Bhaskaran Chackrapani Warrier's Expert Profile

Queries Replied : 22307

Graduate of Kerala University.

Fellow member of ICAI.

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H Thakar says : Accounts
I have taken PCFC from Bank and bank have charged Interest/debited interest from my current account. What is the treatment of interest in books of accounts Pls reply

CA ASHWIN CHOPRA says : Service tax
Sir what is section 68(1) And Section 68(2) Of Service Tax.

mOHIT sONI says : IFSC code
Experts I filed my IT return coating wrong IFSC code. I have Refund of Rs. 28000/-. Can I have any difficulty in getting refund. What should be done. Whether I have to file revised return or what else tobe done. Please Urgent.........

Jaswanth says : Income from Furniture
Sir If income from furniture is treated as PGBP then it can be deemed to be under Sec 44AD please reply me

Rajat Porwal says : capital gain query
A building having 4 floor, was given back to builder for reconstruction of 9 floor building. possesion is given to builder for the same. builder is alotting flats after new flats will be ready of same size to members ,from whom the flats are taken. along with them builder is giving over and above the same Rs 10 lacs to each flat holder.now my question is howe to deal with this 10 lacs. whether they will be treated as capital gain or else???pls suggest consequences along with reference to relevent case laws.... thanks Rajat Porwal