I had booked a flat in 2007 on installment payment system for investment purpose . The Completion Certificate for the project was received in August 2010 . I made a nomination agreement in July 2013 in favour of the person whom I sold this flat and for this the builder has charged a transfer fee . I had not registered the flat but the builder issued the possession letter in my name

Total value of purchase - 1500000
Value mentioned in nomination agreement - 3000000

Now my question is that in the above situation is long term capital gains applicable . And other question is if it is LTCG then how can I save my tax .

Please advise

Hello,
On of the debtor of the company I manage accounts for has not paid for almost a year now. Have send reminders and notices.
What should be done legally next to recover the money asap.
Reference to any lawyer will be apprecited.
Thanks

Hi Everyone,

My friend is appearing for IPCC exams in Nov 13..I want to help him with study planner and how to approach diff subjects. Please advise

please give me the full details for admission in IPCC,incuding the details of the course and also the details of the admission fee for ipcc

What's rate of TDs deduction on transportation charges in detailed

Dear Sir,
i have filed the return, now i come to know that i make a mistake in bank a/c no while filing. actually my query is that i do not write the 0 before the a/c no i.e i fill a/c no 54151045365 instead of 054151045365 . i fill the ifsc code correct. should i file revised return or not? i have refund this AY year.

Dear Sir,

I want to ask on thing in the following case :

I have prepared ITR 4 as per Figure filling in it Tax comes.

INCOME TAX 4569

EDU CESS (INCL SHE) 137

But there is Prepaid Tax i.e TDS Rs 53.

then which amount I shall consider for Payment in Challan 280?

Income Tax
and
Edu Cess (INCL SHE)

Either
1) Income Tax 4506
Edu Cess (INCL SHE)137

Or

2)Income Tax 4653
Edu Cess (INCL SHE) NIL

Dear sir/mam, My articleship is due to complete in august 2013 but it will be extended to 30th november 2013 due to leave. So i will submit form 108 only in nov. And not in aug. So is there penalty. Till what date should i submit form 108.

A co-op hsg soc have recvd intimation receiveing for disallowing deduction u/s 80P.
the co-op hsg soc receives bank interest from another co-op bank only. is it not deductible u/s 80P

A client has made short deduction of 1 % instead of 2% and return has been filed.Problem is that on arrival of notice payment has to be made,so while filing the correction statement two challans would be there for same party