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srinivas   05 November 2008 at 22:38

Computation of capital gains on sale of flats

Mr.X being the owner of land has entered into a Joint Development Agreement in oct.2007. His share in the developed property is 8 units. He has purchased the property in 2004 May. He wants to retain 2 units and sell the remaining 6 units.

What is the date to be taken for calculation of capital gains?

whether it is a short term or long term capital gain If Mr. X sells his property now(NOV.2008)?

Whether the date of the joint development agreement or date of registration of flats to be taken for the purpose of computation of capital gains?

Senguttuvan K   28 October 2008 at 09:40

VRS - Is pre approval from IT required

Is pre-approval from Commissioner of Income Tax is done away or still exist?

Which is the provision / notification / ciruclar supports your answer.

Thanks in advance

Senguttuvan

vishwanath   24 October 2008 at 00:12

Karnataka Special Entry Tax

S. Krishnamoorthy   22 October 2008 at 19:10

Service tax on postage franked

Postage is defined in Indian Post Office Act as "duty for transmission of mail by the Postal Department". Just like Customs Duty. Is Service Tax due on postage?
S. Krishnamoorthy

S. Krishnamoorthy   22 October 2008 at 19:09

Service tax on postage franked

Postage is defined in Indian Post Office Act as "duty for transmission of mail by the Postal Department". Just like Customs Duty. Is Service Tax due on postage?
S. Krishnamoorthy

Pardeep jagdeva   22 October 2008 at 01:23

Writ petition

I Want to file a writ petition against the tax department for claim the reward amount (Which is 10% of the total Tax gain on the recovered amount by the department) to the informer Que-1.How I calculate the reward amount which i want to claim ? please give example. Que-2. To whom I will have make the necessory party. (The matter is of the Delhi)

V V SATYANARAYANA   18 October 2008 at 16:45

Status of S.L.P. filed by State Govt. of A.P. & also State Govt. of Jharkhand re. entry Tax.

Sirs,

Recently High Court of Andhra Pradesh stuck down the Entry Tax on Entry of Goods into Local Areas Act, 2001 imposed by the Govt. of Andhra Pradesh in the case of Shree Rayalaseema

and also

High Court of Jharkhand has stuck down imposition of Entry Tax on goods entering into local area (the tax charged by State govt. of Jharkhand) in the case of Tata Steel Ltd. vs. State of Jharkhand.

I understand in both the cases the respective State Governments have filed S.L.P. in Supreme court.

Can learned friends guide me with the present status where the S.L.Ps are admitted by the S.C. or any stay is granted by S.C.

Regards.

V.V.Satyanarayana

VASANTH D JAGANATH   18 October 2008 at 12:40

Rate of Tax under Kar.VAT

Dear Experts,

What is the rate of tax for coconut husk under KVAT Law

Kindly give the reference also.

Thanks & Regards

VASANTH D JAGANATH   18 October 2008 at 12:39

Rate of Tax under Kar.VAT

Dear Experts,

Pardeep jagdeva   16 October 2008 at 14:17

Writ petition

I am filling a writ to recover the award amount of the informer(which is 10% of the total tax assesed by the tax department from the total recovery)