Hi It is mentioned that exemption under sec 54ec and 54f is allowable for depreciable assets provided they are long term assets. My query is that we calculate capital gains on the entire block. Some of these assets could be long term and some could be short term. What are the rules to calculate quantum if exemption if the block has a mix of long term and short term assets? Thanks in advance

Can I recieve a taxfree gift, in cash or kind, from my uncle's son's daughter ?

iam going to appear for ipcc exams in November 2014 please suggest whether to write both the groups or the first group as I didn't start revision till today

office rent received by co operative society
. then tds deduction should be made by firm to co operative society. if it exceed limits
say 125000 p.m?
If yes then at which rate? 2 or 10.
(Office is for teaching student like computer class.)

Sir kindly guide me.....
Assesse's income is not chargeable under salary head and same is exempted..... But by mistake TDS has been Deducted u/s 92b by payment maker.
Now can assessee claim full refund while filing ITR , By showing all income is exempted ????
Or any else method used to get deducted amount back???.

Dear Sir.. Companies Act 2013 Is Going to Appliacble in IPCC Syllabus??? if yes then From Which attempt Onwards???

can we reduce directors salary due to not able to pay the tds on directors remunaration???

I recently filed my Income tax return on the incometax e-filing site.
I have claimed TDS amount in my return according to Form 26AS and Form 16A.
To my surprise after uploading my return the e-filing site shows a Tax credit mismatch for the claimed amount.
I fail to undertand why this mismatch has occured when the TDS amount claimed is exactly same as per 26AS & 16A records.
Please help !

appointment of auditors intimation to ROC for year ended 2014 is mandotory?

one of my client is a proprietor and tax audit is applicable to him. he has a propritory business and have personal interest income. he has prepared two balance sheets one for business and other for his personal income.
now my question is

1. wether all the income is clubbed for calculting tax audit limit i.e busineess income and his personal interest income.

2. wehther tds provision apllicable for hispersonal interest income and personal interest payment which he used for personal purpose.

3. if he audits his account as per section 44ad then what procedure to be followed.

reply fast its urgent

thank u