$hide=Mobile

CAPITAL GAINS ACCOUNT SCHEME (CGAS): save capital gain tax

The booming real estate market meant that Kapil Kumar would manage to sell his house in Pune for a neat profit. He had bought the place 10...
The booming real estate market meant that Kapil Kumar would manage to sell his house in Pune for a neat profit. He had bought the place 10 years ago with the idea that one day he would retire and also move out of Mumbai. However, 10 years on, the price that he was getting for his house was something that he hadn’t even dreamt of. Wanting to make hay while the sun shines, the deal had been completed in a record time. The only hitch that remained was the capital gains tax. Neat profit meant neater tax and he was thinking of ways of saving it. 

He had heard that investing the profit back in real estate does save tax. However, he didn’t want to buy in the current market. A visit to his Chartered Accountant (CA) was warranted. Maybe, he could find a way out.He did!

Kapil learnt from his CA that the Income Tax Act exempts the capital gains from the sale of a house if the taxpayer invests within two years from the date of sale or constructs another house within three years from the
date of sale. If the entire capital gain is not used, proportionate deduction is available.

Now Kapil has two years to buy the new house. However, what if by 31st July, which is the last date for filing the tax return, he hasn’t found the right property? How does he convey to the Income Tax office that he does indeed intend to buy a house within the time allotted to him and hence, will not be paying tax on the capital gains earned during the year? 

His CA advised him to keep the money in a special fixed deposit known as the Capital Gains Account Scheme (GGAS) in such cases.

Let’s assume Kapil earned longterm capital gains of `50 lakh. The tax at 20 per cent on this amount works out at `10 lakh (the 3 per cent education cess is ignored for ease of understanding). Seciton 54 offers him exemption from this tax if he purchases a house (costing R50 lakh) within two years or constructs one within three years.

Prior to 1988, Kapil would have been required to pay the tax in the financial year during which the capital gains arose, even if he intended to buy or construct a house. After purchasing or constructing a house within the stipulated time frame, he could pray for the refund. When he actually receives the refund depended upon
the strength of his prayers. Moreover, it was inconvenient for the Income Tax Office (ITO) to dig up the past records to check the veracity of the claim. 

Enter CGAS
Fortunately, the Tax Department was seized of this impractical approach. CGAS, introduced in 1988, eliminated the need to reopen the assessments for rectifications. Therefore, in effect, CGAS is a special account with banks or specified institutions to be used when the amount of capital gain is not utilised for the purchase or construction of the new asset before the due date of furnishing return of income. (Notification No. 724(E) dated 22 June 1988)

If the amount deposited is not utilised fully for purchase or construction of new asset within the stipulated period, then the amount not utilised will be treated as capital gain of the year, in which the period of three years from the date of sale of the original house expires. 

The salient features
  1. There are two types of accounts;Type-A (savings deposit) andType-B (term deposit). Type-B can be either cumulative or noncumulative.Interest rates will be the same as those applicable to the normal savings and term bank deposits.
  2. The effective date for claiming exemption will be the date on which the bank receives the application,subject to the realisation of cheque or draft. However, the interest will be payable from the date on which cash is paid or the cheque or draft is realised.
  3. Amounts are freely transferable from Type-A to Type-B and vice versa. For premature transfers from Type-B to Type-A, the normal penalties will be applicable. 
  4. Withdrawals can be made only from Type-A by submitting a declaration that the amount sought to be withdrawn is proposed to be utilised for the intended purpose. Where the amount sought to be withdrawn exceeds R25,000, the bank shall make payment by way of a crossed demand draft drawn in favour of the person to whom the depositor intends to make the payment. The amount withdrawn shall be utilised within 60 days. The unutilised portion, if any, shall be redeposited into CGAS. 

A lacunae 
That being said, there does exist some lacunae in this otherwise useful product. Let us see what these are:
  1. CGAS does not allow any withdrawals, except for the specified purpose (of buying the house), even of interest. Moreover, the investor is required to pay tax on this interest (to which he has no access) on accrual basis out of his other income. 
  2. Even if the sale is affected, in say the first month of the fiscal year  (say April ’11), the taxpayer may deposit the amount in CGAS on the last date for filing returns. In other words, he can freely utilise this money for 15 months (April ’11 to July ’12) as he likes. 
  3. We have already discussed the fact that if the amount is not utilised wholly or partly for the desired purpose, within the specified period, the unutilised amount shall be treated as capital gains of the year during which the specified period expires. 
If this amount is to be treated as capital gain of that year, can the assessee purchase another house within two years or construct within three years? Can he use CGAS once again? 

It is illogical to do so and also the fact remains that this capital gain has not arisen out of sale of house, shares,
etc. Therefore, the answers to these questions are in the negative. However, experts believe that the taxpayer has got a right to set off carried forward capital losses against these gains.

COMMENTS

BLOGGER: 219
  1. capitol loss put the negative impact on the value of taxes scores and also performance of worker working under the taxes institute

    ReplyDelete
  2. after the expiry of said 3/2 years in CGAS instead of paying LTCG can he purchase 54ec bonds for next 3 years and can he withdraw the amount after the said period of bond without LTCG taxation.

    ReplyDelete
    Replies
    1. No, Capital gain bonds can only be purchased with in 6 months from date of transfer of asset

      Delete
  3. I NEED GUIDANCE AS TO WHETHER I HAVE TO SHOW IN IT RETURN SALE PROCEED OF HOUSE THOUGH I HAVE INVESTED IN ANOTHER HOUSE WITH ADDITIONAL AMOUNT WITHIN 3 MONTHS OF RECEIVING SALE PROCEEDS IN THE SAME FINANCIAL YEAR

    ReplyDelete
    Replies
    1. YES ,You have show sale and investment data in required columns in Income tax return ,use ITR-2 if there is no business income in your hand

      Delete
  4. If i purchase a new property on capital gain within 2 years than do i need to show my capital gain in the present financial year .

    ReplyDelete
  5. the LTCG on sale of residential land can be used to transfer of ancestor property

    ReplyDelete
    Replies
    1. If you have actually paid any money for ancestral property(house) then you can claim deduction u/s 54F.But if no money has been paid then no deduction

      Delete
  6. Dear sir,
    I have sold my House and willing to invest the same 40 lacs in purchasing of another in different location after 3 months. Can I use the amount to invest in shares for three months and if I make a quick buck of 4 lacs, then what will be the tax implication>?

    ReplyDelete
    Replies
    1. profit from Investment in shares for short term is taxable @ 15 % .But as per income tax act you have to deposit the money in capital gain account scheme before return filing date applicable for financial year in which you have transfer the old house.

      Delete
    2. You refer to "deposit the Money" in CGAS and I would like to know whether its the capital gains only that needs to be deposited or the entire amount on the sale of house.

      Ex: if I sell my house for 55 lacs in 2012 and as per cost inflation index calculation the value of the house is 40 Lacs as on date. Then the 15 lacs (55-40 lacs) is the capital gains. So, In order to save tax on this 15 lacs I need to deposit this 15 lacs only in CGAS and the rest 40 lacs can be used for my own purpose for a period of 6 months and will use the same amount (40 lacs + 15 lacs in CGAS) to buy a new house.

      Please correct me if iam wrong in this case.

      Delete
    3. Under section 54 you have to deposit only capital gain amount .In given example only 15 Lakh,.

      Further investment in new House also required to be 15 lakh to claim full exemption.

      Note : My personal suggestion to you is that do not look at share market as quick money source ,otherwise you loose at your money. Make investment ,do not trade or speculate . I am telling you my personal experience after wasting my 10 years in share Market.

      Delete
  7. if sm 1 buyed a house cn he also open a account and he wud save tax if he want to buy a new house

    ReplyDelete
  8. Dear Raja Babu,
    I sold my house in Aug,2009 for 90 lacs. I had bought it in 2001 for 20 lacs. This means that my capital gain amount was 70 lacs, which i deposited in CGAS on 28th Sept 2009. I had planned to buy a plot from this money and get a house constructed in 3 years.In Feb 2012 I had bought a plot for 50 lacs and wanted to construct my house but due to some dispute on the title of the plot unfortunately, i have so far not been able to start construction on it. In case i am unable to start with any construction till this Sept End 2012 i will ultimately have to pay 20% capital gain tax. My ques. to u is that will this 20% tax be calculated on the entire 70lacs that was the original capital gain amount or will i have to pay 20% capital gain tax on the non-invested 20 lacs.[(70lacs original capital gain - 50 lacs invested in purchase of plot)].??? And how will i be able to withdraw the non invested 20lacs from CGAS. I will be deeply indebted if you can answer my concern.

    ReplyDelete
    Replies
    1. As per rule if house is not completed then you have to pay tax on full amount. (70 lakh). The second option is to sell this plot and invest money at other place and built house by September,2012

      Delete
  9. If I already have purchased second house before selling the first one. Now I want to sell the first one... First house is more than 5 yr old purhcase. now Can I take Tax benefit for the second house. Second house is not 2 yrs and 1 month old...also suggest if there are any other ways I can save tax

    ReplyDelete
    Replies
    1. No ,you can not take benefit from 2nd house. Only house purchased within one year is eligible.other ways are bonds section 54EC

      http://www.simpletaxindia.net/2008/10/capital-gain-bond-us-54ec-vs-capital.html

      Delete
  10. a senior person sold his house in august, however the following year he passes away in march , before opening Capital Gains Account, i.e. the sale proceeds of house were still in his savings a/c. Now his heirs are filing retn, on his behalf, can they deposit money in capital gains account, or what is other alternative, what is the tax treatment then

    ReplyDelete
  11. Being the Landlord & a Cess Building I intend to sell the Development Right to a Reputated Builder for Reconstruction of Old Building under Sec 33 (7) DCR Rules. Would like to Know the Tax Implications on amount Recd towards share of Development Rights, this amount will be paid by a Developer in Different Stages till completion of Project.

    Kindly advice pertaining to tax Implications. Assuming amount recd for Developement Right at 10Cr.

    ReplyDelete
    Replies
    1. you should consult CA with complete details as the amount involved is huge . Structure your deals in such a way so that minimum tax implications .

      you may read this link also

      http://www.simpletaxindia.net/2011/07/tips-for-tax-planningcapital-gain.html

      Delete
  12. Further to my question dated 12 August 2012, Landlord of a Cessed Buidling, I would like to also state Property is purchased prior to 1980, & also I understand that for Indexation I have to take 1981 Base price which has to be worked for Indexation purpose.

    I want to know : 1) When Development Right is transferred for Construction of a new tower, and as an Existing Occupant as A Landlord in which I will be getting the same Area Along with Extra Area as per DCR Rules than in that case what would be the TAX Implication, and how to proceed perstaining to sellin of Developement Right.

    ReplyDelete
  13. To avail the benefit of LTCG(Long Term Capital Gain) one should not sell a house before 36 months. My question is how the 36 months are calculated. Is it based from registration date of the property or posession date of the property. For example Registration date is Jan 2010 and Posession date is Dec. 2010. Then from when the LTCG will start Jan 2013 or Dec. 2013?Thanks in advance.

    ReplyDelete
    Replies
    1. There is nothing clarified in Tax act ,so if property is constructed then registration date can be considered .As in all the section word constructed or acquisition has been used in income tax act no where possession word is used. But it is disputed issue.

      Delete
  14. Dear Sir,
    With respect to "Construct a new house property in the specified period", my query is:
    Does the above phrase include Cost of Purchasing the Land on which the new house property is sought to be constructed?
    In other words, does the cost of constructing the new house property shall comprise of the cost of purchasing the land or will it only comprise of the cost of construction, in its literal sense?

    ReplyDelete
    Replies
    1. Cost of land is part of Cost of construction ,this is as per circular 667 dt 18-10-1993 reproduced here under.

      Whether, in cases where the residential house is constructed within the specified period, the cost of such residential house can be taken to include the cost of the plot also
      1. Sections 54 and 54F provide for a deduction in cases where an assessee has, within a period of one year before or two years after the date on which the transfer of a capital asset takes place, purchased, or has within a period of three years after that date constructed, a residential house. The quantum of deduction is itself dependent upon the cost of such new asset. It has been represented to the Board that the cost of construction of the residential house should be taken to include the cost of the plot as, in a situation of purchase of any house property, the consideration paid generally includes the consideration for the plot also.
      2. The Board has examined the issue whether, in cases where the residential house is constructed within the specified period, the cost of such residential house can be taken to include the cost of the plot also. The Board are of the view that the cost of the land is an integral part of the cost of the residential house, whether purchased or built. Accordingly, if the amount of capital gain for the purposes of section 54, and the net consideration for the purposes of section 54F, is appropriated towards purchase of a plot and also towards construction of a residential house thereon, the aggregate cost should be considered for determining the quantum of deduction under section 54/54F, provided that the acquisition of plot and also the construction thereon, are completed within the period specified in these sections.
      Circular : No. 667, dated 18-10-1993.

      Delete
  15. Dear Sir,
    I have deposited amount Rs. 15,00,000 under CGAS (Account type B) in Oct 2011.
    now I dont want to invest that amount in house property.
    I want to use money for meeting my personal Liabilities.
    Bank had given me "Form G" to Close above account.

    Now my question is that
    Should I have to pay Capital Gain Tax.
    if yes then what is interest amount if my capital gain was 15,00,000 without indexation.

    Please reply since my Income tax return is due on 31st August.

    Thanks in advance for your time.

    ReplyDelete
    Replies
    1. Dear sir,

      my question is that should I have to pay capital gain tax before closing account or before filing income tax return.

      Delete
    2. You should file return before 31.08.2012. and in return you should claim exemption as intended for deposit of amount in CAGS.

      After 31.08.2012 close the account and use the amount as desired.

      By doing this amount of capital gain will be taxable in FY 2012-13 instead of FY 2011-12.

      Capital gain of last year (FY 2011-12) will be added in your income of FY 2012-13 and no interest will be liable to be paid .

      if you withdraw before return filing / 31.08.2012 then interest on pending tax will be payable @ 8.7 %. so pure saving of 8.7 % on tax due on capital gain amount(around 26000/-)



      Delete
  16. Dear Sir,
    I have sold my residential empty plot for 45 lacs in may 2012, which I had bought for 1lac in the year 1995. I have not invested those money anywhere. I m buying a new flat for Rs. 50 lacs in the next month.
    How do I proceed, I mean I can directly buy a flat with this money or I will have to park the capital gain amount in CAGS first and then withdraw the same for buyin a flat?
    If I wont put the Capital gain in CAGS will have to pay the capital gain tax??

    ReplyDelete
    Replies
    1. You can buy new home directly no need to deposit in CAGS.

      Pls note that on sale date of plot you must not have more than one house u/s 54F

      http://www.simpletaxindia.net/2008/10/capital-gain-bond-us-54ec-vs-capital.html

      Delete
  17. Dear sir

    In Nov. 2011, I sold a flat for which agreement of sale was made in Feb. 2007 & in this process, I got LTCG. I'm making arragements to deposit the LTCG in CGAS. Can I use this money to buy a plot, on which I may or may not build a house in the near future? The cost of the plot would be more than the LTCG.

