Vivek Mandot
09 July 2014 at 19:34

Bifurcation of stcg in itr2

I have SCTG u/s 111A (shares with STT) around 40129/-

But it is as follows
upto 15/9 = 27530
16/9 to 15/12= 15495
16/12 to 15/3= 930
16/3 to 31/3= -3826 (loss)

How to fill this under bifurcation section. (it does not take negative values). It is also not validating giving message that BFLA value and 3iii values should be same.
They can not be same unless i am able to put value for 16/3 to 31/3
Please advice



Anonymous
09 July 2014 at 19:18

Capital gains on sale of flat

Property 1 to be sold in October 2014
Property 2 purchased in May 2014
LTCG on sale of Property 1:75 lakhs
Property 2 purchased thru:
20 lakhs self funds & 80 lakhs Home Loan

Proceeds of sale used for pre-payment of home loan. Whether exemption u/s 54 still available on LTCG


JANMEJAI GAUR
09 July 2014 at 19:14

Bank audit due date

what is the due date of statutory audit and balance sheet of govt. and private banks?


Rakesh Bhalotia
09 July 2014 at 19:11

Tds

My firm is partnership firm and we are engaged in transportation of sand. We are hired 20 trucks from 1 pvt Ltd. Co. in monthly basis. How much TDS should be deducted from the party (Pvt. Ltd. Firm, Partnership Firm or individual).



Anonymous
09 July 2014 at 19:05

Section 54/54f

Requiring help in understanding the wording of section 54F. One of the clauses under 54F which has to be fulfilled to claim tax exemption by purchasing property is that the purchaser should not "own more than one residential house". What does the word "own" mean? Does it mean not more than one residential house should be registered in his/her name? There can be a case where the purchaser had purchased a residential house but not yet registered in his/her name. In that case will that property be counted as a "owned" property?


Yash Dave
09 July 2014 at 18:59

Tds registration

1-i am doing propraitory business in the status of huf already having pa/c no of huf also having tan no pnek05934f in the status of huf whehter i have to registered in status huf or ind for online upload of etds filing.

2-which pancard huf or individual will be required for digital signature to upload online etds returns as tan no is in status of huf pl reply soon



Anonymous
09 July 2014 at 18:37

Duty draw back

Dear Sirs,

We are a manufacturing unit in South India. We imported a machine in Sept 2013 and paid Import duty. We used the machine in production and now want to re export it. Will we be able to recover the import duty paid at the time of Importation and if yes then how much of it. Please mention the relevant sections as well for the reference.

Also, we have some local buyers for the machine, but in that case, will it be possible to recover / pass the Cenvat credit. if yes, please mention the sections/provisions in the law.

What is the procedure in both the above cases and which one to be adopted.

Thanks.


Dinesh

dear sir,
kindly explain how to calculate service tax on commercial construction activity.
please explain with example.

Thanking you
Dinesh Acharya



Anonymous
09 July 2014 at 18:22

Tds return form 27a submitted

I Genrate the TDS return form 27A. SO tell me where its submitted. I want to know address in pune of respective TDS form 27A submission.


Pradip
09 July 2014 at 18:03

Income tax on gratuity received.

Dear Experts
My Auntie just retired from a PSU and received a sum of Rs. 10,00,600.00 as gratuity. Her service period was 34 completed years. At the time of retirement her Basic + DA was of Rs. 48162.00 but she received her last salary of Rs. 16054.07 (Basic + DA) for the M/O Feb 14 for 10 days only and received Rs. 48162.00 (Basic + DA) for the M/O Jan'14 . Now my question is to calculate exempt gratuity should I calculate 16054.07/26*15*34=314908.00 or 48162.00/26*15*34=944720.00. Please help me to calculate taxable gratuity.

Thanks in Advance.






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