Hanmantu N.Sai
This Query has 2 replies

This Query has 2 replies

21 June 2008 at 16:41

Notice Under Section 142(1) ?

Any one can tell me the detail of notice u/s 142(1) received form income tax.


Nikhil
This Query has 2 replies

This Query has 2 replies

21 June 2008 at 16:39

Linit for TCS on scrap


is there any threshold limit for TCS on scrap?


Reeji Rakesh
This Query has 3 replies

This Query has 3 replies

21 June 2008 at 16:38

Agricultural income - Urgent

Whether there is any limit for agricultural income shown in individual's total income statement?

What are the documents to be needed to shown agricultural income?

And please tell the calculation also. Its urgent please help me.


chirag sukhadia
This Query has 3 replies

This Query has 3 replies

can you please tell me the applicability of TDS on JCB machine ranted for erection of plant and site development. What tds rate will be applicable? Rent or Labour Contract.


pankaj
This Query has 2 replies

This Query has 2 replies

21 June 2008 at 15:44

TDS on installation of Lift

My client is in Construction Business he buy Lift & give to the same company contract for installaction of lift will he liable to deduct TDS under 194C or 194J


Amit
This Query has 3 replies

This Query has 3 replies

21 June 2008 at 14:55

Sec 54- Capital Gain

Purchased two flats in FY 05-06: Details given below:
Flat 1:
Date of purchase (date of first receipt from the builder): 11 January 2006
Date of Sale Agreement: 13 January 2006
Date of registration: 7 February 2006
Date of Possession: 23 November 2006

Flat 1:
Date of purchase (date of first receipt from the builder): 9 March 2006
Date of Sale Agreement: 25 March 2006
Date of registration: 24 April 2006
Date of Possession: 23 November 2006

I intend to sell both the these flats and
buy one large flat for my family

Q1: When wld the 3 yr period complete for qualifying as LT Capital Gain
Q2: Can i get benefit of setting of the LTCG against cost on the one new flat (cost wld be higher than the LTCG of both the flats combined)
Q3: Believe the new flat has to be acquired either one year prior to the date of transfer or two years after. Wld the period of new asset acquisition be calculated from date of token ot date of sale deed or date of registration.

Will appreciate your response.


Amit
This Query has 1 replies

This Query has 1 replies

21 June 2008 at 14:54

Sec 54- Capital Gain

Purchased two flats in FY 05-06: Details given below:
Flat 1:
Date of purchase (date of first receipt from the builder): 11 January 2006
Date of Sale Agreement: 13 January 2006
Date of registration: 7 February 2006
Date of Possession: 23 November 2006

Flat 1:
Date of purchase (date of first receipt from the builder): 9 March 2006
Date of Sale Agreement: 25 March 2006
Date of registration: 24 April 2006
Date of Possession: 23 November 2006

I intend to sell bothe these flats and
buy one large flat for my family

Q1: When wld the 3 yr period complete for qualifying as LT Capital Gain
Q2: Can i get benefit of setting of the LTCG against cost on the one new flat (cost wld be higher than the LTCG of bothe flats combined)
Q3: Beleive the new flat has to be acquired either one year prior to the date of transfer or two years after. Wld the period of new asset acquistion be calculated from date of token ot date of sale deed or date of registration.

Will appreciate your response.


omprakash mourya
This Query has 1 replies

This Query has 1 replies

21 June 2008 at 14:24

Income Tax

Please Tell Me About Deferred Tax.
1) What is Meaning of Deferred Tax
2) How does arise Deferred tax
3) What effects should be done in Books
4) Other Information about Deferred Tax.


Jaideep
This Query has 2 replies

This Query has 2 replies

21 June 2008 at 13:53

TDS to be deducted or Not

Sir,
One of our supplier of Material supplier has charge service tax and wct on the supply bill . Shall we liable to deduct the TDS on that bill?


Yogesh kumar
This Query has 1 replies

This Query has 1 replies

Our company has got the furnishing done of office space. Charges have been paid inclusive of material and labour (no seperate bifurction. Would it be subjected to TDS u/s 194C?