Anonymous
19 July 2011 at 17:22
I had purchased a flat in my (I am daughter) and my mother's name ~2 years ago (in Chennai).
After 1.5 years passed, she wished to relinquish her right to the property, being of elderly age.
So we were advised to prepare a Settlement Deed and have it registered to transfer right to my name, which we did earlier this year.
I am occupying the said property along with my family.
The Settlement Deed mentions the partial (market) value of the property in the last para.
What are the tax implications for me with regards to this amount?
jitendra
18 July 2011 at 16:39
Hello!
Kindly let me know whether
ST paid on outward freight for movement from factory to customer vide courier is eligible for credit?
Vijay Kumar
16 July 2011 at 19:21
A medical college student is receiving stipend along with studies.
Whether stipend is liable to tax?
Sharad Kumar
16 July 2011 at 17:45
i want to know the new commodity code for u.p.vat act
Anonymous
16 July 2011 at 12:43
Dear Sir
I am living in a small flat under Kolkata Municipal Corporation owned by me and my wife. I am ex service man.I want to know wheather there is any provision under any rules to get 25% exemption in property tax for ex service man under kolkata Municipal Corporation ?. In govt. of west bengal web site wbwcdsw.gov.in it is mentioned “25% Municipal Tax exempted by State Govt to all ex-servicemen.”
Kindly advise.
SRINIVAS LANKA
16 July 2011 at 10:24
WILLBILL / ROAD PERMIT IS REQUIRE FOR CENTRL EXCISE COMMODITY IN ANDHRAPRADESH VAT ACT ? IF RULE IS THERE KINDLY SEND THE COPY. kINDLY DO THE NEEDFUL
wallpaper girls, utorrent
snpathak
16 July 2011 at 07:37
i have filed my return for a.y 2010-2011 timely on 30/09/2010 and assessed u/s 143(1) of the i.t.act1961.can i revise my income tax return .
puru
15 July 2011 at 08:44
when a resident remits any amount to a foreign client in his usual course of business say for fair stall rent will TDS will be applicable.? what will be the treatment when the NRI belongs to acountry which has DTAA with india. how to ascertain that NRI to whom amount is being remitted is a company or not. moreover if resident remitting the money has shown the expense in his P & loss account will TDS be attracted.
jainendra sharma
13 July 2011 at 19:11
sir,
i want to know that if we have purchased any goods with tax invoice and vat applicable on such goods and the goods capitalized in the firm. so how can we adjust vat liabilities in such case. can i claimed the input vat liabilities from such goods.
what is the procedure and which entry passed in such case ?
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Long Term Capital Gain Tax
I have sold a flat at less than government rate after 11 years of purchase.
I had to sell due to some emergency expenses.
The Stamp Duty is accepted by the registrar and paid at the sale price.
I want to pay Long Term Capital Gain Tax.
"As per section 50C(3)"
Thus, sub-section 3 of section 50C of the Act would mean that if the value ascertained by Valuation Officer exceeds the stamp value; the value adopted for computation of capital gains, the stamp value alone would be adopted.
Please confirm that I should consider stamp duty value to compute the LTCG Tax