    Please note that when I purchased and also when I sold this flat, all along I owned another flat.

    Your guidance is highly appreciated

    ReplyDelete
    Replies
    1. You have sold a flat so section 54 is applicable so holding of another flat(one or more ) have no affect on Capital gain calculation.

      Further you can buy plot to save capital gain but you have to build/construct a house with in 3 years from transfer of old flat

      Delete
  18. Dear Sir,
    My mother has recently sold her property in Bangalore for 72 lacs. The LTCG on this is Rs. 60 lakhs. She plans to give me Rs.48 lacs. If I put this money in NHAI for 3 yrs,
    A) would i have to invest the money after 3 yrs in a house
    B) will have to pay tax on the interest I might get from investing in this fund

    ReplyDelete
    Replies
    1. As the capital gain on your mother's name .So NHAI bonds must be purchased on her name only to save capital gain.

      a)As above, no use of investing the money on your name in NHAI bonds .It must be on your mother;s name.Further after three year no need to purchase house.

      B)Interest earned from NHAI bonds is taxable in Investor's hand.

      Delete
  19. After i deposit capital gain from sale of land in CGAS, can i use this fund to pay installments of a flat (which is being built by a pvt. builder). The flat will be handed over to me in 3 years time. regards

    ReplyDelete
    Replies
    1. yes ,You can use this money .In fact this money is kept in CAGS for using it in purchasing/construction of the house.

      Keep in mind that 3 years starts from date of transfer of the old asset

      Delete
  20. Dear Sir,
    My father had purchased a flat. He expired without a will. My mother, myself and my brother sold the flat as legal heirs. Sale amount was equally distributed amongst three of us. Do we have to pay long-term capital gain tax on the entire sale amount (as we had not paid any money for purchasing the flat) or only on gains ?
    Thanks

    ReplyDelete
    Replies
    1. You have to pay tax only on gains, not on entire sale consideration.

      Delete
  21. Sir my mother bought a flat for 10,00,000 in 2010 december by getting amount from our relatives. We had a plot which we have sold in feb 2012 for 16,00,000 and repaid 10,00,000 to our relatives. so what will be the capital gain for us. Will my mother have exemption for 10,00,000

    ReplyDelete
    Replies
    1. No , your mother is not eligible for capital gain relief for house purchased in 2010.

      Further to calculate capital gain on sale of plot (2012) .Pls provided date of purchase and cost of plot

      Delete
  22. dear sir,

    I have invested in Capital Gain Fixed Deposit (B) 2 years ago and it is now maturing in 2 days. Now what are the posiibilities with me to avoid paying the tax.? Can I re invest in NHAI schemes or other bonds?

    ReplyDelete
    Replies
    1. you have to invest in house build or construction . I think built house time also already have expired ,so it better to construct new house with in time specified.

      Further capital gain can not be saved by investing in capital gain bonds at this stage.

      Delete
  23. Can the capital gain be used for closure of home loan so that tax can be avoided?

    ReplyDelete
  24. Dear Sir,
    My father had purchased a flat costing about 4 Lacs. At that time the builder had formed a co-operative society and given only share certificate for our flat. On this certificate, it is mentioned that we are members of the society and we have paid membership fees of a few hundred rupees.

    Now my father has expired and we have sold the flat. We do not have any documentary proof that my father had paid about Rs. 4 Lacs for purchasing the flat. We only have the share certificates on which the price if flat is not mentioned.

    Is it necessary to provide a documentary proof of the purchase price of the flat to Income Tax authorities ? If yes, what should we do to get this proof ?

    Thanks

    TCB

    ReplyDelete
    Replies
    1. Please contact to your builder OR Society.

      Delete
  25. Hello,

    Its mandatory to deposit the amount in CGA? or we can deposit in any other account and re-invest with 1-2 years?

    Please help me to get this answered.

    ReplyDelete
    Replies
    1. My father's property was disposed in Oct'11 and i and my brother have received equal share of 65lac each, which i have deposited in mynormal SB account and also I'm looking for an re-investment of same amount.

      The only thing i want to know will it be a problem for me since i have not deposited in Capital gain account?

      Please suggest me what i need to do now.


      Rgds,

      Delete
    2. if you want to claim capital gain tax exemption , then you must have deposit the capital gain amount in CAGS before return filing due date.
      As you have not done so , and due date already gone (31.08.2012) , now you can not claim capital gain exemption and have to deposit tax on capital gain amount from property sold.

      Delete
    3. what will be the percentage of tax i need to pay.

      Do let me know if any other option you can suggest.

      Delete
  26. Sir,

    I sold my flat in Sep 2010 and had opened CGAS in SBI in March 2011. The cap gains was Rs 900,000 after indexation. The plan was to buy another property, but that didn't materialize. I plan to pay the tax of Rs 180,000 (20%) in Oct 2012. Please let me know if I need to pay any interest on this tax.

    ReplyDelete
    Replies
    1. There is no interest in such case .Further you can keep this money in CAGS till August 13 and can pay tax in august 13 ,if you wish to do so.

      Delete
    2. Thanks a lot for the clarification, Sir.

      Delete
  27. Dear Sir,
    Purchased flat in Feb 2005 for 15.25 Lacs
    - Registration done for 8.3 Lacs
    - Sale agreement for 15.25 Lacs , out of that 13 Lacs loan from IDBI
    - All cheque transaction

    Sold flat in Sep 27 2012 for 33.5 Lacs
    - Registration done for 21 Lacs
    - Sale agreement for 33.5 Lacs
    - All cheque transaction

    Could you please guide me how much would be my capital gain.

    Thanks - Sasv

    ReplyDelete
    Replies
    1. capital gain will be as under

      sale price=33.50
      less :indexed cost of flat

      15.25 X 852(CII for fy 12-13) / 480(CII for Fy 2004-05)

      =27.07

      Capital gain =33.50-27.07=6.43Lakh

      Delete
  28. Sold property in 2004 June for 12 lakh which was bought in 2001. Bought the plot for 10 lac in 2004 dec. Remaining amount used to purchase wood and material. Could not construct the house due to dispute on plot. Is there any need to pay longterm capital gain tax?

    ReplyDelete
    Replies
    1. technically payable but it will be huge amount after interest and penalties , so better to ignore this.

      Delete
  29. Father has sold property in October 2010. The Sale proceed is in Savings acccount. If the tax has to be paid, when should the tax be paid.

    Also can the amount be invested in an under construction house, which will be completed by September 2013 and still avail of CG tax exemption(3 year rule)?

    Pls. advice.

    ReplyDelete
    Replies
    1. As per rule , amount must be deposited in Capital gain account scheme .As you have not kept the money in required account so you are not eligible for deduction.

      Further if you have invested the money in CGAS then yes , you can invest money in under constructed house which can be completed with in three years.

      Delete
  30. This comment has been removed by the author.

    ReplyDelete
    Replies
    1. As the house holding period is less than 3 years , So it will be short term gain . And as per rule you can't save this capital gain tax .

      Delete
  31. This comment has been removed by a blog administrator.

    ReplyDelete
  32. Dear Raja Babu,
    I plan to sell a flat. Registry carries a cost of Rs 23,70,000/-. But builder also charged me Rs 1lac for parking, Rs 66,000/- for one time lease (90 yr lease from Govt.) Rs 2,24,000/- as registration charges, Rs 50,000/- for maintenance deposit, Rs 50,000/- for Power Backup. That amounts to Rs 28,54,000/-.

    For indexing purposes should I use the total amount?
    Thanks regards

    ReplyDelete
    Replies
    1. lease amount/parking/registration charges can be added .However maint. charges and power back up charges can not be indexed .

      Though you can take separate money from buyer for power back up and maint, charges

      Delete
  33. Dear Sir
    My mother sold the property on 28th march 2012 and invested in capital again in april 2012
    now for how long can she keep the investement
    ie is cga for 2 years means 2 financial years or 2 years from date of sale

    28 march 2012 - 28 march 2014 or
    28th march 2012 - 28th march 2013

    which is the last date to claim exemption

    regds

    ReplyDelete
    Replies
    1. CGAS is not an investment scheme or capital gain saving scheme it is a interplanetary arrangement . You have to invest the amount in new property before cut off time. so investment in this account can be withdrawn to invest money in house .

      So first ,pls tell under which section you have claimed exception. If want to construct house then money can be retained in this account 3 year from transfer of old property .and if you are interested in purchase of new residential property then you have 2 year period .

      period start from 28 .03.2012 and ends on 27.03.2014/15 as the case may be.

      Further if you are not able to use the money to purchase the new house property then the remaining amount will be taxable i your hand.

      Delete
    2. one property purchased on 16/3/12 from the advance of the property to be sold
      property sold on 28/3/12
      then the capital gain was done in april 2012
      then the next property was purchased on aug 2012 with relevent withdrawls from cga { all requisite forms filled pre and post withdrawl }
      still money is left for the purchase of third property which we want to know , how long can we retain the amount for purchase of ready property in resale { no construction }
      thanks for such an prompt answer

      Delete
    3. oh, Rachni Ji,

      pls tell what you have sold (residential house ) or other long term asset .

      Further you can not purchased multiple properties to save capital gain.

      if you are covered under section 54 then only one property will be considered for capital gain exemption.

      further u/s 54F ,if you buy two properties then no benefit can be claimed at all .

      so pls clarify which section you have availed ,what was sold what price,what was capital gain , how much invested in two properties,and what is balance in CGAS

      Delete
    4. this we consulted and we are told that multiple properties can be purchased as the property sold was of big value and the clause says " purchase of a property " and not one property . there are many instances where multiple properties have been purchased by the seller . its not one property in the written clause , but " a " property .
      this i am sure and have cross checked many a time and there is no confusion
      for purchase of 3 properties the total amount is approx 1/3 for each property and third is still to be purchased

      Delete
    5. yes,you are correct but ............

      any how as already explained you that you can retain money for two years from date of transfer of old asset .

      i.e 27.03.2014.

      before this date you have to invest in third property

      Delete
    6. off topic , you are a blogging very regularly , my suggestion to you that you should combined all the blogs ,if possible.

      Delete
  34. Dear Raja Babu,
    I have sold two properties. Can I buy one single property to save LTCG? Or do I have to purchase two separate properties? Thanks

    ReplyDelete
    Replies
    1. yes, you can purchase on residential house to save cAPIAL gain from sale of two properties .

      Delete
  35. Dear Raja Babu,
    I have sold a flat in June 2012. I want to claim exemption on Capital Gain but I have not yet decided whether I will buy a house or construct it. Is it necessary to decide this before filing return ?

    Can I use above Capital Gain to construct a house on a plot which was purchased 5 years ago ?
    Thanks
    TCB

    ReplyDelete
    Replies
    1. No it is not necessary to decide the option to buy a new house or construct a new house.However you have to deposit the unused capital gain amount in CAGS before return filing due date . Further you can buy new house by June 2014 (2year from sale of flat)or you have to construct new house by June 2012 (3 Year)

      Yes, you can construct house on plot purchased earlier and cost of plot is also to be included to calculated the construction cost/investment .The main condition is that house must be completed with in 3 years

      Delete
    2. Dear Raja Babu,

      Thanks for your reply.

      In the above querry, the flat sold in June-2012 was on only my name (single holder). But the plot which was purchased 5 years ago, had my mother as first holder and myself as second holder. My mother and myself had contributed 50% of the purchase price.

      If I construct a house on this plot before June-2015, can I claim exemption from capital gain on selling flat ?

      TCB

      Delete
    3. No such clear guidelines in Act , but in my opinion yes you can construct house on this land also but 50 % cost of land will be taken towards investment under 54 .

      You may take second opinion

      Delete
  36. Dear Raja Babu,
    I have sold a flat in June-2012 and want to save long term capital gain tax. I have an offer to purchase a house which has already been built, but some legal / government approvals are still pending. I have to pay the price of this house based on a notorised "Satakhat" which probably means "Agreement for Sale" in english. Registered "Sale Deed" ("Dastavej") will be made only after getting the pending Legal / Government approvals which may take more than a year.

    Please tell me the following :
    If I pay the price of the house in next two months based on the "Satakhat" and later if the "Dastavej" is NOT made before June-2014, will I have to pay long term capital gain tax on the sale of flat ?
    Thanks
    Thakkar

    ReplyDelete
    Replies
    1. If you purchased a house and got the possession of house also then it will be treated as deemed transfer u/s 53A of transfer of property act.So in our view you will remain eligible even if you fail to got registered the house by June -2014

      Any how ,as you have said that ,transfer is expected in one year ,so be positive

      Delete
    2. Dear Raja Babu,
      Thanks for prompt reply.
      As the house is already built, I will get the keys i.e. physical possession, immediately after paying the price in two months. Is there any document to be obtained to prove that I have got possession of the house ? If yes, which document and from whom/where ?
      Thakkar

      Delete
  37. Dear Raja Babu,
    I have sold a flat recently and made some long term capital gain. I am planning to buy a plot costing more than the capital gain, before next return filing date. I want to construct a house on this plot before expiry of 3 years. If I do this, is it necessary to open Capital Gain Account ? If yes, how much money I should keep in this account (as capital gain would be fully invested in plot) ?
    Regards
    Chandresh

    ReplyDelete
    Replies
    1. CGAS is to deposit unused capital gain amount . As you have already used amount more than capital gain , nothing is required to be deposited in CAGS

      Delete
  38. Dear Raja Babu,
    Is it true that according to Capital Gains Account (First Ammendment) scheme-2012, for an individual assessee, approval of income-tax assessing officer is required to close Capital Gain Account ? If yes, what is the procedure and how long does it take to obtain this approval ?
    Regards
    Chandresh

    ReplyDelete
    Replies
    1. Approval was required since inception of the scheme to close the the CAGS account . How much time it will take ,you will know only after submitting of your application to AO.

      Delete
  39. I have sold a property after 3 years at 70Lack, purchased at 20L. Property was in joint name of myself and my mother.
    If we make 2 separate investments at different locations one in my name and another in my mothers name how would we be exempted under propert gain tax?
    Considering all the sale amount is invested in 7:3 ratio between myself and my mother.

    Regards,
    Vijay

    ReplyDelete
  40. Dear Raja Babu,
    Based on your reply on 5th November, 2012, I had requested the following information from you, which is still pending. Can you please provide ?

    " As the house is already built, I will get the keys i.e. physical possession, immediately after paying the price in two months. Is there any document to be obtained to prove that I have got possession of the house ? If yes, which document and from whom/where ?
    Thakkar "

    ReplyDelete
  41. Dear Raja babu,

    Before sale of property, can I add 2 joint names to the property, then sell to the builder and request separate cheques in 3 names, so we can then each individually buy 3 separate properties? Will that save capital gains tax as each individual will then pay tax on amount uninvested in property on their separate tax returns.

