pls tell me while calculating managerial remuneration under companies act, 1956 we disallow all the provisions na or some r allowed as there is some real problem relating to a company and some person is saying provision for bonus and gratuity is allowed but as we have studied in IPCC , all provisions are disallowed
I had made agreement with builder on Dec-2006 for under construction flat and got possession of my flat in July-2009. Registration of flat was done on Oct-2008. I know if you sell your house after three years and within five years of buying it, all the tax deductions on Principal will be reversed and included in the income in the year of sell. While considering the 5 years criteria, which date one should consider (Agreement date with builder or registration date or flat possession date)?
If in my 80C sum of other investment (insurance premium, PF, EPF etc) is more than one lakh, in that case will my housing loan principal will be added to my income while selling house under 5 years criteria of long term capital gain?
I am registered dealer in Kanpur, Uttar Pradesh and I have a customer in Roorkee in Uttarkhand who want to purchase from us. One of our supplier in Delhi and I want to deliver the material directly from Delhi to Uttarkhand.Can it will treat as E1-C sale ? If yes then please clear me that who issue the E1 and C form and also Road Permit form and if the location Lucknow, Uttar Pradesh instead of Roorkee, Uttarakhand then it is E1-C sale?
Please confirm me whether an employee can claim LTA in his personal return where he forgot to submit the claim for LTA to his employer and employer had not allowed it?
Please reply me
I am registered dealer in Kanpur, Uttar Pradesh and I have a customer in Roorkee in Uttarkhand who want to purchase from us. One of our supplier in Delhi and I want to deliver the material directly from Delhi to Uttarkhand.Can it will treat as E1-C sale ? If yes then please clear me that who issue the E1 and C form and also Road Permit form and if the location Lucknow, Uttar Pradesh instead of Roorkee, Uttarakhand then it is E1-C sale?
Hi,
Could you please explain me the income tax treatment of interest income received from parent company company in the hands of subsidary.Parent company is a bank and the subsidary is an insurance company acquired by the parent company.Subsidary is holding bank account with the parent company which is a bank.
A compensation received by a wife on behalf of his husband due to his death. Husband is 50% Tenant of a flat which is on Paghdi System. Now tenants are leaving the place and the landlord is paying the compensation. I just wanted to know whether the amount recd by wife (on account of husband)is taxable or not. whether this is surrender of tenancy rights or not? if yes,than whether surrender of tenancy rights is taxable or not.
Is it possible to get solutions for unsolved questions of ICAI module for subjects like financial reporting and sfm??
Is it mandatory to file income tax return with digital signature if income exceeds
Rs. 5.00 Lacs?
If yes, please give notification no.
Thanks
i wish to purchase a residential flat in name of myself & wife , the purchase value will be
60 lacs.
secondly we wish to sell :---
(1) a residential plot ( in name of myself & wife )for 18 lacs, jointly purchased in june 2008 for 7.5 lacs.
2)a residential plot for 20 lacs,purchased in April 2011 for 11.5 lacs ( in name of my wife only).
pl suggest what will be the capital gain tax on each of us seperately & advice whether we can sell the above two properties after registration of new flat
but within one year .
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Managerial remuneration