Answer Posted / sindujaramkumar

long term capital gain:
long term capitalasset are those which are held for more
than 36 months preceeding the date of transfer in case of
non financial asset like land,building etc


financial assets: in case of this the asset should held for
more than 12 months months preceeding the date of
transfer.it includes security,shares and bonds.
the gain which arises from this is called the long term
capital gain.

short term capital gain:

short term capital asset are those which is less than 36
months in case of non financial asset and less than 12
months in case of financial asset the gain which arises
from this is called short term cap gain

Can I know the full description about capital and revenue in nature? and also the expenses that allowed for tax and not allowed for tax?

1884

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if i the vendor is providing us some printing material & they issue a bill of printing with including Vat so what can i deduct TDS ?

1962

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We are a UK company selling electronic s/w licenses to customer in India. We have a PAN Number. Why is TDS being deducted on a product? Why is TDS calculated on the invoice value - surely it is supposed to be on Income and not Turnover? What is the correct TDS % deduction?

1830

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IF I HAVE PAY COMMISSION TO LOCAL AGENT RS-5000 THEN HOW MUCH I WILL DEDUCT TDS & IS PAN CARD REQUIRE

6775

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HOW TO CALCULATE PF, ESI, VAT, SALES TAX ETC.,

2567

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What is the procedure to intimate Change Name of Business in maharashtra Vat Act, which form to be fill.

2879

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Dear Sir, I am working in account department. I want to know, Why service tax rate is change in every type of service. For Example - Rent Bill Service Tax Rate - 10.30% Taxi Bill - Service Tax Rate - 4.12% Why it change

1973

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What is the Rate of Service tax for Short term accommodation services & Restaurant Services ?

2580

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Tell about dvat and dvat rate

3104

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over all details about tax what is mean by headge fund and detail explanation?

2191

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We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds

2210

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Hi, Is there limit of applicablity of excise payment for any orgnization...?? what is date of excise payment..?? Excise return date & what procedure & how to take benifit availing service tax in excise return..? What form reuire for Excise Return..??

3660

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What is the WCT percentage under which the amount is being deducted in Punjab. Under what Notification and dated when???????????. Serious Senor I need the answer other wise I would not have posed this question; Please send the answer to the mail address.

2591

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What are allowable and dis-allowable expenditure?

1156

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Dear Sir, we have purchased Poly Covers ( 360mm x 560mm)for raw material use.This Input vat claim it or not ?

2189

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