    Thank you.

    ReplyDelete
  42. Dear Friend,

    My father expired in december 2010. he had a residential plot in his name which he purchased from HUDA. this property was transferred in my name in January 2011. After it was transferred in my name, I paid it's 3 installments in lumpsum. Now, I intend to sale this property. what will be the tax implications?
    Surya

    ReplyDelete
    Replies
    1. please inform when your Father had purchased this property

      Delete
  43. Dear Sir,
    I have sold plot in April 2012 for Rs. 13 lakh which was purchased in 1988 for Rs. 10000. How much capital gains tax need to be paid?
    Presently I have deposited the amount of Rs. 13 lakhs in saving account.
    I want to invest the amount for buying flat in Mumbai in near future say one year.
    Do I need to put the amount in CGAS account? Is this account facility available in all banks say SBI? please advise.
    Ano4Dec2012

    ReplyDelete
  44. We have a flat for 20 Lacs, lets say we sold it for 80 lacs and the captial gain was 43 lacs, now in that case my query is - If I invest the entire amount into a new property there wont be any tax right ? But what happens in case that from the 80 lacs received I invest in 2 properties 40 Lacs each. Will I still have to pay Tax due to capital gains. Please advise. " Does investing in 2 properties server as an exemption from tax on capital gains if the entire amount is invested ? "

    ReplyDelete
    Replies
    1. If property sold is a residential house ,then the case is covered under 54 and only capital gain amount is required to be invested in new house .

      In your case capital gain amount is 43lakh ,so you can purchase one house of 43 lakh for capital gain exemption and balance 37 lakh can be invested else where.Full sale consideration is not required to be invested .

      Delete
  45. If the property is greater than 20 years old, will tax reduce on Capital gains ? How about if the propert belongs to a Senior Citizen can we further save tax.
    Hypotehtical scenario 5 Lacs propert in 1990 now being sold at 1 Cr in 2012, belongs to senior citizen ? Please explain the tax that can be levied on captial gains ?

    ReplyDelete
    Replies
    1. the answer to you question is yes ,old property will get more indexation value .but capital gain is taxed at flat 20 % for senior citizen also.

      further pls provide appox figure so that exact query can be resolved

      Delete
  46. Hi, I have recently sold my house joint property in my dad and my name i.e. June 2012 for 70 lakhs which was purchased for 25 lakhs in year 2005. Now the balance amount 70-25 = 45 is my capital gain. I intend to buy another under construction house in next 30 days. I have few queries please help:

    - Do I need to deposit this 70 lakh(selling value) or 45 lakhs(profit) in Capital Gains account?

    - Can I keep money in my saving account and use it directly when purchasing any house.

    - If I am using my saving account to keep this money and use it as per under construction payment plan... Can I keep it for 3 years.

    - Can I purchase 2 flats using this money i.e. one in my dad and mine joint property and other in name of my wife and mine.

    - If I buy 2 properties using this money but sell one without any gain and use proceeds for first property...Am I laible for any tax ?

    regards

    ReplyDelete
    Replies
    1. 45 lakh is not you capital gain .your capital gain is calculated as under.
      sale price=70 lakh
      less :indexed cost 25*852/497=42.85(497 is index for 2005-06 and 852 is index for 2012-13)

      capital gain=70-42.85=28.15

      to claim capital gain exemption you have to purchase new house for at least 28.15 lakh in joint name of you and your father.if this amount is unutilised till 31.07.2013(due date for filing return fy 2012-13) you have to deposit this balance amount in CAGS.


      Balance amount (42.85) can be used/deposited as per you and your father's wish .

      point wise answer is given below

      - Do I need to deposit this 70 lakh(selling value) or 45 lakhs(profit) in Capital Gains account?
      Only capital gain amount is required to be used to purchase new house and out of this only balance unused amount on 31.07.2013 is required to be deposited in CAGS

      - Can I keep money in my saving account and use it directly when purchasing any house.
      yes , you can but to answer given above.

      - If I am using my saving account to keep this money and use it as per under construction payment plan... Can I keep it for 3 years.

      No ,used amount of capital gain is required to be deposited in CAGS before due date of return filing.

      - Can I purchase 2 flats using this money i.e. one in my dad and mine joint property and other in name of my wife and mine.
      yes , you can use balance amount as you wish (other than capital gain amount)

      - If I buy 2 properties using this money but sell one without any gain and use proceeds for first property...Am I laible for any tax ?
      property purchased to save capital gain amount can not be sold
      before three year .

      However property purchased from balance amount (other than capital gain amount) can be sold and you are liable to short term capital gain .

      Delete
  47. i sold my house(actual my dad house)he died intestate, rs. 10 lakhs,if i can buy one flat within 1 year.can i pay capial gain tax?

    ReplyDelete
  48. Dear Raja Babu,
    If I donate a property to an institution as charity (without receiving any money), do I have to pay any tax ?

    ReplyDelete
  49. Sir

    The unutilized portion in Capital Gains a/c is taxable after expiry of the time allowed. My query is how do you declare this in your tax returns i.e. under which head and how? For e.g. though it is to be taxed as Capital Gains, the LTCG schedule will be required to be filled, so do you put sale price, cost etc..? Hope I am clear.

    ReplyDelete
  50. Hi,
    We have got 15 lakh rupees from sale of old ancestral property and 45 lakh from sale of agricultural land (three brothers - the property is divided). Each indiviual thus has a capital gain of 20 lakh. To avoid long term capital gain of 20% as tax, what are the options that can be explored if each individual brother has his own home.
    Pl reply.

    ReplyDelete
    Replies
    1. sale price and capital gain is not the same thing ,you have to reduce cost price from the sale price . if the land is ancestral then you should indexed market value as on 01.04.1981 multi it with 8.52 .the

      further if land is agriculture rural land then there is no tax on it . if it is urban agriculture land then you have option to invest the amount in agriculture land ,new house or capital gain bond.

      it is clarified that you can buy new house even though you have already another house to save capital gain ''

      so you have three option
      54B(agriculture land only)
      54EC
      54F

      Delete
  51. I have sold a flat on 26/06/2012 after owning it for more than 5 years. I wanted to invest the gain in 54EC Capital Gain Bonds of REC or NHAI to save Long Term Capital Gain Tax. But the prospectus of these bonds says that the bonds would be alloted only on the last day of each month. If I pay the money before 26/12/2012 (completion of 6 months from the date of sale of my flat), but the bonds are alloted on 31/12/2012, will I be able to save LTCG Tax ?

    ReplyDelete
    Replies
    1. In our view 54EC available to you even if bonds are issued on last day of the month. So in our opinion investment date /deposit date is valid

      Delete
  52. dear sir
    we have sold 2 plots. 1. as on 23-06-2012
    2. as on 25-08-2012
    we have received demand draft for sale proceeds and deposited in SBI. and subsequently withdrawn and used for personal purpose. on 1st one

    On 2nd one, Demand draft received and deposited in a co-operative Bank which is registered as per co-operative societies act.

    my query:
    1. i want to get exempt from long term capital gain on entire 2 plots by purchasing of a flat.whether i have to invest net sale consideration or long term capital gain.

    2. builder has agreed to reduce the price, if i pay the entire amount now. and possession of flat is given after 14 months.can i give lump sum amount now from giving cheque of co-operative bank to get exemption.

    3. or shall i transfered from co-operative bank to capital gain account scheme before 31st July 2013 and give from this at stage wise.

    ReplyDelete
  53. Hi Sir,
    I have found the 5 yr old bulding its around the cost is 55lakhs and i will go for 42 lakhs home loan out of 55lakhs. House owner have 7 lakh home loan and how he will get the tax benefit from that amount (he will open any capital gain account) and he have to plan to purchange other property some other place. Please advice to me how we can proceeds with this.
    Thanks
    ESR

    ReplyDelete
  54. dear sir,
    i have been gifted one property by my father last year and unfortunately he passed away..i want to sell this property
    1.how can i save capital gain?
    2.is this capital gain be treated as short term or long term?
    3. can i purchase two property by selling this property?

    ReplyDelete
    Replies
    1. pls provide following information.

      1.when your father has acquired this property.
      2.what is the nature of property like residential house,plot ,commercial property etc.

      Delete
  55. Can i use the funds in capital gains account scheme to pay off my home loan

    ReplyDelete
    Replies
    1. pls ask query in detail,with full facts

      Delete
    2. I have sold my house in Nov 2010 and deposited the capital gains of 30 lakh into a capital gains term deposit before Mar 2011. I took a home loan for 45 lakh for purchasing another property around June 2010. Now I want to pay off the home loan with the funds in the capital gains deposit. Is this allowed as per the capital gains account terms?

      Delete
  56. I have an open plot and the sale is likely to take place in February 2013. If i do not opt do deposit the sale amount in Capital Gains A/C, within how much time should i re-invest the amount in the purchase of another property, so that I get the deduction from Long-Term Capital Gain?

    ReplyDelete
    Replies
    1. You have to deposit unused amount by return filing date ie, 31st july ,2013

      Delete
  57. One query about CGAS. Is the capital gains amount to be invested in this account, computed after indexing the cost of acquisition of the asset or prior to it? For e.g. if cost of acquisition is 8 lakhs and sale proceeds are 25 lakhs, the LTCG without indexation would be 17 lakhs.
    Now if the acquisition cost after indexation is 12 lakhs, then the LTCG post indexation would be 13 lakhs.

    So, which of the two LTCG amounts - 17 or 13 - should be invested in CGAS? Thanks in advance for your clarification..!

    ReplyDelete
  58. We sold our property in Feb 2011. With part proceeds we bought a house in April 2011. The balance amount was Rs 15 lac. Since we couldn't find another property we deposited this amount in SBI capital gain account in Aug 2011. I have still not found a ready construction property to invest this amount. 2 questions
    1. Is it ok to invest this in an under construction property for which i will get possesion in 2 years?
    2. If i decide to withdraw this amount from the bank for my personal use, do i have to submit any NOC from the IT dept?
    Please guide me on this

    ReplyDelete
  59. (1) yes you can invest in under construction property ,but it should be completed with in 3 years i.e up to Feb,2014
    (2)yes you have to provide detail

    ReplyDelete
  60. hi
    If the amount received from the property sold is transfered to CGAS to purhcase the house in next two years and if the person dies ,can the nominee purchase the house or u have to pay the TAX .

    ReplyDelete
    Replies
    1. Nominee can withdraw money and can use as he wish as amount is not taxable in his hand no need to buy any house .this is as per circular 743 dated 6.5.96



      Circular No
      :
      743
      Date of Issue
      :
      6.5.1996
      Section(s) Referred
      :
      54 , 54F
      Statute
      :
      Income-Tax Act


      Sub: Taxability of unutilised deposit under the Capital Gains Accounts Scheme, 1988 in the hands of the legal heirs of the assessee
      1. Under sections 54, 54B, 54D, 54F and 54G of the Income-tax Act, 1961, capital gain is not chargeable to tax if the amount of capital gain or net consideration has been utilised for specified purposes by the assessee within the stipulated period laid down in the relevant section. These provisions also provide for the deposit in specified Banks, etc., of the amount of capital gain which is not utilised by the assessee for the acquisition of new assets before the date of furnishing the return of income under section 139(1). The amount of capital gain already utilised for the acquisition/construction of new asset together with amount deposited is deemed to be the cost of new asset and, consequently, this amount is not chargeable to capital gain in the year of transfer of asset. The provisions of sections 54, 54B, 54D, 54F and 54G further provide that if the amount deposited is not utilised wholly or partly for the prescribed purposes, within the period specified, the amount not so utilised shall be charged under section 45 as the income of the financial year in which the period of two/three years (as prescribed in the relevant section) from the date of transfer of the original asset expires.
      2. A question has been raised regarding the taxability of the unutilised deposit amount in the case of an individual who dies before the expiry of the stipulated period.
      3. The matter has been considered by the Board and it is clarified that in such cases the said amount cannot be taxed in the hands of the deceased. This amount is not taxable in the hands of legal heirs also as the unutilised portion of the deposit does not partake the character of income in their hands but is only a part of the estate devolving upon them.
      Sd/-
      Mrs. Nishi Singh
      Secretary
      CBDT
      [F. No. 225/266/95-ITA-II, dt. 06-05-1996 from CBDT, New Delhi]

      Delete
  61. Hi
    We have sold our house and mother wants to invest the same in new house to save TAX. I would like to take loan from bank and purchase the house jointly . In this case can my mother have second name and I have first name in agreement.

    ReplyDelete
    Replies
    1. yes ,you should specify share of both the parties specifically

      Delete
  62. Dear Sir,

    I have sold a long term asset and purchased a residential house immediately for the equivalent value now after two years i wish to convert this house to commercial use without transfering or selling the house to other parties, will i loose my eligibility under sec 54 of the capital gains.

    ReplyDelete
    Replies
    1. No clear rule available in this regard,so we can not comment

      Delete
  63. Sir
    My father has a house in Ahmedabad constructed in 1954. We are four brothers . After expiry of my father in 1993 the house was transferred in name of my mother and four brothers. Now my mother is also expired in May 2012 and it is transferred in name of four brothers jointly. Now we all have decided to sold the house and the amount will be distributed to us in four equal parts. From which base year the capital gain tax will be accounted either from 1993 . 2012 or before that . The basic value of which year should be taken . If I invest in Capital Gain Tax Bond and pay the tax on interest then after how much period I can withdraw the said amount and at that time shall I have to pay the Capital Gain Tax . Can I purchase the property in joint name First my name and second my son or daughter's name. Can I distribute the amount in two properties Thanks. Can you give me reply on my mail

    ReplyDelete
    Replies
    1. How I can given reply on email ,when the same is not provided ?
      However point wise answer is given below.
      1.Base year 1981-82 ,and you should take value of house as on 01.04.1981 (market value or cost which ever is higher)
      2. Then you have to calculate index value
      Value as per one X 852/100
      3. take sale price minus selling exp-indexed value as per 2 above .This will be capital gain on sale of house.
      4. Now calculate your share (1/4) from capital gain.
      5.You can invest the capital gain amount(not net proceed) in capital gain bond for 3 years and on maturity no tax will be payable on capital gain.
      6 or you can purchase new house on your own name only with capital gain amount.
      7. You should buy single property to avoid any confusion

      Delete
    2. Sir
      My email address is
      mehtamanmohan@hotmail.com
      Please reply on my mail
      Thanks
      M N Mehta

      Delete
    3. Answer is already given above ,no need of mail id now.You can comment if any clarification required

      Delete
    4. Sir
      We are four brothers sold a property of my father after his and my mother's death. I have follwoing questions
      1. The amount will be divided in four parts. Shall we take cheque in each name of four brothers or joint name . We have opened joint account for this transaction .Can we take one cheque and then devide in 4 equal parts.
      2. If I purchase an house/flat and the value is less then what I get from above Can I invest remaining amount in Capital Gains Account Scheme
      3. The complete transaction and getting money from above transaction of selling my father's house will take two - three months. Can I purchase flat at present or shall I have to purchase after getting above money only. At present I saw a good flat and I want to purchase itAt present can I purchase from my fund and then I transfer above amount and show that I have purchase flat

      Delete
    5. Please clarify the nature of property
      A) residential house
      B)not a residential house

      Delete
  64. In case if I am getting money from more than one deeds of sale of properties within a span of 2 years, can I use the same account (CGAS)to deposit the funds in it multiple times? If yes how the track of timespan (2/3 years) per deposit is kept?

