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
| 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
CAclubindia
