Hello Sir,
I have a query and i need your help.Kindly see the details below.

1. I sold a house which was purchased in the year 2007. House was given on rent when i sold it. Purchase price was 25 Lac and Selling price was 38 Lacs

2. I also sold another house where i was living. It was purchased in August 2011 and sold in September 2014. Purchase price was 35 Lacs and selling price was 70 Lacs. Will i get the benefit of section 54 for both the sales.

3. Now i am planning to reinvent the money which i have got from these two transactions.

Please advice how much is the capital gain on the transaction and can i invest all in the new house whose cost is more than the gains i have made.

If I sit to study now for the CA FINAL NOV 2014 exam, is there any way I can clear it?

is reverse charge mechanism applicable in Govt. sector (service receiver) in repect of supply of manpower pls guide...

Please tell me whether a C.A. can forward the print out of same audit report to its clients which is being submitted to Income tax department or there is any need of giving a separate audit report sealed and signed by CA....??

The Industrial sick unit having -ve net worth and saying that in Sep 2014 Net worth got +ve . After charging Surplus from Change in Method of Depreciation.

Is it called Write back of Dep ?

Whether amendment in section 56(2) (vii) in Finance Bill 2013 regarding inadequate consideration for purchase of immovable property is applicable to companies (purchaser) ?

Dear Sir,

I have filed ITR-1 return after due to date which is actually refundable tax .i.e A. Y 2013-14 filed on 30/09/2014 and A. Y 2014-15 filed on 29/09/2014

Can we get full amount of refund ya they deduct late fees.

Kindly solve my query.

Thanks & Regards.

i will give exam on nov -2015 .so i want when should i start my coching on ipcc exam . please kindly reply my answer

hey everyone can anybody pls help me out in understanding about when it is regarded as your 1st attempt in CA FINAL... the provisional attempt in last 6 months of Articleship training... or the next attempt that is the actual attempt after completing 3 yrs Articleship? because I heard from some students that if u don't fill exam Form of the first provisional attempt it won't be regarded as ur 1st attempt. does this hold good for cases when u fill the exam Form but don't give exam also? further, what is the importance of clearing the exam at 1st attempt?

Hi,

Please guide me what is the maximum period of construction is allowed for calculation of Pre construction period Interest.

Also What meaning of completion of construction? is it Possession or completion of full society by township developer

Regards,
Darshan