    ReplyDelete
  65. Dear Sir..We sold out property and deposited 50lakh into CGA in Jan 2012. We now (Jan 2013) have found an aparment for 70lakh which will be ready sometime in 2015. We can pay full 70lakh (55lakh from CGA) now itself and register the apartment. Will be still be paying capital gain tax as the apartment will be ready to occupy only in 2015?. please clarify..thanks

    ReplyDelete
    Replies
    1. yes , you have to pay capital gain tax as the house is not going to be completed with in prescribed time

      Delete
    2. Sir,
      Thanks for your reply. I am going to get money from a property deal in 5 installments spread across 3.5 years. I am planning to re-invest the amount in one property in construction so that I can pay in installments my questions are
      1. Is it possible to invest in this fashion w/o attracting tax?
      2. Since it is crossing 3 year limit from the 1st payment I receive from the deal do I have to forgo the last installment?
      3.Can I combine money that I may get from other property deal to buy the same property (within the acceptable time limit)?
      4. Can I combine money that my wife will get from other property deal to buy the same property?

      Delete
  66. Dear Mr. Raja Babu,
    I was an NRI and purchased a land in my mothers name in march 2010. I am planning to sell it now and use it for buying a flat. The flat is already identified. Can i directly get the amount from purchase of the land in my account and buy the flat? Will this be clarified as NRI money? How can i use the money for the flat? I will be buying a flat for 50 lacs. The money from the land is only 20 lacs. Rest 30 lacs i will be going for loan.

    ReplyDelete
  67. Dear Mr.Raja Babu,

    I sold a property in Jan 2013 thereby gaining Rs.10 Lacs as Long Term Capital Gains.

    In the year 2011 i had booked another flat and the registration was done on the same year. The flat will be ready for possession by March 2013 and i have about Rs.15 Lacs pending to pay to the builder. Can i claim deduction u/s 54 on this payment against my Capital gains of Rs.10 Lacs?

    ReplyDelete
    Replies
    1. In my view ,yes you can claim deduction as the construction of the house is to be completed after sale of old property.

      Further if property sold is not a residential house then you must not have more than one house other than new one.

      Delete
    2. Thanks Mr.Raja Babu.

      Delete
  68. HI

    My father died in 2009 without will . After that we 3 brothers and 1 sister thru affidivate transfered the name in our mothers name. On the society share certificate , the name is of my mother.
    After 3 years we sold the flat and received cheque in my mothers name.
    Now we are going to distribute the amount equaly in 5 parts.
    1-mother , 1 sister , 3 brothers.
    Now who will pay the tax , individually or mother has to pay the tax and then pay the money.
    2 bothers want to invest in house and 1 brother and 1 sister doesnt want to invest any where.

    ReplyDelete
  69. i have sold a property on 15th Feb 2013 for rupees 40 lac possession of property given. the said property is a residential house came from will of my grand mother which was originally bought for rupees 50000/-, construction done for five lac in 1985. the sale proceed are rupees 25 lac received on 15th feb2013 and i have also paid for registry charges which was 2,50,000 thousand rupees mentioned in registered sale deed. rupees fifteen lac received via pdc for 5 lac on 15th April 2015 and 10 lac on 15th Nov 2015 mentioned in registered sale deed.

    when will capital gain arise and at what amount?

    ReplyDelete
  70. I have 2 properties purchased at different time taking home loan.
    I have re payed back balance home loan amount (Rs. 5,50,000/-) for the 1st one(purchased in September 2009)in August 2012. Now I'm selling the 1st flat with a capital gain of Rs. 7,00,000/- (taking CII into consideration). WIll LTCG amount be adjusted with the re payment of load amount?
    Also, if I purchase another property investing all of the LTCG, and then sale the new property again after 3 years, what will be the tax implication?

    Rgds,
    Rajat

    ReplyDelete
  71. very informative thread ...Thanks to Admin

    ReplyDelete
  72. In which banks CGAS opened is possible and convenient

    ReplyDelete
  73. Thanks for sharing this information about Capital Accounts Collection. Because I didn't even know if for what is that. But in your article, I can now understand about this kind of service. You may also found more information about capital accounts here.

    ReplyDelete
  74. Hello Sir,

    I sold a property for 60 lacs last week .The buyer deposited the amount in my account using demand draft .Now its in my savings account.i am purchasing a flat by next month .(april 2013)

    1) I need to transfer the amount immd to the cgas account?
    2) or how long(maximum) i can keep the money in my savings account?
    3) my purchase of property on april 2013 is for 40 lakhs. can i purchase another property for 20 lakhs to avoid the long term capital gain tax?

    4) or else i need to pay tax for the remaining 20 lakhs?

    ReplyDelete
    Replies
    1. Hi Saran, I have a similar situation. what did u do?

      Delete
    2. Dear saran

      what was property sold ( We suppose residential house)

      If property sold is residential house than first you have to calculate capital gain amount.

      in you case property sold is of 60 lakh but what is capital gain in this transaction . I suppose it was 35 lakh .

      so with above assumptions,you should use minimum 35 lakh in new property .As you have already purchased new house of 40 lakh so balance 20 lakh is not required to be deposited in CGAS and can be used else where according to your wish

      if any doubt then ask query in detail

      Delete
  75. Hi,
    We had Capital gain in May 10 and the funds were deposited into special account with a bank, kindly advice on the below:-

    1. What are the applicable timelines for purchase of Flat/Construction in existing plot?
    2. whether such new property can be bought to avail Homeloan & Capital gain benefits through joint ownership in specific ratio.

    ReplyDelete
  76. I brought a flat in 2007 from builder for 40 L and took loan of 36 L -- now catch is "as per "sale deed", property is registered for 16 L". I sold it in Dec-12 for 60 L and paid 32 L for loan outstanding and balance 28 L deposited into my SBI saving account.

    Now question over here is, do I need to use 40 L or 16 L for calculation of capital gain calculation ?

    ReplyDelete
  77. Dear Sir,
    I am staying in house constructed in 1924 by my father. Now we are reconstructing it and we (my four brothers + me)five are getting equal shares. Now since I am 81 year old and wish to have cash consideration instead of new flat builder (redeveloper) has agreed to pay me INR 60 lac.Will it attract Captial Gain and if yes can you plz guide me on how to calculate it? Mrs.D.

    ReplyDelete
  78. We Sold our flat for 37Lacs in June 2013 (purchased for 20Lacs in March 2008)
    using the capital gain calculator, indexed purchase price is around 32Lacs.
    we booked a flat which is under construction in May 2013(one month before sale of our flat) and paid 6L as booking amount.
    do we still have to pay capital gain tax?
    please let me know

    ReplyDelete
    Replies
    1. Booking of flat is a agreement for right to purchase the flat not actual purchase .

      however ,In current financial year no tax is payable as you have used the amount to construct the new house .

      but, if new flat is not constructed within 3 years from date of transfer of old house i.e June 2016 then you have to pay tax on balance amount of capital gain of 5 lakh (37-32)

      Delete
  79. I sold a plot for 50lacs on 15apr12. I got into a sale agreement with a builder on 15may12 to buy a plot for 90lacs and gave him 50lacs as advance with remaining 40lacs to be paid at the time of registration. As this plot is a unreleased site, it cannot be registered till the layout is developed and release order obtained from Authorities. Development is going slow. As I have already given the developer 50lacs, I am not planning to open CGAS account. There is a risk of plot not getting registered on my name and complete building a house by 14apr15.
    I am planning to claim exemption under section 54f. If the plot is not getting registered on my name by this year end, I am planning to buy a ready to move in apartment early next year.
    Will this be an issue as technically I would have invested in apartment after 31jul13 and didn't open CGAS account.
    Are there any case laws favouring assesse in these kind of situations.

    ReplyDelete
    Replies
    1. yes, you should deposit money in CGAS .Further you should inform us the the capital gain amount on sale of plot .

      suppose the capital gain amount is 10 lakh then it is better to deposit 2 lakh tax then investing huge amount in haste where the chances of loosing money is more than tax outgo,

      further you can avail benefit under 54EC also by investing only capital gain.

      Delete
  80. I have sold a flat in February 2103. The Capital Gain after indexation is around 25 lacs. I intend to buy a flat within the next 12 months. have not finalized a property as yet. I was not aware of keeping this 25 lacs in CGAS. Now we have also passed the last day of return filling. Do i have any options to save taxon capital gain.

    ReplyDelete
    Replies
    1. last date now extended to 05/08/2013 , you should deposit the amount in CAGS on Monday.

      Further there are case laws in favour of assessee ,where court has allowed time up to end of assessment year

      Delete
  81. Thanks Rak KUMARI for the reply. Can CAGS be opened in a private bank like ICICI as well.

    ReplyDelete
    Replies
    1. As per our knowledge/information , No , but you can confirm from nearest bank branch.

      Delete
  82. How can I make a partial withdrawal from account type A for personal reasons if i am willing to pay cg tax on it? Pl reply to raghuvirp09@gmail.com

    ReplyDelete
  83. Dear Raja Sir,

    I sold my flat on April 2013 for 43Lakh, which is purchased in the year 2005 for 4Lakh. Please tell me how much my Capital Gain?

    The 43Lakh sale deed amount is deposited in my SB account. I purchased my new flat on August'13, which is under construction and will be completed by Feb 2015. The sale deed agreement registration formalities also completed.

    Now I already paid 28Lakhs to the builder from my sale deed amount 43lakh from my SB account. And the remaining 13Lakh also I will pay by this month.

    My question is: Will I have to do my income tax file return for this capital gain for the year 2013-14 by July 2015? If so, what are the documents I have to support for that? I am a NRI and I will be appreciated your kind reply.

    ReplyDelete
  84. Sale price=4300000
    Calculation of Total indexed cost Amount Sale Index purchase index Indexed cost
    Indexed Cost of Purchase 400000X939/497= 755734
    capital gain=43-7.56=35.44 Lakh

    However as you have already invested 28 lakh in new house and balance amount is to be paid in this month .So you are eligible for exemption u/s 54 of the income tax .

    So you income calculation will be as under
    Capital Gain from sale =35.44
    Less :exempted under section 54 (investment in new flat) subject to maximum capital gain amount=35.44
    Net taxable capital gain =NIL

    Yes as per present rules ,you have to file income tax return .further return is required to be filed on self declaration basis and nothing is to be attached with the return .You may file online also.Further date is July 2014 not july 2015 for the year 2013-14



    ReplyDelete
    Replies
    1. Dear Raja Sir,

      Thank you very much and I highly appreciated your prompt reply. I do agree that July 2014 is my date of file return.

      Delete
    2. Dear Raja Sir,

      I have one doubt. I have transferred 28Lakh through RTGS from bank itself to the Builder. Now I am out of India. Can I issue a cheque of 13 Lakh to builder from my SB account? I read somewhere that cheques are not acceptable from the Capital Gain money? Is this correct? Please clarify. Thanks.

      Delete
    3. As far as Income tax is concerned there is no such restriction on issue of cheque to builder.However as you are NRI you should convert your SB account to NRI account. For more details you should contact your bank branch

      Delete
  85. Dear mr raja i sold off a flat in Jan 2011
    I had earlier purchased two flats in Dec 2010 on the same date
    Both flats were completed and capital gains paid off by Dec 2012
    My question is
    (i) I had commenced pay ing off from my existing HDFC bank ac before July 2011 i.e. date of filing return, have i erred by not opening a CAGS ac?
    (ii) can i show money paid fr both flats fr capital gains exemption or only one flat

    ReplyDelete
    Replies
    1. Something is missing ion your query ,please ask in details with complete facts

      Delete
    2. i sold off a flat in Jan 2011 and incurred capital gains of rs 30 lac
      this money was deposited in my hdfc bank ac
      I had earlier purchased two flats in Dec 2010 on the same date for rs 35 lac each

      However, i had only spent rs 10 lac before 30 aug 2011 the due date for filing returns that year. i did not open a cgas ac and continued paying from the hdfc bank ac in instalments Both flats were completed and rs 30 lac capital gains utilised by Dec 2012
      the questions therefore are
      (i) will i have to pay taxes for rs 20 lac not spent prior 30 aug 2011 as the money was not placed in cgas ac
      (ii) can i show sum of money paid for both the flats for exemption or only from one flat

      Delete
  86. I have purchased a flat out of long term capital gain arising from sale of shares on 31st july 2011.
    My aged father-in-law age 81 years who was staying in another city sold his house on 17 july 2012 and shifted in the same house purchased by me. Part of the proceeds were invested in NHAI bonds in the same FY. The balance is deposited in CAGS account.
    Now he wants to purchase the same house from me. How can we make the agreement so that both of us can save on tax.

    ReplyDelete
    Replies
    1. You should not sale house within 3 years from purchase date i.e 31.07.2011+3 years =31.07.2014

      Further your father should buy new house before 17.07.2014 ,so technically if you sell house to your father before 31.07.2014 then you shall be liable for capital gain .

      So in my view there is possible way to deal and save tax for both of you.

      Delete
  87. I bought a flat in 2009 for Rs.19 Laksh. I sold it in Feburary 2014 for 26.5 Laksh. Deposited only 19Laksh in CGA account on Feburuary 2014. Remaining 7.5Laksh amount i have used it for closing a loan which i took in 2010 for purchasing another flat. Now I used Rupees 18,90,000 from CGA account for purchasing a plot. Remaining amount Rupees 10,000 still there for closure. My intention was to sell both of flats and buy a plot and construct a new house. From your thread, Now I could see only the capital gain amount 7.5Laksh can be put in CGA account. Is that true?
    The procedure which i followed is correct or not?
    Can I get exemption for the new purchase and construction?
    Please share your guidance on this. Will I be troubled from AO while closing this account?

    ReplyDelete
    Replies
    1. Yes , you are correct that only unused capital gain amount is to be deposited in CAGS account i.e also before the return filing date .further capital gain amount should be as under

      sale amount=26.5
      Indexed cost =19L X939/632=28.22 lakh
      Capital loss=1.72
      In your case there is no capital gain ,so no need to deposited any amount in CGAS and no need to buy new house as per capital gain or tax point of view but you can purchase as per your wish

      Delete
  88. Thanks Raja. But I have already deposited 19L in CAG account and taken Rs. 18,90,000 for investing which is wrong. Bank officer also did not tell me that only capital gain 6.5L should be admitted in that account. Now if i go to Assessment officer, he may ask me why you have deposited wrong amount in that account. Then they may treat 19L as Capital gain.

