When does a firm become liable to start deducting the TDS from the bill of vendor & start the depositing the same to gvernment & minimum limit when it should apply for TAN No?

I purchased a plot of land in 1979, built a house in 1980 with corporation approved plan. In 2008, I constructed additional living space, also with corporation approved plan.

I have record for the purchase of the plot, but the record for the house construction in 1980 and 2008 has been lost.

I have obtained a valuation report from an IT department approved building valuer for the cost of the building as at 1980 and the additional cost as at 2008.

1) Will IT department accept calculation of capital gain in my ITR2 based on the cost taken from the valuation report?

2) Should I attach the valuation report with my ITR2 or produce it only when asked for?

3) If calculation based on valuation report is not acceptable, what course of action do you recommend in my case?

Thanks and regards,

Moorthy

respected all

if assessee transfer goods n stock transfer basic in himachal pardesh..
can he avail 100 % input tax credit vat paid on local purchase in h.p
yes or no?

thanks

m non commerce graduate and i have registered for IPCC i want to is it compalsory to undergo ITT and ORIENTATTION TRAINING before joining articleship or i can join for articleship directly?

Employee has received PF when she left her job and her service was less than 5years. The amount can be divided in four parts
1. her contribution 2. interest on her contribution 3. employers contribution 4. interest on employers contribution.

I think her contribution is exempt but under which section?

Employers contribution and interest on that would be salary and interest on her contribution will be other sources.

Pl. give relevant section rules I found rule 8 part A of forth schedule. But I could not found details of how to charge and under what head.

Pl. advice

sir,
I already completed 2.3 yr of my C.A. Article ship from C.A. firm.

But Now,I want to do Regular M.B.A program
So, tell me how can i put C.A. on Hold or

There is some other procedure, so that i can give my c.a. final examination while doing M.B.A. ?

Dear All,
Can Sole proprietor cash amount Rs. 25 lac transfer to one sole concern to another sole proprietor concern.

in this case sec. 40(a ) 3 apply or not.

When Rs 4,00,000/- profit has been determine U/S 44AD on a turnover of 40 Lakhs which is more than 8% for Ay 2013-14 than which form no ITR to be filed?

ITR form require to give details of P & L & Balance sheet in case profit exceed Rs 1,20,000/- but in this case books of accounts have not been maintained. How can i provide this details?

Pls inform whether these details are require to be filled in the ITR form or not?

Dear Sir,

I am facing some problem in calculation for interest u/s 234 ABC.

Data is as follows:
Data of a Senior Citizen person, Male
Net Income after deductions: Rs.686000
As per this my tax lia arises: Rs 64066
I have not deposited any Advance tax.
My tds deduction is Rs. 44830.
I have deposited self assessment tax on 30th may Rs 12000.

I have calculated interest u/s 234B- Rs.550
234C- Rs. 711.
Balance tax to be paid is Rs. 8490.
Pls advice the correct calculation with computation.
Thanks in advance

Sir

If i am an individual as well as prop. of a firm than please tell me what is my last date to submit Income Tax Return .


Thanks & Rgds

Mukesh Kumar