My client has purchased a residential plot on 23.12.2010 at Rs. 700000/- and sold the half portion on 23.12.2013 at Rs. 800000/- and then purchased another residential plot on 13.01.2014 for Rs. 500000/-.

Pls guide whether exemption u/s 54F will get or not?

Hello, can any one tell me why income tax department is charged Interest on late payment of TDS for 2 month even if delay is for less than 30days. Is it correct to collect interest for 2 months ? e.g. If i have deposited TDS on 10th of July 2014 for the deduction made on 30th June Interest is to be charged @ 1.5% for part of themonth. Why should i pay interest for 2 months though delay is for less than 30days Please solve this query

as per it amendment how much amount can be deducted as unabsorbed dep. and how long it can be carry forward

c.a. is a very tuff course and i can attend college daily and in b.com honors i need to attend college daily!so should i pursue b.com regular?

Tax rebate u/s 87A is applicable to F.Y.2014-15. please clarify

Hello Experts,
i have filed my 2012-2013 taxes before time (31st july 2013). But i missed to declare some capital gain due to some issues. I want to revise my tax. Can i do it now?
I found someone telling me that i cant revise tax under section 139(5) if my previous year return was approved in assessment by AO.
Can someone please guide on the process?
Also for a foreign stock thats not listed in india, is their a difference between long term and short term gain? Or i have to pay flat 20% on capital gain?

thanks
sunil

When we need to use ITR-2 and ITR-3?

i want to ask that after amendment in F.A.2012 which states that software expense will be treated as royalty, does we should capitalise that expense or charge it to the P&L acc.?

Individual earned income from F&O business approx 80 L besides his other incomes (Salary 57L + others 50K) . Will it require tax audit for filing income tax return for the year 2013-14. pls. advise.

Thanks

ca is a working in ca firm as a employee,tds not deducted by employer, my queri is income consider as a salary income or profession income.