    ReplyDelete
  89. sir i sold a plot of land on 2 april 2013 which was bought in 1995.the amount was deposited in sb account for a month.then it was used to buy a flat for my elder brother in august 2013.i am salaried individual and i have not informed my office about LTCG as they deduct my tax at source.please suggest what options do i have?thanks

    ReplyDelete
  90. Money withdrawn from capital gains fixed deposited (FD) by duly filling the declaration FORM from
    TYPE-A can it be redeposited back to the CGAS FD

    ReplyDelete
  91. Hi, I sold an ancestral residential property in Feb 14 for 37.5 Lakh. I invested the full amount in Jun 14 with SBI in CGAS type B. I filed my Tax return in Jul 14. Now I found a property (ready possession). The builder has given me a demand letter for 37.5 Lakh. can you please advice how I can withdraw the amount. Also someone told me that i need to get form G signed by IT assessing officer for getting the money. Please clarify if this correct. Thanks

    ReplyDelete
  92. Hi, I sold an ancestral residential property in Feb 14 for 37.5 Lakh. I invested the full amount in Jun 14 with SBI in CGAS type B. I filed my Tax return in Jul 14. Now I found a property (ready possession). The builder has given me a demand letter for 37.5 Lakh. can you please advice how I can withdraw the amount. Also someone told me that i need to get form G signed by IT assessing officer for getting the money. Please clarify if this correct. Thanks

    ReplyDelete
    Replies
    1. Yes Form G is required to be signed by ITO .form G is closure of account . However you can use form C for withdrawal of amount(sign of ITO) not required .Maint some Balance in account and withdraw all most all amount with form C .Further As per section only capital gain amount was required to be deposited in CGAS not net sale proceed .

      Delete
  93. My father had purchased a flat in 1965 who expired in 1998, the shares were transferred to my mother's name, she expired in 2014. The shares are now being transferred in my name as nominee (100%).

    I am planning to sell the flat as soon as the shares are transferred in my name (less than 36 months after transfer of shares).

    Will I have to pay Short Term Capital Gains Tax or Long Term Capital Gains Tax?

    ReplyDelete
    Replies
    1. In case assese withdarw more than Rs.25000 from bank under CGAS , than who is liable for this offence , is any practicle case avialable regarding to this topic.

      Delete
  94. sold flat in f/y 10/11 booked new within 4 months paid booking amount and balance
    kept in cgas a/c as the project was delayed by 3yrs now work started next year have to pay the amount the amount is still in cgas is it ok

    ReplyDelete
    Replies
    1. The new house must be completed with in 3 years from the date of sale of old house.In your case house is not completed in three years so the capital gain amount(not full consideration of old house sale) of old house is taxable in the period ,when three years completed.

      Delete
  95. Sir, I understand that the entire amount of unutilized capital gains in CGAS at the end of 2/3 years is taxable as income in the year of expiry of 3 years from the date of sale transaction. Can you kindly clarify if the capital gains will be taxed at LTCG rates or at normal rates? Also, can you please clarify if the unutilized amount can be withdrawn only after closure of the CGAS account or can be withdrawn after payment of LTCG tax. What will be the process for such closure. Thanking you in advance for providing the information.

    ReplyDelete
  96. Sir, thanks for this very simple and clear thread on a very confusing subject. My query is regarding Section 54F : exemption is only available if assessee does not own more than 1 house. In my case I own 1 house, but I am also a named co-owner of an inherited family property in 1/4 share. Does that make me ineligible for this exemption? Should I remove myself form that small inherited family before I sell my land to be able to claim Section 54F exemption?

    ReplyDelete
    Replies
    1. yes , you should remove your name by transfer your share to your brothers other family members.

      Delete
    2. or you may avail 54EC ,where only capital gain is to be invested
      http://www.simpletaxindia.net/2008/10/capital-gain-bond-us-54ec-vs-capital.html

      Delete
  97. Since I am a US based NRI, that section and investment into bonds does not help me- the US authorities do not waive the LTCG tax here - only if property investment is done, I can get exemption here. But that joint property on which I am part holder is not in any records- and I would only be filing the voluntary return as no tax will be due- does it matter if that property title is actually changed- or if I just fill out a gift deed/ relinquishment deed for my share in favour of brothers?

    ReplyDelete
    Replies
    1. Sorry this pertains to the previous question- continuation of above.

      Delete
    2. There is a provision of Family settlement deed under which registration of property is not mandatory ,if you check with legal expert of that field .Regarding tax ,we have already told you that you should remove your name from joint ownership.

      Delete
  98. Hello Sir,

    My query is that I had house which was situated in commercial area. The ground floor was commercial and upper was residential. It was transferred on my name in 1988. Recently I sold the property. The registration by new buyer is done as commercial property. It was one unit(in municipal records) but divided into two shops of one unit. So buyer bought the properties one on his name and other shop on his wifes name. So my query is

    Which section is applicable here 54 or 54F (Because electricity and water supply was residential in one shop and registered as commercial by buyer)

    So now I have two registries (buyer and his wife). I have no other house. I am living on rent. So my query is even if section 54f is applicable can I buy two properties from each consideration? The confusion here is that I can buy 1 property under this but then there is condition that you can not but another residential property for next three years under section 54f. So if I buy one property I satisfy all conditions but from second consideration If i buy another residential property, will my exemption be void as the section 54f says I can’t buy another property in next 3 years.

    Last query is that can I take the benefit of sections 54f and 54ec simultaneously. As my net consideration suppose is 25 Lakhs and I buy a flat for 15 lakh and invest 10 lakh in bonds.

    Thank!! Please Answer.

    ReplyDelete
  99. To avoid dispute you should claim it under section 54F

    Can I buy two properties from each consideration? The answer is no you can not .

    Yes condition is there that you can not buy another house in next three years .so if you have claim 54F for one unit then you can not claim 54F again in next three years buy purchasing another house .

    However you can buy one house from sale consideration of both the units .Suppose you have sold one unit in 50 lakh and second in 60 lakh then you can purchase one house of 110 lakh and claim capital gain exemption u/s 54F.

    Yes ,you can claim 54F and 54EC both simultaneously .However under 54EC you have to invest only "capital gain "amount not net proceed.

    Suppose Both the units have sale consideration of 100 lakhs out of which you have earned a capital gain is 25 lakh .

    If you invest 10 lakh in capital gain bonds under section 54EC then you have to invest only 60 lakh in section 54F

    100 X(25-10)/25=60 Lakh

    and balance 30 lakh you may used as you wish (but not to buy another house )

    if you have further query then please ask

    ReplyDelete
  100. Dear raja babu,

    i am really happy to see your replies which are up to the mark. i really acknowledge that.

    i would be obliged if u help me too replying to my querry. it is:

    my grandfather purchased a flat in the year 1969 {cost is not known} which got transferred in my father's name in 1990 after his expiry. however even my father expired in 1997 and the flat got transferred to my mother's name in 1998. She sold off her flat in October 2012 for 40,00,000/-.
    Out of this 40, she used some 3 for the personal use and was left with 37. Now intending to purchase another property, she did not deposit in NHAI but rather deposited those 37 lacs in CGAS. now she doesnt wishes to purchase another property. As she wants to clear off certain debts and keep the balance for personal use.
    My questions are:-
    1. what is the capital gain amount my mother has received AS IT IS AN ANCESTRAL PROPERTY ?
    2. What is the tax she has to pay as LTCG?
    3. How can she withdraw her 37 lacs and close her CGAS?
    4. Does she has to pay tax immediately or in the A.Y.2016-17?

    ReplyDelete
    Replies
    1. Thanks For complement ......

      Further to calculate capital gain , we need estimated cost of property as on 01.04.81

      or all the calculation will be on assumption basis

      Delete
    2. You have not provided cost as on 01.04.1981 so we assume it as 100000 .Further assume sales expenses at 1% of 4000000 =40000 so according capital gain will be as under.
      1. Net sales price =4000000-40000=3960000
      2. Indexed cost of purchase =100000*852/100=852000
      capital gain=3960000-852000=3108000

      you may change calculation as per actual.Point wise answer is as under.

      1.Rs 3108000(as above)
      2. Tax rate is flat 20% ,but if she does not have any other income then basic exemption is also to be reduced.
      3. If you have open account type B then first transfer it to Type A account and fill form C .Or consult your bank manager ,Just say him that you want to buy new house,withdrawal is simple by submitting a form C
      4. Amount is taxable in AY 2016-17 ,however he has to pay Advance tax ,if her age is less than 60.If she is senior citizen then he may pay tax by July -2016
      Any doubts ,pls ask


      Delete
  101. I booked a flat in Dec.2014. At that time my earlier 2 flats were not sold out. So I had to withdraw some bank loan. Now both the properties are sold out. So, I have invested residual amount in Capital Gain Amount. Possession of new flat is expected in next one or one & half year. Whether at the time of possession, after paying outstanding amount to the builder from capital gain account, I can pay residual amount in capital gain account as part repayment of home loan drawn against new property ?

    ReplyDelete
No spam allowed ,please do not waste your time by posting unnecessary comment Like ads of other site etc.

