If someone has filed NIL tds return for a quarter but there were some payments in that quarter, is it possible to revise this return , if possible what is procedure to revise that return.???
letter draft for society for new water connection
I have LTCG after selling my flat in February13. Can I get tax exption u/s 54 if I purchase 2 properties? If it is restricted to one property Can I get exemption for 75% of LTCG u/s 54(one property) & 25% LTCG 54EC(bonds)?
In anticipation of deal I purchased a new flat in Novermer 12 with housing loan. In the new property agreement and loan agreement is my son's name is first and mine is joint 3rd. 28% of flat value paid by son, 2% by me & 70% loan. Loan amount is disbursed to builder. My questions are a)) With my name 3rd can I get exempption under 54. b)Can I repay 70% value of housing loan from LTCG & get exemption? c)Will there be any restrictions on eligibilty as my name is 3rd?
Which date is considered for time limits? date of signing agreement/ date of registration/ date of possesion?
Whether, Notification No. 25/2012-Service Tax covers Transporting of Iron Ore by Truck, where Value of each trip is less than Rs1500/-.
kindly somebody provide me a Draft Resolution for opening an office as commercial office
Dear All ,
One of our Individual client was having business income in the F.Y. 2011-12 , As return was not filed . But now he wants to file the return . So it is necessary to show the current account of that business ? As business was wind up in the sep 2011. Business has loss so the business closed. From oct 2011 he was having the salary income .
Kindly suggest me how we can compute his tax
hope for the fast reply .
A company incorporated in year 2000 has not yet started commercial operations.
1. What will be the treatment of the administrative expenses like rent, electricity, accountant's and auditor's fees in the books of accounts and as per Income Tax Act.
2. Will the company get deduction of the same as pre-operative expense u/s. 35D after 10-15 years of incorporation also if commercial operations are started that late?
I HAVE RECENTLY APPEARED FOR FINAL CA , NOW I WISH TO PURSUE OTHER COURSE ALSO MY FILED OF AREA IS LAW OR CS WHICH OEN IS GOOD ACCORDING TO YOU. PLZZ ADVICE.
dear sir,
i am deepak pareek from jaipur (rajasthan). my mother purchased a land of 200 sq.yrds in 1971 the cost of land at that time was 8300/- later they made construction on this land of two room set which was approxly 850/- sq. feet. My mother was expired in 1987 and my father has also expired in 1999. I am having 8 sisters and in 2011 they all make a release deed in favour of me. i sold the house in 2012 june @3501000/- Re. thirty five lac one thousand only. now my queries are as per below:-
(1) i get this property from release deed so can i get the benefit of indexation i mean what will be the cost of aquisition 8300/- or according to index from 1981
if yes then
(2) from where i get the fair market value of my house in 1981
(3) construction was made on 1975-76 so from where i get fair market value of construction
in 1981
(4) I have to invest total sale consideration(3501000) or only capital gain.
(5) can i purchase a flat in installments and can i purchase more then one property from capital gain amount or i have to invest in only one property.
(6) what is the time limit to deposit the amount in capital gain account and total sale consideration has to be deposited or only capital gain.
(7) if i booked a flat and already gave 1500000/- fifteen lacs in five installments after sale of property then now how much amount i have to deposit in capital gain account
please sir kindly solve my problem thanks in advance
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How to revise nil tds return..???