This Query has 3 replies
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
This Query has 7 replies
please confirm the date of issuance of FOrm NO. 16A & 16. Whether it is 30th April, 07 June of 15 June
This Query has 7 replies
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?
This Query has 6 replies
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.
This Query has 3 replies
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
This Query has 4 replies
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.
This Query has 16 replies
will expenses incurred on car hire charges attract 194I or 194C
This Query has 5 replies
are we to deduct tax on the total bill amount or on the amount net of service tax
This Query has 10 replies
Urgent.
Should we deduct TDS@professional or contractor for payments made to a painter?
Painter Vs. Professional Painter.
This Query has 2 replies
Company A sells its office premises whose market value is Rs.9 crores to a person holding beneficial interest in the company at Rs.3 cores which is higher than the guidance value for payment of stamp duty under Section 50 C of the Income tax act. Kindly clarify:
The tax implication on company And also on the buyer.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
L.T.Capital Gains