My client is in Construction Business he buy Lift & give to the same company contract for installaction of lift will he liable to deduct TDS under 194C or 194J
Purchased two flats in FY 05-06: Details given below:
Flat 1:
Date of purchase (date of first receipt from the builder): 11 January 2006
Date of Sale Agreement: 13 January 2006
Date of registration: 7 February 2006
Date of Possession: 23 November 2006
Flat 1:
Date of purchase (date of first receipt from the builder): 9 March 2006
Date of Sale Agreement: 25 March 2006
Date of registration: 24 April 2006
Date of Possession: 23 November 2006
I intend to sell both the these flats and
buy one large flat for my family
Q1: When wld the 3 yr period complete for qualifying as LT Capital Gain
Q2: Can i get benefit of setting of the LTCG against cost on the one new flat (cost wld be higher than the LTCG of both the flats combined)
Q3: Believe the new flat has to be acquired either one year prior to the date of transfer or two years after. Wld the period of new asset acquisition be calculated from date of token ot date of sale deed or date of registration.
Will appreciate your response.
Purchased two flats in FY 05-06: Details given below:
Flat 1:
Date of purchase (date of first receipt from the builder): 11 January 2006
Date of Sale Agreement: 13 January 2006
Date of registration: 7 February 2006
Date of Possession: 23 November 2006
Flat 1:
Date of purchase (date of first receipt from the builder): 9 March 2006
Date of Sale Agreement: 25 March 2006
Date of registration: 24 April 2006
Date of Possession: 23 November 2006
I intend to sell bothe these flats and
buy one large flat for my family
Q1: When wld the 3 yr period complete for qualifying as LT Capital Gain
Q2: Can i get benefit of setting of the LTCG against cost on the one new flat (cost wld be higher than the LTCG of bothe flats combined)
Q3: Beleive the new flat has to be acquired either one year prior to the date of transfer or two years after. Wld the period of new asset acquistion be calculated from date of token ot date of sale deed or date of registration.
Will appreciate your response.
Please Tell Me About Deferred Tax.
1) What is Meaning of Deferred Tax
2) How does arise Deferred tax
3) What effects should be done in Books
4) Other Information about Deferred Tax.
Central excise paid on the material can it be taken as a service tax refund for payment of service tax?
plz reply as soon as possible.
R/Guides
Please help me in choosing the course with my job either MBA from Amity or CFA from ICFAI.
Which will be better. Please help
Regards
WE PURCHASE A FLAT OF 750 SQFT AFTER PAYING 120000/- STAMP DUTY & REGISTRATION NOW WE HAVE TO PAY VAT & SERVICE TAX ALSO PLS HELP ME NOW BUILDER DEMANDING 172490/- AS VAT & SERVICE TAX AMOUNT PLS HELP ME STILL RULE IS FINALISED OR NOT
THANKS IN ADVANCE
REGARDS RAKESH PANDYA
Sir,
One of our supplier of Material supplier has charge service tax and wct on the supply bill . Shall we liable to deduct the TDS on that bill?
Our company has got the furnishing done of office space. Charges have been paid inclusive of material and labour (no seperate bifurction. Would it be subjected to TDS u/s 194C?
what is the procdour to registration in excise tellme urgent
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
TDS on installation of Lift