Member (Account Deleted)
13 August 2012 at 23:06
What is the difference between calculation of Total Income and computation of income on presumptive basis? Why those two are different for an individual tax payer(sole proprietor)?
sureshselva
13 August 2012 at 17:54
Sir
Need knowledge on Black money
What is the punishment if person have black money ie more than 2 lakhs.
GAURAV
12 August 2012 at 22:52
Sir, If I purchase property in the name of my minor son, will it be treated as benami.
munish
12 August 2012 at 12:24
Can anyone tell me that is huf coparcener take cash from huf of Rs : 2 lac and returned money after 3 months to huf. Is it violation of 269SS and 269T ? If no any citation.
pooja dedhia
11 August 2012 at 23:47
In trading business,frequently it that on purchase of bulk quantity seller of product gives the discount.
sometimes this discount is calculated on the basis of turnover of purchase booked and purchased during the financial year. Even purchase has also no pre idea about it?
How to calculate the cost of the product?
how to recognized discount on purchase in books of accounts?
munish
11 August 2012 at 21:41
I WISH TO DISALLOW INTEREST EXPENDITURE IN TUNE OF SURPLUS MONEY ( CASH IN HAND ) , CASH NOT UTILIZED FOR ANY PURPOSE BUT INTEREST PAID TO BANK. CAN ANYONE TELL ME IN WHICH SECTION I DISALLOW INTEREST AND CAN IT MENTIONED IN 3CB.
hetalsangoi
11 August 2012 at 21:12
when buyer of flat making payment towards purchase consideration of flat to builders, is it require to deduct tax and then make to payment?
if yes from which date is it applicable?
gopalaswamyb
11 August 2012 at 08:27
Earlier the stamp duty or tax for the partition deal was Rs 10,000/- irrespective of the value of the property if it is with in the blood relation. prior to this it was nil . what is the latest ruling
Whether A partition deal which was drafted during 1996 and enjoyed by the individuals till date has to be redone after probation when the conditions in the will is not altered
what does the law says. in the case of Tamilnadu pl guide
Member (Account Deleted)
10 August 2012 at 09:18
I am working as a full-time Co. Secy. in a Ltd. Company on contractual basis and I am drawing monthly professional basis.Organisation is deducting TDS against my fees.Will it be necessary for me to obtain registration under the Service Tax Act?
© 2026 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
Property sale purchase clarification
Sir, I have sold my agricultural land & now I want to purchase house & agricultural land with that money. I want to seek guidance/clarification for the following points:-
1. The amount received is income tax free or not?
2. Is there any rule that if I don't purchase land within some time limit then the said Principle amount will become taxable after expiry of that specified period.
3. If with that money I purchase land in the name of my wife or minor children , Is it legal or not?
4. Can I gift this amount to my wife by simply transferring the said amount in her bank a/c from my bank a/c. or some gift deed type documentation is required for the same?