Bloody Corrupted Politicians.... Shame on India....

Page no : 3

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 25 April 2011

maybe he has availed the provisions of sec 54F to build a new house within three years( too early for a 5 year win term) of his long term capital gains (encashment of post election achivements), provided he was in position of such capital assets for not less than OBE YEAR, as per sec........................ ( they will determine later on as per their convenience).

hey u smiled

1 Like

Upgrade to CAclubindia Pro. Subscribe Now!

Arniv Sharda (CA Final) (3006 Points)
Replied 25 April 2011

Originally posted by : Biswajit Ghosh
	Madhu its a great effort by u.. really marvallous job. iam really happy that peoples like Madhu in cci thinking for our country.. second independence war begins against corruption by ramdev&anna..

cheers

CA Madhukiran Reddy (CHARTERED ACCOUNTANT) (12714 Points)
Replied 26 April 2011

Originally posted by : U S Sharma
	maybe he has availed the provisions of sec 54F to build a new house within three years( too early for a 5 year win term) of his long term capital gains (encashment of post election achivements), provided he was in position of such capital assets for not less than OBE YEAR, as per sec........................ ( they will determine later on as per their convenience). hey u smiled

Hey Beautiful yaar......

We want these type of members who have extra ordinary talent in replying queries or posts

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 26 April 2011

what about the "non taxable gift of property received in advance occession on marrige of his son"? from non liner relatives (2G to 9G - bigggggggggggg waiting list of doners), we feel there is no such provision to tax such gifts taken on marrige in advance ......................

need reason to smile?