1 – 200 of 219   Newer›   Newest»
Name

. SECURITIES,5,(MNP),2,(TDS)2007-08,1,`,1,01.07.12,23,01.09.2008,1,01.10.2012,2,06.07.2009,3,07.08.2012,1,1 PERCENT EXCISE ITEMS LIST,2,1 sep,1,1% excise,2,10 year nsc,7,10(10C),1,10(10D),1,10(11),1,10(12),1,1000 court cases judgements supplied to ITO,7,1000 rupee note,3,11-2008,1,11-2010,1,111A,2,130 items,1,14.08.2008,1,15 august,2,150 Rs coin,2,15g,14,15h,15,18-12-2009,1,192(1A),5,192A,2,194 I,3,194 IA,1,194A,7,194c from 01.10.2009,7,194H,6,194j,15,194LC,3,194N,1,194O,1,194q,2,1981-2007,2,2% cst,1,2% excise,1,2004,1,2008,1,2008-09 FY,1,2010,2,206AA,14,234A 234B 234C,10,234c interest calculator,11,234D,1,234E,16,234F,2,23AC,1,23ACA,1,23B,2,24C,3,24q annexure II,5,25 paisa coin,1,271(1)(c),5,271B,2,271H,4,272B,1,27A,1,280,5,280 challan,4,281,4,282,2,283,2,29 AUGUST,2,29.04.2010.,1,29/08/2008,2,29/2008 service tax,2,2g meaning use,1,3 idiots,1,30 MARCH,4,31st March,19,32-2010,1,33 of 2009,1,35(2AA),1,35(2AB),1,3CD,18,3g meaning use,1,40(b),4,43B,5,44 AB EXEMPTED INCOME,1,44AA,1,44AB AGRICULTURE,2,44AB new limit,29,44AB NON RESIDENT,3,44ad,19,44ada,3,46/2012 45/2012,1,49C,1,5 day week,1,5 years post office deposit,5,5/2011,1,50 paisa coin,2,500-1000 notes banned,128,54b,19,54EC,28,54ee,1,54f,22,54gb,1,5th paycommission punjab,1,6 % excise,1,6 crore advance limit,1,6/2005,1,69/2010,1,6th cpc,5,6TH PAY COMMISSION,6,70% of pan etds,7,7th Central Pay Commission,12,8 tips to save tax,2,80C,90,80ccc,3,80CCD,15,80cce,2,80CCF,18,80CCG,6,80d,10,80DDB,14,80EE,4,80EEA,1,80G,6,80GG,8,80GGA,6,80GGB,1,80ggc,1,80tta,5,80TTB,2,80U,2,85% of pan etds,1,86/2008 DATED 13-08-2008,1,87A rebate,8,89(1),22,89(1) relief calculator,19,9.5 % rate for private epf,8,92E,1,95% of pan etds,5,98 dated 04/01/08,1,aadhaar,18,aakash tablet,1,aam admi,1,aar,4,Aayakar Sampark Kendra,1,abatement,13,abolished,1,ACCOUNT PAYEE DRAFT,2,Accounting,1,ACCOUNTING CODE,11,accounting code for services,6,ACCOUNTING FOR GOVT GRANTS,3,accounting standards,12,ACES,10,ADD IN,1,Add-Ins,2,additional relief in budget 2010,1,adjustment of advance FBT with advance Tax,2,advance rullings,3,advance salary,2,advance tax,2,ADVANCE TAX CALCULATOR,10,advance tax challan,19,advance tax collections,1,ADVANCE TAX CUT OFF AMOUNT,12,ADVANCE TAX DATES,20,AFFIDAVIT,2,affordable housing,1,AG Projects Technologies Ltd RT,1,age 80 addition pension,2,aibea wage revision,1,aibea wage revision latest news,1,aiboa,1,aiboc,1,aiboc wage revision,1,AIG,1,AIR,10,airline ticket booking tds,7,airlines,3,all is well,1,allowances,5,allownces,4,alphabet of inspiration,1,alteration on check allowed,3,alternate minimum tax,4,AMENDED 3CD,12,amendment in companies bill 2011,2,amendment in gratuity act 2010,5,amendment in registration service tax,4,AMENDMENT IN SERVICE TAX ON RENT,6,amendment to finance Bill 2010,1,AMNESTY SCHEME 2007,2,amt,2,Anna Hazare,2,anna hazzare bill vs govt lokpal bill,1,appeal,15,apply for new pan card against old pan card,3,aqb,1,arbitration,2,arrears of salary,5,arrears of sixth pay,6,ARRERS TAX,2,AS-12,1,ASBA,1,assessee in default,2,ASSESSMENT REOPENING,8,ASSESSMENT YEAR 2008-09 REFUND,1,atm,13,atm 100 per day,2,atm cash without card,2,atm tips,9,atm wrong debit,1,audit cases itr filing,2,audit limit enhanced,13,Audit Questionaire,1,AUDIT REPORT,63,AUS VS IND.INDIA VS SL,1,Automated teller machine,1,AUTOMATION OF CENTRAL EXCISE AND SERVICE TAX,7,Axis Bank credit cards,2,ay 2010-11,1,bad debts,2,Balwant Jain,180,Bank,6,Bank account,15,bank audit,3,bank audit 2012,1,bank charges,19,BANK SALARY,2,bank strike 06/07/09 and 07/07/09,1,banking law amendment,1,banknotes,6,banks npa provisioning,4,BARE ACT,4,bare rules,1,BASE RATE BY BANKS,2,bcct,1,belated return,2,benami property,1,BIMAL JAIN,474,biometric pan card,3,black and white form not acceptable,2,black money,27,BLOCK PERIOD,1,blogging,1,bobay refund,1,BONUS,2,bonus share,2,book discount,5,BOOK ON EFILING,1,BOOK REVIEW,1,books of accounts,6,BOOMING INDIAN ECONOMY,3,both House rent allowance,10,both hra and house loan,15,Brass Scrap,3,BRIBE CASE,1,BROKER,3,BSE,1,bsnl broadband,1,bsnl broadband usage,1,bsnl land line sms alert,2,BSR CODES,3,BUDGET 2009,18,budget 2010,28,budget 2010-11,4,budget 2011,13,BUDGET 2012,38,budget 2013,17,BUDGET 2014,39,BUDGET 2014 CONTEST,6,budget expectations,8,BUDGET HIGHLIGHTS,11,budget live on computer,5,budget live telecast,5,budget notification,1,budget on tv,1,budget speech,16,BUDGET SPEECH DOWNLOAD,2,Budget-2014,2,Budget-2015,45,BUDGET-2016,71,budget-2017,28,BUDGET-2018,32,BUDGET-2019,22,BUDGET-2020,2,budget-2022,9,BUDGET-21,39,Budget-23,51,BUDGET08,5,BUDGET2018,1,Business,5,BUSINESS AND PROFESSION MEANING,1,BUSINESS COVERED UNDER 44ab,2,buy back,1,BUY HOUSE,5,C FORM,5,CA CAN ONLY AUDIT MVAT,4,CA CLUB INDIA,1,CA GIRISH AHUJA,3,CA NITIN GUPTA,5,CA PARDEEP JAIN,5,CA ROHIT GUPTA,4,ca services,3,CA sudhir Halakhandi,1,CA Swapnil Munot,15,CA Vikas Khandelwal,9,calculate arrear,1,CALCULATE NEW PAY,2,calculate your emi,4,calculation of tax on salary arrears,4,CALCULATOR,72,CALCULATOR REVISED,1,capital asset,4,capital formation huf,3,Capital gain,45,capital gain account scheme 1988,11,CAPITAL GAIN INDEX,30,capital gain on repayment of loan,2,capital gain on tenancy rights,1,capital goods,3,capital revenue,1,CAPITAL SUBSIDY,3,CAR LOAN,1,CAR LOAN RATE INCREASE,12,carry forward of losses in late return,5,cas,1,cash back,1,Cash credit,2,cash flow statement,1,CASH PAYMENT DIS ALLOWANCE,11,CASH PAYMENTS EXCEEDING 20000,5,CASH SUBSIDY,3,Cash Transaction 2016,8,cbdt,15,cbec,9,CBI ARRESTED,1,centeral sales tax rate,2,CENTRAL PAY COMMISSION,6,CENTRAL PROCESSING CENTER,2,CENTRALISED PROCESSING OF RETURNS,1,Cenvat,63,CENVAT Credit Rules,81,cgas 1988,3,challan,7,challan 281,10,CHALLAN 289,1,challan correction,8,challan Form 17,11,CHALLAN STATUS INQUIRY,1,change,1,change in cst rate,5,change in excise duty rates,11,CHANGE IN PAN ADDRESS,3,CHANGE IN PAN DATA,7,change in tds rates in budget,14,changes,2,CHANGES IN SERVICE TAX ACT,58,changes in Gst,1,changes in income tax,1,changes in new itr forms,11,CHANGES IN TDS,14,CHARGES ON CASH PAYMENT OF CREDIT CARD BILL,3,charitable organisation,5,check name from PAN,2,check tds deducted online,3,Cheque,12,cheque bounce,7,cheque payment before due date,8,cheque tender date /realisation date,4,Cheque Truncation,7,CHEQUE VALIDITY,9,child care leave,3,CHILD DEPENDENT PREMIUM,1,CHILD MARRIED PREMIUM,1,child plan,1,childeren name,1,children education allownces,10,chip based atm card,4,cibil,13,cibil for companies,5,CII 2007-08,1,CII 2008-09,2,CII 2010,1,cii 2012-13,1,CII2011-12,1,cin,2,CIRCULAR 3/2010 DT 2.03.2010,1,CIRCULAR 8-2010,1,CIT v. Emilio Ruiz Berdejo (2010) 320 ITR 190 (Bom.),1,cloning of atm card,1,clubbing of income,2,co-ownership,1,COLLECTION CHARGES,1,COLOR SCHEME,1,COMMISSION ON SMALL SAVINGS,2,common error in 2009-10,1,common error in itr 4-5-6,3,compa,1,companies bill 2012,2,COMPANIES RATE,2,COMPANY BILL 2011,6,company deposit,5,Company Law Settlement Scheme,5,COMPANY REGISTRATION,4,complusory payment of taxes,1,Composite rent,1,COMPOSITE SUPPLY,3,Composition scheme GST,15,Composition scheme service tax,2,compounding of offence,1,COMPUTER AS FAX MACHINE,1,computer sytem at ito office,1,CONCEPT PAPER,1,configure yahoo mail in outlook express,7,consolidate account statement,5,construction purchase of house,9,Consultancy Service,2,consumer loans,2,Consumer Price Index,2,consumer protection,1,continues services,1,CONTRIBUTION TO NEW PENSION SCHEME,10,CONTRIBUTORY PENSION FUND,3,CONVERT FIGURES INTO WORD EXCEL,8,COPARCENER,1,CORONA,8,CorpMcash,1,Corporate Social Responsibility,1,corporate tax,1,corporation bank,3,correction etds,10,CORRECTION IN PAN DATA,8,correction in section,4,CORRECTION RETURN,6,CORRECTION RETURN.ETDS,7,cost accounting,5,cost audit,6,cost inflation index,21,cost inflation index 2012-13,2,COST INFLATION INDEX FY 2010-11,1,COST INFLATION INDEX FY 2011-12,1,COST OF INDEXATION CALCULATOR,5,court case in entry tax punjab,2,covid-19,3,cpc phone number,6,cpf,7,Credit card,32,CREDIT CARD BILL PAYMENT ICICI BANK,6,credit scores,14,cricket team,1,critical illness,1,CROSSED DEMAND DRAFT,2,CRR,14,crr reducred,1,cryptocurrency,1,CS DIVESH GOYAL,69,CST,12,CST 3% OR 2 %,3,cst act 1956,1,cst form,6,CST FORM STATUS,1,cst rate changed,3,CST REDUCE RATE,4,ctt,3,currency,2,CURRENCY TRADING ILLEGAL,1,custom,4,custom changes in budget,18,cusual leave,1,DA MERGE,2,da rate,16,da rate 01.07.2012,4,da rate january 2013,4,da rate july 2012,3,da rate wef 01.01.2012,4,date extension,4,DDO ASK RENT RECIPT,1,ddt,4,dearness allowance,15,Debit card,11,DEBT EQUITY RATIO,1,debt funds,13,debt trap,3,declared goods,1,DEDUCTION 80C,6,deduction for higher studies,3,deduction on saving bank interst,2,deduction u/s 80DD,6,Deemed income of employee,1,deemed ownership,1,deemed services,1,defective return,4,defence officers,1,defence pay,1,defence pay scales,2,DELAY IN FILING,3,delete ledger in tally,1,DELHI HIGH COURT,11,demat,4,deposit tax of two quarter in single challan,3,depreciation,15,depreciation on car,3,depreciation on commercial vehicle.,2,DEPRECIATION ON INTANGIBLE ASSETS,3,depreciation rate,13,depreciation rate 2009-10,3,DETAIL AFTER E FILLING,1,DETAIL OF TIN,1,Determination of value,1,DIFFRENT TYPE OF TAXES,1,digital signature,10,din,4,direct payment in bank account,1,DIRECT SUBSIDY,10,direct tax bill,6,direct tax changes in budget,25,direct tax code,39,direct tax code 2009,6,dis,1,Disability insurance,4,discussion Paper,4,distribution of salary,2,dividend distribution tax,2,dividend striping,1,dnd,1,do not call.,1,document identification number,1,document ientification number,1,documents required for service tax registration,5,domestic transfer pricing,5,donation,3,dot,1,double taxation,1,dow jones,1,download,1,download 89(1) relief calculator,12,download direct tax code 2012,10,download form 16A,7,download fvu,28,download idfc INFRA BONDS FORM,1,draft reply,1,drawback rates,2,dtaa,4,dtc,10,DUE DATE AY 2010-11,2,due date ay 2011-12,3,due date extended,72,due date extended to 31.08.2012.,2,due date for service tax return,36,due date form 16,21,due date form 16a,10,due date June,2,due date march tax,11,due date of return 2008-09,3,due date pf esi,6,due date to deposit tds,15,DUE DATES,17,DUE DATES CALENDAR,8,DUE DATES CALENDER,9,DUE DATES INCOME TAX,23,DUE DATES SERVICE TAX,42,DUE FAMILY PENSION,1,DULICATE PAN,1,DUPLICATE TAN,5,dvat,8,e book Income Tax rules,3,e book on service tax,22,E ERA OF TAXES,1,e filing do and don'ts,7,e filing of audit report,10,e filing processing status,8,e filing software excel free,4,e filing through evc,10,e filing utilities,6,e mode for notice to shareholder,1,e notice to share holder,1,e payment of epf,5,E PAYMENT OF EXCISE DUTY,2,e payment of income tax,5,E PAYMENT OF SERVICE TAX,4,e payment of tds,8,E STAMP DUTY,1,e tutorial for TAN registration,3,E-1 FORM,1,E-1 SALE,6,e-commerce,1,E-FILE SERVICE TAX RETURN,18,e-Intermediary,1,e-payment from friends account,2,E-PAYMENT OF SERVICE TAX,9,e-payment of taxes,6,E-SEVA BY ICAI,4,e-TDS/TCS statements,2,E-WAY-BILL,15,earn from home,1,earned leave,2,Easy Exit Scheme,1,ebay,1,EBOOK,75,EBOOK ON SERVICE TAX,23,economic survey,9,economic survey 2010,3,economic survey 2011,2,economic survey 2012,1,Edible Oils,1,EDITABLE INCOME TAX FORM,1,education cess,6,EDUCATION LOAN,5,eet,4,EFFECTIVE DATE CST RATE REDUCTION,2,effective date of allowncs,2,efiling errors,5,efiling free,2,efiling income tax return,31,efiling of excise return,6,efiling registration problem,18,electric vehicle,1,Electricity act,2,ELECTRONIC FOREX TRADING,1,Electronic Gold Receipts,1,Electronic Verification Code (EVC),10,elegent card on holi,1,ELSS,20,EMANAGEMENT OF TAXES,1,EMI CALCULATOR,8,empanelment as branch auditor,2,EMPLOYEE PROVIDENT FUND,9,employee state insurance,2,employee state insurance act 1948,1,employee state insurance act Limit,1,employer e sewa,4,eMudhra Consumer Services,1,entries r off in 50 paisa,1,entries rounded off in rs,1,ENTRY TAX,5,entry tax punjab,2,epf,55,epf challan,33,epf claim,12,epf e passbook,8,EPF FAQ,33,epf int rate 11-12,6,epf interest exemption,11,epf interest rate,25,epf interest rate for fy 2010-11,8,epf limit,8,epf online,12,EPF ONLINE CHALLAN GENERATION,4,epf statement,6,EPF TRUST,1,epf withdrawals,12,epfo,44,equal monthly installments,2,equity funds,7,ER-1,2,ER-2,2,er4 form online,1,error in etds return,10,error in st-3,5,esi,7,esi contribution,3,esi limit 10000,1,esi limit 15000,4,esi limit from 01.05.2010,1,esi