Income Tax QnA - Page No 14006

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Ramya Mohan

14 March 2013 at 16:15

Capital gain u/s 54

A HAS SOLD HIS HOUSE PROPERTY FOR 93 LAKHS AND THE COST OF THE SAME IS 56 LAKHS. THE LONG TERM CAPITAL GAIN IN THIS TRANSACTION THEREBY IS ARRIVED AT 37 LAKHS. A HAS REPAID OUT OF THE TOTAL PROCEEDS A SUM OF 26 LAKHS TOWARDS THE HOUSING LOAN TAKEN.
QUESTIONS ARE:
WHETHER THE REPAYMENT OF LOAN WILL BE CONSIDERED AS AN INVESTMENT AS CONTEMPLATED U/S 54 AND THEREBY CAN HE AVAIL AN EXEMPTION UNDER THIS SECTION.

Anonymous

14 March 2013 at 16:10

Maths que

IF
11 = 20

14 = 31

44 = 40

19 = 42

Then 49 = ?

Please Give the Answer

shivani

14 March 2013 at 16:10

Black money and white money

sir,

can you explain me how can we convert black money into white money????

Sachin

14 March 2013 at 15:59

Service tax second qtr 2012-13

Sir,

KINDLY CONFIRM SERVICE TAX SECOND QTR LAST DATE RETURN AND ALSO PROVIDE ME ONLINE SERVICE TAX RETURN FORMET OF SECOND QTR

Anonymous

14 March 2013 at 15:57

Tds

if accured expense in month of june but intentionaly book it in books in december..(paid in january) then as a auditor how can i point on it

Anonymous

14 March 2013 at 15:51

Tds

hi everyone.
I want to know that when it is compulsory to deduct tds for partnership firm ?

praful

14 March 2013 at 15:49

80 c

Investment in AXIS Bank as a fixed deposit for 5 years is eligible for deduction u/s 80 C ?

Anonymous

14 March 2013 at 15:49

Why everyone busy in march

I know March is the year end....but why everyone is busy in march month...the assignments which are completed in the month of march can be completed later on too...then why there is rush in march everywhere?
Whether there are some specific assignments or entries in accounts which can be done in the month of March only?

Anonymous

14 March 2013 at 15:48

Saevice tax

Dear Sir,

Please send me sell tax notes for study purpose.

e-mail:- schoudhury85@gmail.com

With Regards

Sayantan

Anonymous

14 March 2013 at 15:44

Service tax on sale of flat in under construction

Kindly confirm how to collect the service tax i.e at what rate from customer who has booked a flat in under construction project under different situation

1) Agreement register before 01.04.2012 but flat cost is partly collected before 01.04.2012 & partly after 01.04.2012

2) Agreement register after 01.04.2012 but flat cost is partly collected before 01.04.2012 & partly after 01.04.2012

and also confirm if there is any notification on the same