banner_ad

TDS

TDS 725 views 2 replies

DEAR SIR,

I WANT TO KNOW THAT, I M WORKING IN A PROPRIETOR SHIP CONCERN, (EXPORT ), NOW THE PROPRIETOR IS GOING TO START TO MAKE & SALE THE RESIDENTIAL FLAT IN ANOTHER NAME ( X ENCLAVE), MANY  CONTRACTOR APPONTED TO CONSTRCT THE BUILDING, AND MY CA TOLD THAT THE SALE OF FLATS TO BE SHOWN UNDER CAPITAL GAIN, CHARGES PAID TO CONTRACTOR TO MAKE THE CAPITAL ASSET IS LIABLE FOR TDS DEDUCTION.

PLS TELL ME

THANKS

Replies (2)
Originally posted by :T. BHATIA
" DEAR SIR,
I WANT TO KNOW THAT, I M WORKING IN A PROPRIETOR SHIP CONCERN, (EXPORT ), NOW THE PROPRIETOR IS GOING TO START TO MAKE & SALE THE RESIDENTIAL FLAT IN ANOTHER NAME ( X ENCLAVE), MANY  CONTRACTOR APPONTED TO CONSTRCT THE BUILDING, AND MY CA TOLD THAT THE SALE OF FLATS TO BE SHOWN UNDER CAPITAL GAIN, CHARGES PAID TO CONTRACTOR TO MAKE THE CAPITAL ASSET IS LIABLE FOR TDS DEDUCTION.
PLS TELL ME
THANKS
"


 

YOUR CA IS RIGHT

Sir, I want to know the method of tax calculation for Individua. For ex: IF the taxable income is Rs.443932 out of this Rs.150000 is exempted. The tax on Rs.293932 would be Rs.43786.00. IS my understanding correct. Please advise


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details