Interested to Buy Any Domain ? << Click Here >> for more details...
My client was sold his residencial flat before few days
they will not decide investment in another residential flat
what can he invest the money without any tax liability? Can
he open capital gain account and will he invest in resident
plot in future ? what will exact planning?
- 2 Answers
- 4311 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / neeraj gulati
There is provision in the Income Tax Act, to make the
capital gain tax free which arises from the sales of a
residential house by an Individual or hindu undivided
family. But the house that is sold should be hold for more
than 36 months by the real owner.They can purchase another
residential house before one year of sale of that house or
after two years if purchased and three years if
constructed. Thsy have to opened a capital gain account and
deposit capital gain there.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / for accontant
no, he will not invest in resident plot in futer.
| Is This Answer Correct ? | 0 Yes | 0 No |
if we are purchase in 4% vat tax than can we deduct tds
calculation of Tds on subcontractor
If i want to change a proprietor concern yo a partnership concern. do i have to pay full tax on every product i have in stock or just simple make a partnership deed and apply a new pan card and register in sale tax department ?
SELLER A : has a w/house in chennai and bangalore both and the BUYER B is based in chennai. SELLER A carries stock in both the locations. Can BUYER B buy who is based in Chennai request purchase from Bangalore through C-form .. and if so will there be any obligation on the Seller A
what is bank reconcillation statment,balance sheet,thumb rules of accounts,depreciation?
I am running a small business under labour charges. I purchase raw material paying tax. I do not have a tin no. In that case kindly advise How to file IT returns of my company and whether I can claim tax refund.
How can we treat sales to Nepal by road. Is it treated as Export ? What are the supporting documents presented to Commercial Taxes Office
How can adjust income tax with TDS???
Pass a entry for salary payment basic 5000, HRA 3000, Medical 200, TDS 500 Adv 200 & deducted PF with narration.
what is modvat and cenvat
what is Input and Output
ANY differenece between income tax and tds
Audit 
