Income Tax queries [13942]

WHAT ARE THE FBT PROVISIONS APPLICABLE IN CASE OF A TRAVEL AGENCY???????????? WHAT ABOUT THE FUEL EXPENSES? VEHICLEMAINTENANCE? IS THERE NO WAY TO ESCAPE FROM FBT????/

sachin

10 October 2007 at 13:07

Mat Credit

Hello,
Me had query regarding Mat Credit when is to be availed.
Wheather the credit is to be taken after 30% Tax Calculated or after Normal Tax + Surcharge+Education Cess..

RASHMI SANGEKAR

10 October 2007 at 12:28

qualifying for long term capital gain .

sir ,I purchase a resdential flat on 31/jan/2004 with one chq payment.I have full and final receipt of that date.as our building had not got oc builder gave temporary possesion letter for making furniture and fixture stating that he will handover possesion as he gets oc from bmc.temposray posseion letter also is dated 31/jan/2004.I started staying there from february/2004.I have only one house.there was a scheme and builder paid my stamduty on 27/february/2004 and we enter in agreement on 27/february /2004.I was unaware about registration so I didn't do it immediately. in august when I went to builder for registration he with white ink change my february date to july and we got my agreement registerd.now my agreemnt date is 27/july/2004. now in month of april 2007 I sold the flat. will my case qualify long term capital gain as temporary possesion date and full value paid date is 31/jan/2004. pls tell.