Income Tax queries [13851]

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Gopal Kathuria

11 March 2008 at 17:37

Meaning of FBT

i want to know about FBT

SOUMENDU DAS

11 March 2008 at 16:45

application of u/s.139(8)

whether sec.139(8) are applicable? if applicable when? please clarify.

Vijay

11 March 2008 at 14:02

Income Tax book sellers

Can anyone tell me the contact number of any book seller in mumbai where I can get book of CA Inter for Income Tax.

CA CMA Amarnath Nuthalapati

11 March 2008 at 11:52

Education Cess

Is Secondary higher Education cess applicable to Individuals for the AY 08-09?

Ankit Jain

11 March 2008 at 11:35

Advance Tax

Dear sir

can u send me calculation sheet of advance tax for Fy-2007-08
please send me as soon as earlior, its very urgent..
Email:- ankitsma@gmail.com

Nagendra Kumar

10 March 2008 at 22:29

STATUTORY BONUS

WHAT IS STATUTORY BONUS

Nagendra Kumar

10 March 2008 at 22:28

One person went for a mediclaim policy with a Insurance Co before going to USA.

He was hospitalized there & the expenses for the treatment was taken care by his brother in US.

After returning back to India my father produced all the bills to the concerned Insurance Co & it is in the final stage of receiving the amount.

Now my question is ...

Is the amount received an Income to my father or should he transfer the same to my brothers account in India?

Checked with my CA, he said it can be treated as Capital in my fathers account.
please claryfy me

Nagendra Kumar

10 March 2008 at 22:26

short term capital gain

LAW : S-2(42A)
STCA --SHARES(WHETHER LISTED OR NOT) HELD FOR <= 12 MONTHS

Q/A : I HAVE A SHARE & I HELD IT FOR 34 MONTHS.BUT I AM CLAIMING IT AS 'STCA'!! IS IT RIGHT OR NOT,If it is right wat is the special feature of that SHARE !!!!

CA Hemant T Dewani

10 March 2008 at 19:11

CAPITAL GAIN

1-ONE LADY HAD A HOUSE WHICH IS HER!S NAME BUT PAYMENTS ARE MADE BY HER HUSBAND BUT IN MUNCIPAL RECORDS THE HOUSE IS HERS NAME WHO IS THE OWNER OF THEPROPERTY.
FROM TOTAL PAYMENTS OF THE HOUSE SHE PAID RS.25000/-BALANCE AMOUNT PAID BY HER HUSBAND
SHE ALSO ACQUIRE A LAND FOR RS.50000/-IN LAST TEN YEARS FROM HER PIN MONEY AND SOLD DURING THE YEAR FOR RS.1400000/-
FROM THIS AMOUNT SHE GIVE RS 800000/- TO HIS SON FOR PURCHASE OF NEW HOUSE

WHETHER RS.800000/- PAID TO SON IS EXEMPT FROM CAPITAL GAIN TAX

Viral Jani

10 March 2008 at 18:32

set off and carry forward of lossess

as it is not possible to get set off of business profit against long term capital loss. however, can it is possible to carry forward business loss set off against the long term capital gain.