i had sold a residential property owned by me and had
received proceeds of sales of said property by cheque but at
present i am unable to purchase new residential property and
the money is lying with me ideal in my bank account can i
invest that ideal amount for period till 1 year or upto 1.5
yr till i purchase new residential house. what will be
income tax treatment for the ideal amt invested in some else
for time being and not purchased a new residential house.
Answer / xyz
The amount can be deposited in certain reserve which is
created for this purpose till the new house is purchased.
If deposit is made in specific reserve then no tax.
Is This Answer Correct ? | 2 Yes | 0 No |
Parties from where we can deduct TDS in a manufacturing company?
Can CST credit be claimed on CST paid? Is there a concept like Cenvat credit in CST just like in VAT?
what is the journal entry for sales on discont. what is the journal entry for purchase on diicount.
which is the Due date of Challan & return filing dates of VAT,PF,PT,ESI,TDS,Service TAx and IT in Uttarakhand.
In stock market,how calculate the broakrage and what is the STT ,and what is the gap and opening i don't about it plz give me right answer.
what is assessment year and previous year ?
50 Answers Bank Exams, Chartered Accountant, ICICI, SSC, TATA,
As I am an Individual person doing jobwork with a company name x. After doing jobwork I am going to sale the shoes in local market. Please tell what is the tax % I have to take. Whether 4% or 12.5%.
How to Claim Cenvat Credit.
i ask to i am deposit tds for cash yes / no please tell me
which form is used for Monthly VAT Deposit into sale tax office in gurgaon, and what is last date of deposit of VAT
At present what is the rate of excise duty on sale of Weigh Bridge Machinery to out of state from Karnataka.
What is excise & service tax?