DT November 2017 Exam Paper

Final 16256 views 62 replies
yes .u/s 194IA
Replies (62)
yes .u/s 194IA
tds personal in nature no tds
Where it is written in the question that house was purchased out of sale proceeds of land.... It was purchased through taking a loan....
first 2 case last purchase transaction no tds
That applies for 194C not 194IA

Last is covered under TCS... goods pur other than gold... Amt does not excced 2L so no tcs... 1st of personal nature and 2nd one TDS u/s 194IA @ 1%

It is not necessary that the house have to be purchased out of the sale proceeds of land because as per section 54F any house purchased 1 year before the transfer of asset also qualifies for deduction. In this question it was prior case.
194c mh h personal in nature bt 194J was d case n ind was liable to tax audit u/s 44ab bit confused
It that question service of architecture has been obtained... So in no case it is contarct... It is not for construction of house it is for furnishing of house

How is 54F applicable ? Wasn't the plot of land that was sold a short term capital gain?

feel like people called paper easy doesn't even understand what was the requirement asked by it...clap for these students too..
So people would be in stress for IDT. Eliminating competition 😂😂
forget DT, tray to get Exemption in upcoming IDT...So burden Will be reduce..ok...
Dosto aaj mene additional sheet par apna roll number nahi likha....96 attempt overall thik hua last attempt ke comparison mein....
Easy to get 40 difficult to get above 50


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