Income Tax QnA - Page No 13906

All Resolved Open

Anonymous

29 March 2013 at 23:02

Capital gain

If i am living in a building and if Government gives us a flat in a new building by taking our old flats WITHOUT Consideration than does it attract Capital Gain????

Akhilesh Somani

29 March 2013 at 22:12

A factory working time is 8am to 4.30 pm I.e. 8.30 hrs and 0.30 hr gives for lunch time ( necessary as per sec 55 of the factories act 1948) . My query 0.30 hr is include in working hrs or not for overtime cacilation ?

SUNNY

29 March 2013 at 22:05

Foreign debtors

I have foreign debtors & creditors on 31st march i just want to ask that whether unrealised foreign exchange loss or gain on balances of debtors & creditors are taxable under income tax act.

Anonymous

29 March 2013 at 21:51

Layers of tcp and ip

please explain the functioning of 4 layers of tcp ip?

Anonymous

29 March 2013 at 21:42

Various terms

please explain the following terms:
a.) middleware
b.)ftp
c.)ooui
d.)BULL WHIP EFFECT
E.) logical schema

CA Gyati Gupta

29 March 2013 at 21:38

Open source application

what are open source applications?

CA Gyati Gupta

29 March 2013 at 21:31

Multi confusion

what is the diffrence between multi tasking ,multi programming and multi threading?

Rajesh Swaminathan

29 March 2013 at 21:30

Remuneration to partner

whether remuneration to partner is liable to service tax under reverse charge mechanism

Raghav

29 March 2013 at 21:13

Section 80c

Dear Sir,

I have a insurance policy where the sum assured is 3.30 Lakhs.I purchased this policy in March 2013. The total tenure of policy is of 12 years but I have to pay premium only for 7 years which is amount of Rs 49,400/- anually. Can i get the exemption of the premium in FY 2012-13 as my accounts person saying that premium is more than 10% of sum assured than I can not the get the tax benefit.

Kindly suggest me the same.

Anonymous

29 March 2013 at 21:08

Appointment of non executive director

What are the formalities to be followed for apppointment of a non executive director of a pvt ltd company if the same person is already a director of the company. Do I need to file a form 32 or a board resolution will be enough?