return,1,ESOP,5,ETABF,1,ETAX,2,etcs,10,etds,33,etds correction,17,etds defualts,2,etds due date,9,ETDS FVU 3.1,3,ETDS PAYMENT,3,ETDS Q4 ANN II,3,etds retur with insufficient pan,2,etds return,25,ETDS RETURN DUE DATES,24,etds return less deduction of tax.,2,ETDS RTEURN SOFTWARE,2,etds software,5,etds without pan,5,etrip,1,Excel,11,EXCEL 280,2,excel add in,1,EXCEL CII,5,excel form 16,10,EXCEL SHORT CUTS,9,excel software,2,excell add in,4,EXCESS TDS,7,Exchange-traded fund,3,exci,1,excise,10,excise changes in budget,19,EXCISE FORMS,1,excise notification,2,Excise on branded goods,2,excise on utensils,1,excise rate reduced,4,EXCISE REGISTRATION,5,exclusion from capital asset,1,exempted capital gain,6,EXEMPTION GST,3,exemption limit increased,4,EXEMPTIONS IN FEW SERVICES,2,exice duty on new items,1,EXIDE CASE CALKUTTA HIGH COURT,2,EXPANSION OF EXISTING SERVICE,1,EXPLANATORY NOTES TO FINANCE ACT(2) 2009,1,export,21,EXTENSIBLE BUSINESS REPORTING LANGUAGE,1,extra level security in credit card,2,face book url,1,face book username,1,facebook,2,fake prize money,3,family pension,9,FAQ,62,faq on fbt on esop,3,FAQ VAT,8,fast facts,1,father can claim for son studies,1,FAX FROM COMPUTER,1,FBT,6,FBT CALCULATOR,3,fbt challan,1,FBT ON ESOP,5,fc(r) ACT,1,fd interest rate,4,fdi in insurance and telecom,4,fdr,13,FEMA,3,FIGURES TO WORDS,2,fii,1,file free etds statement,1,file validation utility,3,Finance,86,finance act,9,Finance Act (2) 2009,2,finance act 2010,1,Finance act 2011,1,FINANCE ACT 2012,4,finance bil 2012,6,finance bill 2010,3,finance bill 2011,3,finance bill in lok sabha,8,finance bill top news,1,finance bill(2) 2009,1,Finance Minister,6,finance ministry,3,financial adviser,6,financial crises,1,FINANCIAL PLANNING,21,Financial Services,2,first class rail passenger fare from 01.10.12,3,first discussion paper on gst,5,first name in pan card,2,first quarter fringe benefit tax adjustment,1,fiscal cliff,1,FIVE IN ONE,1,FIVE IN ONE TAX CALCULATOR,1,Fixed deposit,24,fixed maturity plan,8,FLOW CHART ON FBT ON ESOP,3,fm speech on 07/05/2012,1,fmc,1,FMV OF ESOP,3,FMV UNLISTED COMPANY ESOP,2,FN 275-192-2009,1,FOREIGN COMPANT FBT ON ESOP,1,foreign direct investment,1,foreign dividends,2,foreign exchange money changer service tax,3,foreign individual in shares,1,Forensic Auditing,1,Forex derivatives tax,3,forex trading,3,forget password,2,Form 10E,2,form 12BA,1,FORM 16,22,FORM 16 A SOFTWARE,6,FORM 16A,15,FORM 16A FROM ETDS FVU,3,form 16A from fvu,1,form 16a from nsdl,6,FORM 16A GENRETION SOFTWARE,3,FORM 16A PDF,2,fORM 16aA IN FIVE MINUTES,1,form 18 punjab vat act,1,form 26as,34,form 26q,4,form 26q online free,4,form 29C,1,form 49a excel/pdf/online,5,formation of huf,15,forum site,1,FORWARD CONTRACTS ACT 1952,1,fpo,1,fraud mail,4,free auto filler for epayment of taxes,4,FREE CHALLAN SOFTWARE,2,free e filing Income tax return 11-12,2,free epayment auto filler of challan,3,free etds return,12,free etds software,7,FREE INCOME TAX ACT,2,free income tax return,3,free itr-1,8,free itr-2 e filing,3,Free online Books of Direct Tax for F.Y.2008-09,2,free online greeting card holi,1,free samples,2,FREE SOFTWARE,1,FREE SOFTWARE FOR ETDS,4,FREE TOOLBAR WITH SEARCH,2,Fringe Benefit Tax,2,full partition of huf,2,future and options,8,fvu,8,FVU 2.130,1,FVU 2.131,1,fvu 2.216,1,fvu 3.0,1,fvu 3.2,1,fvu 3.3,2,fvu 3.4,1,GAAR,8,GAIN ON SALE OF SHARES,17,GAR-7,2,gas cylinder,1,GAZETTE NOTIFICATION,4,gdp,1,General anti avoidance rule,4,general insurance,1,general provident fund,1,generation company,1,GIFT BY NRI,5,gift deed to huf,8,gift from relative,14,gift in kind,15,gift on marriage,10,gift tax,19,gmail,2,Goal calculator,2,gold bond scheme,17,gold deposit scheme,9,GOLD LOAN,11,Gold Monetization Scheme,10,gold silver rates 10 years,4,Goods and Services Tax,22,GOODS TRANSPORT AGENCY ABETMENT,10,goods transport agency service tax,10,GOOGLE SEARCH,1,google tool bar,1,Gopal Kumar kedia,1,got approved from president,1,GOVT NOTIFICATION CST,2,gpf interest rate,5,gpf interest rate 8.6 %,1,gpf interest rate 8.8 %,1,gratuity,13,gratuity limit enhanced,6,Green-channel banking,1,GREETING CARD ONLINE,3,GROSS RECEIPT MEANING 44ab,7,GST,651,GST ADVANCE RULING,1,GST ASSESSMENT,1,GST CHALLAN,8,GST Council,1,GST INVOICE,15,GST ON INSURANCE PREMIUM,1,GST PAYMENT,7,GST RATE CHART,40,GST REFUND,4,GST REGISTRATION,7,GST RETURN,75,GST SUGGESTIONS,3,GST TDS,5,GTA,14,guarantee Nav,1,guidelines for selection of cases,3,gujrat vat act,2,half pay leave,1,HAPPY DIWALI,5,HAPPY NEW YEAR,6,HBA-HRA,8,hdfc bank,5,HDFC Credit Cards,1,Health care,2,Health insurance,19,health plans,4,health service,2,help on tax,1,HIGH VALUE TRANSACTION,6,HIGH-VALUE TRANSACTIONS,3,HIGHER SECONDARY CESS,6,HIGHER TDS WITHOUT PAN 01.04.2010,4,HINDU UNDIVIDED FAMILY,17,hiring motor vehicle,2,holi card,1,holiday,5,holiday on election day,4,holidys,2,Home insurance,5,home loab,1,HOME LOAN,40,hospitals,1,house budget,3,house completion,3,house loan 150000 or 30000,5,house loan and tax svaing,21,house loan at discounted rates,7,house loan on two houses,8,house loan reduuced,2,house property,10,house valuation,5,house wife,1,how to calculate income on salary,1,how to calculate new basic,1,how to calculate new da rate,5,how to claculate income on salary,9,how to file correction statement,6,HOW TO FILE RESPONSE TO INCOME TAX DEPARTMENT,1,how to fill date column in punjab vat form 18,2,HOW TO FILL ITR-2,3,how to fill tds challan 280,9,how to invest in Mutual funds,8,how to pay service tax online,4,HOW TO SELECT ITR FORMS,2,How to use atm,5,HRA and house loan,14,HRA AND TRANSPOT DEDUCTION IN Q4 SALRY RETURN,2,HRA CALCULATION,10,HRA CALCULATOR,11,HRA EXEMPTION,2,HRA EXEMTION,6,HRA FAQ,8,HSC ACC CODE,3,huf and 54B,5,HUF CAPITAL,6,HUF CONTRACT POWER,1,huf creation deed,4,HUF DEFINITION,5,huf formation,5,HUF KARTA,5,huf member name,2,HUF PARTITION,5,HUF TYPE,2,ICAI,66,icai suggestions,6,ICAI tool bar,5,ICDS,2,ICES,1,ICICI Bank's credit card,1,ICICIBANK CREDIT CARD,8,idfc infra bonds,3,ifci,3,IFRS,4,ifsc,1,iifl,2,immovable property,12,IMPACT OF GST,71,implementation of report,2,import,3,IMPORTANT DUE DATES,7,INCOME FROM HOUSE PROPERTY,24,Income from Mutual funds.,14,income from other source,1,income from share equity,15,income processing pending,1,Income tax,12,income tax slabs fy 2008-09,1,INCOME TAX ACT,2,INCOME TAX ACT EBOOK,2,income tax act tds 194C,3,Income tax benefit in budget,1,INCOME TAX CALCULATOR,23,INCOME TAX CALCULATOR 09-10,5,income tax calculator 12-13,2,Income tax calculator 2011-12,3,income tax case selection,1,income tax changes in budget 2010,1,income Tax circular,2,income tax circulars from 1961,1,income tax code 2009,1,income tax due date extended,5,INCOME TAX FORM FILLABLE,1,income tax forms,5,income tax help tool bar,2,income tax notice on late deposit of tds,1,Income tax notification,4,income tax notification from 1961,1,income tax office,4,income tax payment through atm,1,income tax rate chart. i tax rates 12-13,3,income tax rates after budget 2012,2,income tax rates fy 2013-14,1,income tax refund,32,income tax return,38,INCOME TAX RETURN 16-17,15,INCOME TAX RETURN 20-21,11,income tax return 2011-12,9,INCOME TAX RETURN 2015-16,65,Income Tax return 23-24,2,INCOME TAX RETURN AY 18-19,15,income tax return due date,20,INCOME TAX RETURN EXEMPTION,6,income tax return form,5,INCOME TAX RETURN FORM 12-13,16,INCOME TAX RETURN FORM EXCEL,4,income tax return form itr-2,1,income tax return last date,5,Income tax rules,7,INCOME TAX SLAB,12,income tax slab in dtc,1,income tax slabs,7,INCOME TAX SLABS AFTER BUDGET,4,income tax ules 9th amendment,1,INCOME WISE ITR FORMS,2,INCOME-TAX-RETURN-AY-17-18,18,INCOMETAX 6TH PAY,2,inconsistancies in etds returns,10,inconsistencies in etds returns,3,IND AS,1,ind-as,3,INDEMNITY BOND,1,India against corruption,3,india budget,2,INDIA VS AUS,1,India win world cup,1,INDIAN BANK CHARGES,7,INDIAN INCOME TAX CALCULATOR 2007-08,1,indian rupee,3,indirect tax proposals,4,INDIVIDUAL HUF TAX RATES,5,indusind bank,1,INFLATION INDEXED NATIONAL SAVING SECURITIES,1,infosys,1,infra bonds limit increased,1,infrastructure Bonds,13,inoperative accounts,8,INPUT SERVICES,4,INPUT TAX CREDIT,19,instruction no 9/2010,1,INSTRUCTION TO FILL ITR-2,1,Insurance,16,insurance claim,2,Insurance policy,10,intangible assets,1,INTER BANK MOBILE TRANSFER,7,inter haed loss adjustment,3,interest,1,interest free laon,2,Interest from bank,3,interest on borrowing capital,3,INTEREST ON HOUSE LOAN,37,INTEREST ON LATE DEPOSIT,13,INTEREST ON LATE GRATUITY PAYMENT,1,interest on ppf account,16,interest on self occupied house,1,interest on small savings,10,interest rate on late deposit,3,interest rate on tds late deposit,4,interest taxable on saving,3,interim budget,7,internal auditor,1,international taxation,7,INTIMATION U/S 143(1),6,Investing,4,Investment,5,investment in shares,2,Investment management,6,investment yogi,1,IPL 2011,1,ipo,5,IRDA,22,irds,1,it calculator 2009-10,1,itat,5,Itax calculator ay 2011-12,2,itax calculator fy 10-11,1,itns 280,2,itns 281,1,itns 282,1,itns 283,1,itns281,2,itr -3 excel 2010-11,1,ITR 11-12,2,itr 2 excel,2,itr 2 rpu,3,ITR 23-24,1,itr 4 e filing utility,4,itr 4 fy 2010-11,1,itr 4 rpu,1,ITR AY 18-19,15,ITR EFILING SOFTWARE,10,ITR FORM 12-13,5,itr form 13-14,16,itr form 2 ay 2011-12,1,itr form 2008-09,4,itr form 2011-12,4,itr form 2013-14,1,ITR FORM AY 19-20,7,ITR FORM SAHAJ,17,ITR FORM SELECTION,4,ITR FORM SUGAM,6,itr forms,24,itr forms ay 2009-10,4,ITR RPU 2010-11,2,ITR RPU AY 2008-09,2,ITR RPU AY 2009-10,1,ITR SOFTWARE,3,itr sugam,6,ITR V STATUS,4,ITR WORD FORMAT,1,ITR-1,2,itr-1 2010-11 ay,6,ITR-1 EXCEL 08-09,2,ITR-1 EXCEL 11-12,1,ITR-1 rpu in excel free,1,ITR-2 AY11-12,2,ITR-2 EXCEL 08-09,2,itr-2 excel 2010-11,4,ITR-2A,1,ITR-3 EXCEL 08-09 AND ITR 4 EXCEL 08-09,1,itr-3 rpu,1,itr-4 efiling .itr-5 efiling,5,ITR-4S SUGAM,4,ITR-5 EXCEL,2,itr-6,1,ITR-7,2,ITR-V,27,itr-v status,19,ITUR FORM SUGAM,1,jan 2012 da rate,3,jan lokpal bill,5,jan lokpal vs lokpal bill,2,JAVA BASED INCOME TAX RETURN FORMS,1,JCO,1,Jewellery,6,job switch,2,Job work,11,joint employment,1,joint name,4,judicial decision,1,karnataka high court case,5,key highlights,1,kisan vikas patar,4,KKC,3,KNOW ALL ABOUT TDS,1,KNOW PAN STRUCTURE,7,know the ip address of sender yahoo mail,3,KNOW YOUR,10,KNOW YOUR CST NUMBER,5,know your customer,6,KNOW YOUR DIVISION CODE,1,know your epf balance,12,know your ip address,1,KNOW YOUR LOCATION CODE,2,know your pan,28,know your pan address,2,KNOW YOUR PPF,12,know your refund status,20,KNOW YOUR REFUND STATUS ONLINE,10,KNOW YOUR SERVICE TAX NUMBER,9,know your tax deducted,2,know your tax deposited,2,KNOW YOUR TIN,8,KNOW YOUR VAT/TIN NUMBER,4,Krishi Kalyan Cess,15,krishu kalyan cess,1,KV Kamath,1,kvp,7,kyc,13,LAHMAN BROTHERS,1,land lord pan must,2,laptop,1,LARGE TRANSACTION,3,last date to deposit tds,1,LAST DATE TO FILE ETDS RETURNS,2,last date to file itr 2007-08 extended,1,late deposit of tds,2,LATE FILING OF ITR-V,20,late funishing of return,5,late payment of service tax,4,latest depreciation rates,9,latest income tax circulars,1,latest income tax notification,1,latest notification,3,latest tds rate chart,24,leave,2,leave encashment,10,LEAVE TRAVEL ASSISTANCE,7,Leave Travel concession,8,less,1,liaison office,1,lic,8,lic jeevan vaibhav,1,LIC JEEVAN VRIDDHI,2,lic table 145,1,Life insurance,49,life insurance agent,10,life insurance broker,4,LIFE INSURANCE POLICY,41,LIFE INSURANCE POLICY AND TAX SAVING,21,LIFE INSURANCE PREMIUM,19,Limit for court case,3,Limit of gratuity under income tax,6,LIMIT UNDER SECTION 44AF,2,LIMITED LIABILITY PARTNERSHIP,8,liquidity crises,2,list of taxable service,2,LIVE BUDGET STREAM 2011,1,LLP,9,LLP RATES,1,loan against fdr,4,loan against property,2,loan eligibility,2,loan for higher education,3,LOAN ON PPF,5,loan repayment period calculator,1,LOAN RESOLUTION,1,LOAN SECURITISATION,1,Lok sabha election results/trends all states and all seat,4,lokpal bill,2,long term capital gain,22,low cost laptop,1,lpg,6,lt infra bonds,1,LTC BY AIR,7,LTC OUTSIDE INDIA,2,LTCG,9,lucknow chartered accountants,1,macro,2,Mahila Samman Bachat Patra,2,mail frauds,1,mail scams,1,mandap keeper,5,mandatory e filing service tax return,15,mandatory epayment of taxes,12,Manoj Agarwal,9,manpower,9,marked to market,1,marketable product,1,MasterCard,6,mat,3,maternity leave,3,MCA-21,15,McDowell and Co. Ltd. (154 ITR 148),1,meaning of transfer in capital gain,1,meanings of finance terms,6,medical insurance premium,14,MEDICAL OFFICER,3,medical u/s 80D,28,MEET,1,MENREGA,1,merge ledger in