24 March 2011
Whether the deduction u/s 80ccf is only limited to Rs20,000.if there is no investment in 80ccc,ccd and the assessee invest only in long term infrastructure bonds of Rs1,20,000 then what is the amt of deduction he will get?
In capital Gains u/s 45(4) if there is no change in constitution of firm then also transfer of capital asset to thr retiring partner attract Capital gain in the hands of firm?
In a case where an immovable property is transferred by a firm to its partner, registration of the transfer document is reqd in order to effect such transfer and enable the partner to get a perfect title.in what context this statement is used whether in normal course of business or when Capital asset is t/f to retiring partner?
In case of assets acquired in any of the mode specified in sec 49(1) then from which period the benefit of indexation of COA is claimed?
CAclubindia
