if i have purchased plot of land in say 1987-88 for 30,000/-
Construction over this plot has been done in 1998-90 for rs.2,50,000/-
Sale of the same in 2013-14 for rs.40,00,000/-
how to calculate Capital gain....
whether exemption u/s. 54 is available? How much i have to invest?
sir
my registration of ipcc expired and iam going to apply for revalidation can I fill the examination form along with revalidation
Sir a client of ours has received a subsidy due to modernization and expansion of its project in form of refund of VAT and Octroi. Kindly state whether the said subsidy can be treated as capital receipt.
My Result of IPCC May - 2013(Second Attempt)
Group 1
A/c - 87
Law - 29
Costing FM-76
Tax - 60E (1st Attempt)
so can I get exemption in all the 3 subjects??? If no then in how many subjects exemption is prevailed???
we are STPI Unit we had imported some items for the project Purpose on loan basis by paying Customs Duty now our projected is completed we want Re-export Loan items to the Customer. Now can we claim the the Refund of Duty, paid while importing if yes please tell me procedure to claim the Refund duty?
what is procedure to Re-Export the loan basis items?
To get a claim do we approach DGFT or Central Excise or Customs?
Hello Folks,
Is it correct way to show Employers contribution in Form 16 of employees u/s 10 as PF allowance?
Can u send me the format of Notice that is given by the proposed transferor showing his willingness to transfer the shares
Thanks In Advance
According to Para 9.4 of AS 10- Accounting for Fixed Assets, expenses (other than borrowing cost) incurred between the period of date of completion of construction of asset and date of commencement of commercial production can be deferred for a period not exceeding 3-5 years.
But the concept of deferred revenue expenditure does not exist right now.
So, whether the aforesaid deferment is possible?
Friends,
In ITR return filling which form we have to select to filling of salary income , house rent income , Minor child income , other sources income.(minor child income is house rent income other sources - interest on FDR'S) .
i am really interested to make a perfect auditor my self, how can i do this? what should i do?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Cost of acquisition exemption of tax u/s. 54