Sashi Kumar
09 January 2015 at 07:45
Hi Experts,
My sister had acquired a property in 2000 for 2 lac and now she is gifting the property to me for no consideration. The current value is 30 Lac.
1.)Does my sister have to pay any capital tax?
2.)If I sell the property before 36 months of getting the gift deed will I fall in 20% tax bracket or 30% tax bracket.
vijay
08 January 2015 at 22:32
Is dervice tax deductible on the rocessing fees of unsecured personal loan by regeistered money lender and is service tax also applicable on the interest earned on the same loan given??
Your reply will be highly appreciated.
sukhjinder singh
08 January 2015 at 21:51
sir, i am govt employee. I received my salary of Jan and Feb 2013 in may 2014. Now in this financial year 2014-15. i have to pay the income tax of 14 months. Kindly guide me how can i calculate the tax of Jan and Feb 2013 and 2014-15. Kindly give me suggestion.
sushanth
07 January 2015 at 18:37
hi one of the client had incured expenses on Delhi premises , but the tax invoice is billed for Mumbai premises , and MVAT is charged in Bill, now my query is can we take that as input credit for mumbai?????
ramakrishna.r.b
07 January 2015 at 08:24
Dear All Experts,
HAPPY NEW YEAR 2015 TO ALL OF YOU.
My mother has got SELF-ACQUIRED Property in her name as she has purchased that property. She died INTESTATE in the year 1996. My father expired before my mother expired in the year 1994. Now we are selling her self-acquired Property. The problem now is the right of share in my mothers property. We are 6 children to my mother, 3 daughters and 3 sons. all are married.
2nd DAUGHTER (of my mother) DIED in the year 1999 AFTER MY MOTHERS DEATH AND SHE HAS GOT 2 MALE CHILDREN and her husband only. Her First Son got married and he has got a kid. When we sell our mothers Property the sale proceeds should be distributed equally for all children.
Will my mothers 2 Daughter stated above who died after my mothers death also gets a share ? As the Hindu Sucession Act says only about pre-deceased and not POST DECEASED.
If my mothers 2nd Daughter gets a share, then how that particular share has to be distributed among their family members ?
Please give me proper advice as we have to distribute the sale proceeds when the sale takes place in couple of days.
regards
Sashi Kumar
07 January 2015 at 03:49
Hi Experts,
My Mother is selling her property and the funds will be given to her son's through demand draft by the buyer directly which will be mentioned on the sale deed.
After sale who will be responsible to pay the capital gain tax because the mother will not be receiving the money.
Will the mother has to pay capital gain tax or can the responsibility to pay tax be transferred to Son's. Because Son's want to reinvest the money within 2 years of sale.
Shamsul Arfeen
07 January 2015 at 01:32
Dear all
we have just started a manpower consultancy, even not completed 1 yr.
To whom we are providing services,they paid us after deducting TDS(10%).
Exactly i don't wanted to pay anymore in the name of TDS to the govt.
We have just started the Company with very small amount of Capital.
we are sole proprietorship.
what should i take step plz guide??????
sreedhar musipetla
05 January 2015 at 22:04
whether parking areas in a commercial complex constructed under development agreement from Agreement-cum-GPA is amenable for taxation (capital gains) or value of car parking area cannot be assessed for assessing capital gain for owner of property?
© 2026 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
Chartered acccountant in practice
Good afternoon sir........my query is can a chartered accountant in practice practice as an advocate.....If yes what is the procedure to get the bar council no. please reply...