Anonymous
24 December 2010 at 15:16
Unaudited partnership firm return of income prepared in paper format i.e, ITR 5 for submiting to AO.
AO refused to accept the paper return and asked to efile the same as ITR 5 is to efile mandatorily.
Kindly guide me, is unaudited ITR 5 to efile?
Anonymous
24 December 2010 at 14:45
Dear Members,
I m a practising CA and now i wish to pursue my career in Direct tax . So i want to pursue a course in law. I m from bangalore. It would be gud if i can get members valuable guidance in this regard.
Thanks in advance
Tejashwini
Anonymous
24 December 2010 at 12:41
Gd Mrg..
R sirs my querry is my client had proprietorship business but he was die on 02-03-2010 His single major son want to file incom tax return of F Y 2008-09,2009-10.
Q.Can son sign on it?
Q.Procedure of Transfer Balance Sheet data to Son a/c?
Thanx..
Anonymous
23 December 2010 at 21:59
NEED HELP TO FORM AN AOP FOR SOCIAL PURPOSE ON A NON PROFIT BASIS, TO RUN AN AMBULANCE, AND OTHER SOCIAL NON PROFIT ACTIVITIES.
Anonymous
23 December 2010 at 15:32
Please tell me whether there will be tax in the hand of trust when it distribute its property to its beneficiaries at the time of winding up
if yes or No why ? please quote reason of the basis of your answer
Thanks with regards
prithwish sengupta
23 December 2010 at 11:53
1) can a person take a loan / deposit through
core banking system (c.b.s.)??
2) will it attract section 269ss if a person directly deposit cash into assesse's bank a/c as loan or deposit??
3) can a person make a payment of loan/ deposit through cash in cbs system and whether it attaract section 269T??
please refer decided case laws if any
thanking you.
Anonymous
22 December 2010 at 18:03
whether credit for vat paid on capital goods under mvat is allowed or not?
Anonymous
22 December 2010 at 13:13
Please tell me
At the time of winding up of a family trust it distribute its property to its beneficiaries will attract ant tax in the hand of trust
NITIN PUROHIT
21 December 2010 at 20:09
Dear Mr. Vijayan first make a gift deed for tha same property. in that case sec. 41 (1) WOULD NOT BE ATTRACTED. if IT is transferred within 1 year as the son received it IN THAT CASE the short term capital gain would be attracted instead of long term capital gain. cost of acquision would be zero in the hands of son. So calculate the tax as per long term and short term in both conditions.
capital gain tax on selling of inherited property
sir,
after my father's death,me,my mother & brother are the legal heir of my father's house.we want to sell the ground floor of the property.municipality mutation is in our name i.e. me,mother & brother.
i am planning to buy a new flat in my name with the proceedings of the sale.but i will be required to use my mother's & brother's amount of share for purchasing the new flat.My question is how my brother & mother will give me their share of amount for purchasing of new flat?what is the procedure?
what will be the capital gain tax incase of my mother & brother?