One of our clients has disposed the old house but he did'nt take sale deed at that time,the purchaser is an NRI and his whereabouts are not known now.For the purposes of tax,he need the sale deed.He tried to get the sale deed from the registrar office but he could'nt.Is there any alternate way for getting the sale deed copy from the registrar office?
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Dear sir
Question:
A ltd is 100% holding company of B ltd. B ltd purchase P&M on 15/10/2011@ 10, 00, 000. B ltd transferred the asset to A ltd at the cost @ 4, 00, 000 on 20/12/2012. A ltd transfferd the asset back to B ltd on 4/5/2013 @ 2, 00, 000.After acquisition B ltd sold the asset
@ 2, 15, 000.
(a) What will be the Depreciation claim for respective years for both the companies?
(b) What will be the capital gain in the hands of B ltd?
(c) What if the asset is sold by A ltd in 2014 then what will be the capital gain?
(d) What if the asset is sold by A ltd in 2020 then what will be the capital gain?
(e) What will be the answer to all of the above if A ltd is not the holding company of B ltd.
Thank you
Regards
Aakash
sir currently I m pursuing CMA & CS. I JUST want to know about the career in CMA.
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Regarding the sale deed on the disposal of the property