CA.AZAD JAIN

If two people, A and B, get a property registered under both of their names but A makes the entire payment for that property from his bank account and B promises to pay him his part of the money later on. However, later on B backs out and refuses to make his part of the payment. If A later on sells the property, then what will be the status of B? Will he be liable to pay any capital gain tax or only A will be liable to pay the capital gain tax? Kindly mention the case law in regard with this query, if any.



Anonymous
04 June 2013 at 15:30

Service tax

what is the penalty amount for late payment of service tax


Nitesh Agarwal
04 June 2013 at 15:29

Depriciation as per companies act

sir,
please tell me the depriciation rate for epabx system as per schedule xiv of companies act & as per income tax act



Anonymous

Hello,
I am confused about applicability of Reverse Charge to Co- operative banks. co-operative banks being AOP are not Body corporate, but falls under definition of Business entity.So please let me know if provisions of Reverse charge are applicable to these banks?


PARSRAM
04 June 2013 at 15:24

Attempt allowed for ipcc students

I HAVE CLREAD MY IPCC 1ST GROUP IN NOV 2011
SO MY CA FINAL WILL BE NOV 2014

SO HOW MANY ATTEMPT I CAN USE FOR IPCC 2ND
GROUP..

SO THAT MY CA FINAL ATTEMPT NOT GOING TO POSTPONDED.

MY LAST IPCC ATTEMPT WILL BE MAY 2014 OR NOV 2013

PLS SUGGEST ME

THANKS IN ADVANCE


narender
04 June 2013 at 15:20

Cash basis accounting

Dear Friends


Can a Section 25 Company maintain its books of accounts on cash basis???


Because as per the Companies Act Companies are required to maintain the books of accounts on accrual basis

however generally Non for profit organisation maintains the accounts on cash basis only

Please advice


shilpa
04 June 2013 at 15:15

Listing agreement

for compliance of Clause 49, 35, or Quarterly Compliance of Listing agreement, can i pass a board resolution for that? if yes, kindly give the format of the same?


Nisha Kotian
04 June 2013 at 15:13

Itr filing

Pls suggest on the following: TDS @10% has been deducted under sec 194 LA on compensation received on compulsory acquisition of village land by government. Need to know which ITR is to be filed for the same for AY 2013-14 and under which head of income? Can refund be claimed by a Sr. citizen in case the total taxable income is below the the taxable limit?


Nisha Kotian
04 June 2013 at 15:08

Itr filing

Pls suggest on the following: TDS @10% has been deducted under sec 194 LA on compensation received on compulsory acquisition of village land by government. Need to know which ITR is to be filed for the same for AY 2013-14 and under which head of income? Can refund be claimed by a Sr. citizen in case the total taxable income is below the the taxable limit?



Anonymous
04 June 2013 at 15:05

Kvat on supply of goods to sez

Sir,
If a Dealer registered under Karnataka vat supplied goods to SEZ what will be rate of Tax ? If it is exempted from paying VAT on supply of goods to SEZ what is the procedure to follow. ? Give some details about this transaction.






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