Greetings from Kakei

Sir,
I have a residential land in my name purchased in the year 1993.Now I want to sale it and purchase another land using this consideration.
1. What will be the LTCG amount?
2. Should I invest total sale considerations
for the new purchase in order to avail full exemption from LTCG Tax or only the LTCG amt.
3.What is the time limit within which i should purchase the new one to avail exemption.

Thank you Sir.

while filing ITR-2, I have Two head of income (commission and stipend ) as income from other sources, only one cell is provided for these two. do i need to specify that two differently since

while filing ITR-2
what to write in Designation of Assessing Officer (Ward / Circle) , means how to get the same .

Can Short Term Capital Gain be set off against Business Loss? If yes, mention the enactment date
of coming into effect.

A pvt ltd co. purcahsed a car in cash. At the same time it paid the insurance amount Rs. 20567 in cash. My query is as to the amount of insurance i.e. whether the same is allowable or not???????????

Higher TDS (20%) on specified payments for non furnishing of Permanent Account number of payee.

The above is applicable from 01.04.09 or 01.04.10?

Halo Sir/Mam,

A Private company in which i m auditing is using the House Property of the Directors & in return the company is paying all the maintenance charges of the property in lieu of Rent.

So company is not paying any rent to the Directors but it is paying all maintenance charges of property.

Pls. help with a Case study,if possible, whether it is legal or it will be disallowed.
Thanks

SIR I AM WORKING IN CEMENT INDUSTRIES IN APDHRAPRADESH I PREPARE TURNOVER & ERI IN EXCELL I WANT TURNOVER & ER1 EXCELL FORMENTS


THANKING SIR

MURALI

MY client is a company assessee and hav reimburse expenses to a person who is not an employee of the assessee for travelling foreign and these expenses are incurred for the purchase of goods for the assessee whether these expenditure are allowed under Income Tax Act 1961 (Fully or Partly) Please specify the section under which it is allowed.....



Make me clear that as these expenses are incurred for foreign travelling and for a person who is not an employee of the assessee.........

Please Post your valuable suggetions as Earlier as possible........

Sir,

A Manufacturing company ( Engineering Product), purchases from Local Registered Dealers instruction Manual accompanied with the product sold. The product is not marketable without the manual.The Manual is not seperately charged. Can the Company eligible for claiming Input Credit under TNVAT Act.

Advance Thanks,

Manikandan.A.V