sir i need check list of hotel industries

Sir,

I have purchase property for Rs. 5 Lac in Nov'2000, Today the market value of property is Rs.20 lac. At Present I am residing on Rental basis in Delhi.

Now, would like to sell the property and the same amount will not to be invested in other Property.

I want to know that I am liable to pay capital gain from the property or its exempt from tax.

Pls give me your valuable advice.

Regards

Baljinder Singh

Hello Everybody

I am Balaji working in Muscat for the past 1.5 yrs
I am also doing my CA Final & going to appear in this Nov 07.
Is that possible to come back to India now for settle in India or i must come after completing my CA.
If it is possible to settle in India now
can any one help me in this regard

Thanks & Regards

Balaji Sarangarajan

Weather DVAT form 55 Relating to change i the return period is mandatory. WE have last year new registration done and filed all quaterly returns. now the return period as per law shifts from quaterly to half yearly due to the turnover last year was below 50 lakhs. what is the return period for fy 07-08.

I have a property in minor name and have pAn allotted and income is clubbed with his parents. The rent received is more than 8 lakhs pa. Weather to apply for service tax in the name of minor or with that of parents. Since Income is clubbed as per ITax Act No such provision under service Tax. How to show his St returns if clubbed with that of his parents.

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we want to querry that , we are having one partnership unit and we want to setup a Unit-II in same name and same partnership structure.

Will these two units be assesed as one unit in income tax and all depriciation ,Fringe benefit Tax and exemptions will be calculated for combined entity .

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Plz clarify me the exclusion & inclusion of certian period for computing(captal gain) the period of holding of an asset.[Explanation 1(i) to sec 2(42A)].

Thanks

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