A house was purchased in 1980.Due to non-delivery of the same by the seller the assessee could'nt occupy it.Assessee bought it in the name of his wife, who is not an assessee.

A petition was filed which took many years to get it decided.Registration Charges were paid to the court in 1982.

Now, in the year 2006, dec. the verdict was in favour of the assessee asking him to get it registered.

Upon sale will it be a Short Term or a Long Term Capital Gain, if it is sold in Jan.2007

pavan kumar.
visakhapatnam.

Can someone help me out with the calculation of deferred tax.If someone could help me out in preparation of deferred Tax sheet with formulae in Excel?

A public charitable trust was formed in 2003 and registered with the sub-registrar. The trust has property. It has not registered itself under the Income Tax Act. Now that the deadline 31st May is over what will be the position of the trust.

I am CA final student. I have an Query About tax on Non-Listed Securities. I want to know the applicable Tax Rate for LTCG/STCG.and pls also give refereance book/material.

I am CA Final Student. I have an Query About Capital Gain on Non-Listed Shares.I want to What are the Rate applicable on it 10% or 20% for STCG/LTCG and it can avail option 1(10%) or option 2(20). Please give me the referance Material/Book also.

Is C.A. Degree qualified or eligible 4 CET exams and any MBA Entrance exams????

if any Chartered Accountant has not any Graduate Degree and if he wants 2 do MBA course, can he do so???? If yes from which institutions.?????

i m current student of PE2. I have passed my PE1 exam with scoring 238/400. but at that time i have done coaching classes. but I have not done coaching classes for PE2???
and I m very confused about my study. my exam will in November,07.
please guide me how 2 plan???
please guide me how 2 study???
tell me the material which is best 4 me..

i will be faithful 2 u if u help me.....

1.Suppose I am having two house properties at different places out of which one I will occupy for self and In another My parents stay ( native place). Can I claim one which I tay as self occupied ant the other as deemed self occupied.

2.In another case Mr X stays in one potion of his own house and another portion gives for lease for 3 years. What is the treatment. (he is not getting monthly rent)

Murulidhara.S

I bought a house plot & registered it on 10-06-2003 and sold the plot. The full settlement is received on 15-06-2006 and registration is completed on 28-06-2006. I am taking it as a L.T. capital asset for Exemption purpose. Is it correct as per the I.T. Act. Pl. clarify

Thanks
R.Devadass

please confirm the date of issuance of FOrm NO. 16A & 16. Whether it is 30th April, 07 June of 15 June