I am CA Final Student. I have an Query About Capital Gain on Non-Listed Shares.I want to What are the Rate applicable on it 10% or 20% for STCG/LTCG and it can avail option 1(10%) or option 2(20). Please give me the referance Material/Book also.

1.Suppose I am having two house properties at different places out of which one I will occupy for self and In another My parents stay ( native place). Can I claim one which I tay as self occupied ant the other as deemed self occupied.

2.In another case Mr X stays in one potion of his own house and another portion gives for lease for 3 years. What is the treatment. (he is not getting monthly rent)

Murulidhara.S

I bought a house plot & registered it on 10-06-2003 and sold the plot. The full settlement is received on 15-06-2006 and registration is completed on 28-06-2006. I am taking it as a L.T. capital asset for Exemption purpose. Is it correct as per the I.T. Act. Pl. clarify

Thanks
R.Devadass

please confirm the date of issuance of FOrm NO. 16A & 16. Whether it is 30th April, 07 June of 15 June

Could you share a tempolate for HUF deed.
Pl also let me know the mandatory steps for formation of HUF i.e. opening bank accounts, seal of HUF etc.
Also pl let me know the ways of generating corpus in first instance for the HUF?

whether the TDS shuld be deducted on service tax amount if an company is paying the rent income to landlord after charging the service tax.

We have entered agency tie up for business. and the commission is to be paid on the amount collected from customer/ agency. This commission payment is subject to the outstanding of the customer. If the outstanding is within a particular limit, commission will be paid otherwise it will be paid only after collecting the overdues. In such situation, if i make any provisions in the books for agency commission whether TDS is required to be deducted

A partnership firm carrying on business in a building owned by one of the partner. Land and building is in the name of the partner. This particular partner is an NRI. He has taken a loan in his name for the construction of the building. For the assmt: year 2007-08, whether firm can claim
1)depreciation on the building?
2) interest on loan taken for the building?

If no, any other tax planning measure which can be adopted now for availing this deduction?
Other suggestions are also invited.
Any information required can also be made avilable.

will expenses incurred on car hire charges attract 194I or 194C

are we to deduct tax on the total bill amount or on the amount net of service tax