tell me whether it is applicable or not & if yes then what is the percentage.
hi,,
i am sumit..c.a final student..
i want to know that if any assets added directly to capital account ,,without any cash/bank transaction..then we have to pay tax on that assets ,that we are showing..?
Can any one let me know,that for EPF what are the registers, froms and returns (like monthly, quarterly or annual)details to be manitained by a resturant company?
Can anyone tell me whether a director is considered an independent director even if he had given consultancy to the company just before he was appointed as independent director?
1.Why was sales tax replaced by VAT?
2.What is input tax credit?
3.Can input tax & output tax be kept separately over the financial year is it necessary to transfer to input tax credit?
Good Afternoon,
My name is Rajkumar. I have completed my MBA with finance specialtion.
I would like know the "what is the distungish between the service tax collecting 4.12% and 12.36% on 33% of invoice value.How they are measure to collect this service tax and what basis?"
So please provide your valuable answer.
A public ltd co. has 7 directors. One of the direcotr has not obtained DIN due to some problems. Is it possible to file Form 20B without having his DIN as Form 20B is pending for the last year also.
Plz ans.
Thanks a lot.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Capital Gains Tax on Sale Deed value