If I Sell a plot of land for 1.5 crores and I bought a new house for 2 crores within 2 months but house purchased by bank loan.bank given loan of 1.5 crores for purchasing new house, I paid remaining 50 lakhs from sale of plot.later I repaid the bank loan from the realisation of sale of plot.So now the question is can I claim exemption Under Section 54F for capital gains even house bought by bank loan.My doubt is law no where spoken about bank loan.So am I eligible for Exemption..??

Mr.X was appointed as KMP comprising all three.. CFO, CS and Manager.. Can I get a board resolution for this.

if a person pays tax for the f year 13-14 and to claim tds deducted by bank on interest income than can he claim the same in the next year...

Expertji,

I have started new consultancy having gross receipt of 800000 as well agriculture income of 100000, then do i need to maintain books of account as per income tax act and i am not into specified business and i am newly started consultancy as proprietor.

Hi,

Can anybody help me , is there any time limit bound for revise the service tax return , if we cross the time limited is any penalty for the same.

please advise

Regards
Anirudh'

Dear sir,
I am pursuing CA Final. I want to register firm for providing services of accounting, TDS, ITR etc.

So, please tell me that can i do so ?? If yes, then tell me what is name of my firm end...(& Company of & associates).

If we start proprietorship firm, then registration is mandatory or not. If not, then what number is placed in invoice.

Please suggest me earlier.
Thanks in advance

Best Regards
S.N.Mishra
CA Final

In ITR 12-13, Business income was rs. 10 lakhs in addition to this their was loss from BSE, Cash and delivery of rs. 20 lakhs and future and option loss of rs. 80 lakhs which are shown under the head short term capital loss. Can this loss be set off from business income in the same financial year by the ITO while order u/s 143(3)?

An entity liable to pay service tax under reverse charge needs to pay ST on a taxable service received but service tax amount not shown separately on invoice?

I have not Filed my Organisation TDS Return For FY 2011-12,2012-13,1st Qtr of 2014.

Can i will be file this return .

any penalty imposed to me ?

How to waiver this penalty ?

i am working in a NGO as driver i have annual income Rs.120000 on which NGO deduct TDS in section 194J 10% & provide us Form 16A.

pls suggest me in which itr i will file income tax return to get refund.