Taxation queries [Resolved] [554]

TS Bhatia 09 September 2008 at 09:34

capital gains tax

What is capital gains tax and how it is calculted ?

Continue

TS Bhatia 09 September 2008 at 09:23

HRA tax exeption

What is the procedure for getting exemption for deduction of income tax from HRA ?
How is calculation done ?

Continue

dasd 07 September 2008 at 00:15

agricultural land--urban or rural

whether there is any source (website etc)from where can i know whether a particular land is rural agricultural land+urban agricultural land.

there is any other certifying authority to certify legally that a particular land is rural or urban?

property is located at nagpur?...pls help

Continue

bishan singh negi 06 September 2008 at 16:01

exempteed area

hi,
forum could you please tell me what is the process of creating a manufacturing company in tax exempteed area in baddi Himachal Pradesh, and Ruderpur In Utteranchal. or here is any advocate is who is doing this in above mentioned areas,

Thanks with regard,
waiting for your reply as iam urgent need of this information,

Continue

TS Bhatia 05 September 2008 at 11:14

income tax exemption on house loan

Sir,
How is income tax exempted on house loan?
How the calculation is done ?

Continue

dasd 02 September 2008 at 10:08

PESIONS OR ULIP

INVESTED IN FUTURE PLUS RS 10000/- IN 2005-06 RECD 13589 RS IN 08-09 THEN WHETHER THE ABOVE LIC FUTURE PLUS WILL BE TAXABLE AS PENSION UNDER THE HEAD OTHER SOURCES (I.E. 1/3-TAX FREE & BALANCE TAXABLE) OR CAPITAL GAINS (ULIPS)

Continue

mehul 01 September 2008 at 23:22

how to know the value of construction in 1990 for computation of LTCG tax on sale of residential house

The following is the transaction details:

a) My father purchased land in 1975 for Rs.x/- in joint names with my mother (i.e wife & husband)with his self earned money.
b)In 1990 he built a house of 3000 sft on the land he purchased in 1975 both names( wife and Husband)

My query is that I know the cost of land (COA-cost of acquasition)for the registered sale deed but I do not know the cost of construction for the house he constructed in 1990. There is no documentary proof bills for construction and imoprovement costs (COI-cost if improvement)thereafter.I only have the property tax receipts. How to compute LTCGT assuming i am selling the property in the assesement year 2008-2009 and how to arrive at COI is there a benchmark given or how do i value the construction cost in 1990 and improvement thereafter.Please guide me and inform which websites or information I can get myself. Or please cite example or case study or for the sub-registar officer or muncipal office

Continue

VASANTH D JAGANATH 01 September 2008 at 19:41

sale made to sez unit

'A' registered dealer in karnataka sale made to 'B' registered dealer in Tamil Nadu.

'A' made sale to 'B'. In trun 'B' is effecting sale of same goods to sez unit in other state against form - I

whether sale made by 'A' is eligible against Form-H sales, is there any provision where sale to sez will qualify as export zone

Continue

srikanth 01 September 2008 at 16:56

deferred tax liability

What is the difference between deferred tax asset and deferred tax liability.
Can any one tell me how to calculate deferred tax liability and how to create a provision for deferred tax in the financial statements.

Continue

javed ansari 01 September 2008 at 11:06

Service tax code

hi
A consultant is doing accounting of some companies.Can he pay service tax for acconting charges in Management consultant code 00440116.If accountancy code is separate kindly tell me.

Thanks

Continue