Answer / viss_in

Any profit on sale of a capital asset is Capital Gains. e.g
Profit (gains) on sale of a house.

Under Income tax act - these gains are classified as Short
term or Long term - depending on the period of the asset
for which the asset is held. Diff rates of tax apply for
short and long term gains.

assume we have a loss for the last finacial year ,when we are calculating income tax for this year how would be affected last year loss

3 Answers  

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While depositing cash at any bank above then Rs 50K, we need to provide PAN Card or we have to fill form 60, but tell me why a person needs to sign FORM 60 if he is paying installments of >50K of Loan availed by him/her earlier? As if he is repaying Loan, not depositing in his A/c?

0 Answers   Banking,

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Breif discription of excise duty ?

1 Answers  

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What is form c & d in sales tax?

0 Answers  

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what r the deductions from salary ?

27 Answers  

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Is Govt staff also paying taxes in India

1 Answers  

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If I am purchasing an equipment from Noida for my Agriculture farm in Andhra Pradesh in my individual name, then "Way Bill" or any other form other than invoice is required?

1 Answers  

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Hello Sir, If A is purchased Excise Duty paid goods i.e. H.R.Sheet. He want to sell the same as vat bill without excise. It can be possible.

2 Answers  

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how to generate H-form and procedure for generate?

0 Answers  

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if a company give salary Rs- 6000 and incentive Rs- 4000 julyy month then TDS will deduct by the company from employee account or not.

2 Answers  

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(1)what is last date of monthly TDS challan deposit (2) what is last date of TDS quarterly Return filling

32 Answers   Advance Steel Tubes, Bombay Burmah Trading Corporation, First City, Kekran Mekran, SA Enterprises, Wipro,

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what is quarterly due dates and form numbers for vat?

2 Answers   Maihar Cement,

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