tally,1,MICR CODE,5,Microsoft,5,Microsoft Excel,7,military pay,2,minimum alternative tax,9,minimum balance,5,minimum experiance for bank branch auditor,1,minimum experience for bank branch auditor,1,minimum service,1,minimum wages,5,Minor income,2,mip,1,mis matching,12,MISTAKES IN ETDS RETURN,5,mistakes in itr,1,mistakes in return filling,1,MIXED SUPPLY,2,Mobile Number Portability,5,MOBILE WALLET,1,Money,3,MONEY MATTERS CASE,1,Money Mistake,2,monthly income plans,3,monthly income scheme,8,MOTOR INSURANCE,2,MRTP,2,ms excel,1,MS OFFICE,2,MSME,4,multipal challan,2,multiple pan,2,Mutual Fund,58,mutual funds and tax,29,MVAT AUDIT,7,mvat audit form 704,4,Nabard Bonds,2,name break up in pan,1,nandan nilekeni,1,NATIONAL ELECTRONIC FUND TRANSFER,1,National Identification Authority,1,NATIONAL SAVING CERTIFICATE,3,NAV,1,NEFT,11,NEGATIVE LIST FOR TAX ON SERVICES,31,Net asset value,3,net banking,3,new excise return form,3,new 194 c,5,NEW BASE RATE INTEREST,1,NEW BASIC AND GRADE PAY,2,new basic formula,1,new coin,1,new cut off limit for TDS,2,new da rate,10,new deduction,3,NEW EST-1,1,new etds requirement,1,NEW EXCISE DUTY ITEMS,2,New Foreign Trade Policy,4,NEW FORM ITR FY 2010-11,1,new fuv 2.110,1,new fvu 2.128,3,new income tax act,1,new income tax calculator,5,NEW INCOME TAX RATES,30,new income tax return form 2010-11 itr-1,3,new income tax return form 2010-12 itr-1,1,New Infosys Chairman,1,new itr form,6,NEW ITR FORM AY 2011-12,3,new itr forms,14,NEW ITR FORMS EXCEL,6,new jeewan dhalan,2,NEW PAN APPLICATION,13,NEW PAN CARD,8,NEW PARTNER ADDED,1,NEW PAY BAND,2,NEW PAY SCALE FOR UNIVERSITIES COLLEGES,1,NEW PAYSCALE FOR PROFESSOR LIBRARIAN DPE,1,new pension scheme to govt employee,16,NEW RUPEE SYMBOL,5,new rupee symbol font,2,new sahaJ tax form,5,new section 44AF,2,new service tax rate 12.36,6,NEW SERVICES UNDER SERVICE TAX,8,new tax form,1,NEW TAX RATES,5,new tds rate 2010-11,10,new tds rates fy 2009-10,11,new tds rules applicable.,8,NEW TDS RULES FY 2010-11,4,New Year's Day,1,newly weds,1,nhai bonds,4,nhai capital gain bond,4,nhai tax free bonds,4,nifty,1,nil etds challan,4,nil etds return,5,nil tds on transportor,5,Nishant Batra,2,no return for salary,2,No.402/92/2006-MC (10 of 2008),1,nomination,1,non deduction certificate,1,non deposit of TDS,1,non performing assets,1,NON RESIDENT INDIAN,16,NOR,1,note security features,3,NOTES ON 3CD,10,notice of meeting through email company,1,notice pay,5,notices etds,2,notification 19/2008 service tax,1,Notification 19/2009-ST,1,notification 22/2011,1,notification 23/2011,1,notification 24,1,NOTIFICATION 25/2012,7,Notification 26/2011,1,notification 3-2011,1,notification 32/2009 dated 27.03.2009,1,NOTIFICATION 36/2011,2,NOTIFICATION 41 DT 31.05.2010,1,notification19.03.2012,2,npa norms,3,NPCI,1,NPS,39,NRI,29,nri investment indua,4,NRI.PIO,17,NSC ACCRUED INTEREST,16,NSC INTEREST CALCULATOR,9,nsc.,12,NSDL,4,NSE,2,NUMBER TO TEXT,1,numbers in to text,1,OCI,3,official notification,1,official website,2,oidar,1,oltas,4,one increment,2,ONE RANK ONE PENSION,1,one thousand rupee note,2,online,1,ONLINE BALANCE CHECK EPF,4,online bsnl bill verification,2,online deposit of tax,7,online earning,1,online emi calculator,1,online employee provident fund,3,online epf balcnce,8,online filing of service tax return,14,ONLINE FOREX TRADING,1,online life insurance,6,ONLINE PAN,3,online pan verification,3,online rectification itr,2,online refund,16,ONLINE REFUND STATUS,7,ONLINE REGISTRATION OF COMPANY,2,online return rectification,2,online service tax,2,online services by Govt,1,ONLINE ST-3,7,online tan regsitration,6,online tds payment,4,ONLINE VAT,2,opc,2,OPEN OFFER,1,option date,2,orop,1,other forms,1,other income to employer,4,out of debt,2,OUTPUT SERVICE TAX CREDIT,1,OUTSTATION CHARGES,2,own name,1,PACKAGE SOFTWARE,2,PAN,6,PAN ADDRESS,5,pan and income tax return,1,PAN AO CODE,6,pan application excel,4,pan correction,2,pan details,1,PAN LEDGER,8,pan login,7,pan mandatory for hra,2,pan mandatory in etds,2,pan name verificatio,3,PAN ON RENT RECIPT,1,pan regsitration,2,PAN STATUS NSDL,2,PAN STATUS UTI,1,PAN STRUCTURE,4,PAN SURRENDER,2,pan transfer,1,pan verification,8,pan vs return,1,parcel,1,PARNERSHIP,1,part time course tuition fees,3,part of the year employee form 16,2,part of the year employee form 24q,3,partial reverse charge in service tax,25,partial withdrawal,3,partner salary,5,PARTNERSHIP DEED,5,PARTNERSHIP RATES,1,passport,1,PASSWORD,4,PATENT,1,pay bands,3,Pay calculator,3,pay calculator revised,1,pay commission punjab,1,pay fixation examples,2,pay per post,1,PAY SERVICE TAX ON DUE BASIS,5,payable at par,1,paybands,1,payment bank,1,PAYMENT BY ACCOUNT PAYEE CHEQUE,4,payment by cheque income tax,2,payment due date reminder,1,payment exceeding 20000-35000,1,payment of gratuity act,6,paypal,1,paypal ceiling,1,PDF UTILITY,4,penalty for service tax,8,penalty if cheque cleared late,4,penalty on concealment of Income,7,penalty on late filing non filing of etds return,8,penalty on late filing of income tax return,21,pension,14,pension arrear,2,pension calculator,4,pension da,1,pension fitment,1,pension gazette notification,1,pension notification,1,pension on grade pay military pay,2,pension policy,3,pensioner benefit,3,Permanent account number,8,PERSONAL ACCIDENT INSURANCE,3,personal finance software,3,personal loan,6,PETROL DIESAL SAVE FISCAL DEFICIT,8,PETROL DIESEL PRICE HIKED,12,PETROL EXPENSES VALUATION,8,petrol prices reduced,5,PFC,1,PFC INFRA BONDS,2,PFC TAX FREE BONDS,2,pfrda,2,PHONE BANKING,2,phone password,1,pin,1,pivot tables,3,Place of Provision of Services Rules,4,PLAYER AUCTION,1,pmay,7,pmjdy,11,PMS,2,pmvvy,2,pnr,1,Point of sale,8,POINT OF TAXATION,45,political party deduction,2,Poppy Seeds,1,portfolio,1,POST GRADUATE TEACHER,1,post office fixed deposit,9,post office recurring deposit,10,post office saving deposit account,6,post office schemes,15,postal ballots,1,postal order,2,POWER FINANCE BONDS,2,POWER OF ATTORNEY,1,PPF,39,PPF CALCULATOR,16,ppf huf account,4,ppf interest rate,19,ppf limit,25,ppp,1,ppt,8,ppt fbt,3,ppt on budget 2011,1,PPT UP VAT,1,pranav mukharjee,1,pre construction interest,3,PRE EXISTING E-1 TRANSACTIONS,1,pre filled challan income tax,1,prepayment,1,prepayment penalty,4,press release,1,press release 14.08.2008,3,presumptive tax scheme,15,preventive health check up,4,PRIMARY TEACHER,1,PRINCIPAL,1,printing manual,1,private limited company,10,PROF. TAX,1,profession tax,2,PROFIT RATE UNDER 44AF,1,provident fund dues,1,PROVISION OF FBT ON ESOP,1,provisioning of npa,2,PSPCL,1,PSTCL,1,PSU PAY HIKE,2,public limited company,2,public provided fund,9,PUBLIC SHARE HOLDING IN LISTED COMPANY,2,punjab govt arrear calculator,1,PUNJAB VAT,21,punjab vat notification,16,purchase of residential house,1,pure agent,1,qfi,1,quarterly statement status,3,QUIZ,9,rail freight,6,railway budget,12,railway budget 2012,2,railway ticket,9,RAILWAYS BUDGET 09-10,2,RAILWAYS BUDGET 11-12,1,rajiv gandhi equity saving scheme,13,RAJKUMAR S ADUKIA,4,ramalingam,15,Rate of return,1,RATES AFTER BUDGET,1,rates of service tax,3,rbi,83,RBI ACT,22,RBI Circular on e-payment of taxes,2,RBI FALSE CALLS,9,RBI FALSE MAIL,5,RBI INSTRUCTIONS GAR-7,1,RBI MONETARY POLICY,13,rbi monetary policy 2012,2,RBI NOTIFICATIONS,7,rbi report on customer services,2,ready reckoner income tax,4,REAL ESTATE,10,Real Estate Investments,4,REAL TIME GROSS SETTELEMENT,1,reason for mis matching,6,REBATE ON INPUT GOODS AND SERVICE,3,REC Bonds,3,rec infra bonds,1,rec tax free bonds,2,recent,210,rectification of return online,4,reducction in crr,1,refinance calculator,3,refund,8,refund due to diff in valuation of perquisites,3,refund of service tax on cancellation of tickets,4,refund pilot scheme,4,refund without matching,6,registration charges tax saving,1,RELIANCE COMMERCIAL FINANCE,1,RELIANCE GOLD LOAN,3,RELIANCE LIFE INSURANCE,3,RELIANCE MUTUAL FUNDS,1,relief calculator 2010-11,1,relief calculator fy 2011-12,1,REMUNERATION TO PARTNERS,8,RENT,1,rent a cab,2,RENT RECIPT,1,RENTING OF IMMOVABLE PROPERTY AFTER 01.07.2012,8,RENTING OF IMMOVABLE PROPERTY AFTER BUDGET 2010,5,repayment of housing loan,1,REPLY TO CPC FOR NOTICE,11,REPO RATE,12,Reserve Bank of India,2,reset password,1,RESIDENTIAL STATUS,4,RESOLUTIONS,1,response to outstanding demands,3,RESTAURANT,10,restricted leave,1,retail investor,4,retirement planning,9,retirement steps,2,Retiring early,1,retrospective amendment,1,RETURN EXEMPTION SALARIED CLASS UP TO 5 LAKH,6,RETURN FILING DATES,1,return filing in odd conditions,1,return for contractors tax deducted,1,return not required with pan,1,return of income,1,RETURN PROCESSING,4,RETURN UP TO 5 LAKH,5,RETURN UPTO 5 LAKH,2,REVENUE STAMP ON CHEQUE PAYMENT,4,REVENUE STAP ON RECEIPT,1,reverse charge on works contract,17,REVERSE CHARGE GST,57,reverse charge of service tax,43,reverse mortgage,3,reverse of 80C benefits,3,REVERSE REPO RATE,12,REVISE RETURN,4,revised option date,1,revised pay calculator,3,revised return,6,REVISED SCALE,1,rewards,1,rgess,9,rich,1,right to reject,2,RPF,5,rpu,9,rpu 1.7,1,rpu 2.2,2,rpu 2.5,1,rpu 2.7,1,RPU 3.00,1,rpu 3.1,1,RPU ITR 2011-12,1,rpu2.8,1,RTGS,13,rti,2,rti fees,2,rule 12 of income tax return.,10,RULE 2A,1,rule 4A,2,rule 6(4A),1,rule 6(b),2,rule 6DD,5,rule of 72,1,rule3,2,rule40BA,1,Rupay,2,RUPEE SYMBOL,4,s,1,safety tips for atm,4,SAHRE SHORT TERM CATIAL GAIN,6,salary calculator,7,SALARY ETDS Q4,5,salary in new direct tax code,1,salary structure,3,salary tds,8,sale in transit,4,sale of agriculture land,8,SALE OF DEBENTURE,1,sale of residential house,2,SALES MEANING 44AB,5,Sales tax,1,samsung case,3,saral 2,3,saral II,1,SARAL II IN EXCEL,1,Satyam,1,Satyamevjayate,1,SAVE TAX,2,SAVING ACCOUNT,6,saving bank interest,18,saving bank interest rate,2,saving linit u/s 80c,8,saving more than income,2,SAVING PASSBOOK,1,sbi 9.75 % bonds,1,SBI bonds,1,sbi home loan,4,SBI interest rates,10,sbi net banking,4,sbi rates,6,SBIOAHC,1,SBS WIKI,1,SCAM,2,schedule VI companies act,2,SCOPE OF ETDS STATEMENT,1,SCOPE OF SERVICE ENLARGED,1,SCOPE OF SERVICES WIDENED,1,scrutiny fy 11-12,3,scrutiny selection,17,search income tax,5,seat wise/constituencies wise and party and party candidate wise latest position,1,sebi,24,SEC 194 C,5,SEC 194 I,10,sec 194 J,4,secion 80c,4,SECRETARIAL STANDARD,3,secrutiny of itr,1,section 10(10AA),1,SECTION 10(13A),4,section 10(38),3,SECTION 10(5),1,section 139(1),1,section 139(4),1,section 139(5),1,Section 14,1,SECTION 145,3,section 154 return online income tax,4,section 16(iii),1,section 189,1,section 192,8,section 194-J,6,SECTION 194A,4,section 195,11,SECTION 195A,1,section 197,5,SECTION 2(37A),1,section 201(1A),3,section 203(3) section 206(C)(5),5,section 205,1,SECTION 24(b),8,section 269SS 269T,6,section 270A,5,section 271(1)(c),1,section 282B,1,Section 36(1)(vii),1,section 40(a)(ia),13,SECTION 40A(3),12,section 43(5),1,SECTION 44AB 2007-08 LAST DATE,4,section 44AB limit,14,SECTION 44AE,6,SECTION 44AF,2,Section 50,1,Section 50C,2,section 54,30,section 54f,9,SECTION 60,1,section 616(c),1,SECTION 64,1,section 66B service tax,4,section 68,2,Section 73,1,section 80 M,2,section 80c,3,section 80CCF,7,section 80D,18,section 80E,9,secured code master card,5,Securities and Exchange Board of India,1,security features,1,sehaj,1,self assessment tax,5,Seminar on service tax changes,1,Senior citizen,19,Senior Citizens Savings Scheme 2004,19,service charge,3,service ta,1,SERVICE TAX,45,service tax code,1,Service Tax (Removal of Difficulty) Order,1,SERVICE TAX 2010,1,service tax ac class,1,service tax accounting code,5,service tax adjustment,1,service tax audit,10,SERVICE TAX CHANGES FROM 01.07.2012,46,service tax changes in budget,58,Service TAX CLARIFICATION,17,SERVICE TAX COMPLIANCE,1,SERVICE TAX DEPOSIT DUE DATE,9,SERVICE TAX DUE DATE,6,Service Tax excel pdf word,1,SERVICE TAX EXEMPTION LIMIT,9,Service Tax Form excel pdf word,3,SERVICE TAX FORMS,1,service tax internet banking,1,service tax notifications,5,SERVICE TAX ON LAW FIRM ADVOCATES,3,service tax on transportation of passengers by air,2,service tax on advocates,5,SERVICE TAX ON BROKERAGE,2,service tax on ca,2,service tax on coaching,4,service tax on construction services,23,service tax on director services,5,SERVICE TAX ON DISTRIBUTION OF ELECTRICITY,2,SERVICE TAX ON EDUCATIONAL SERVICES,4,service tax on gta,7,service tax on health services,4,service tax on hotel clarification,12,SERVICE TAX ON HOTEL ROOM RENT,10,service tax on invoice basis,5,service tax on lawyers,1,SERVICE TAX ON LEASING,1,SERVICE TAX ON PACKAGE SOFTWARE,1,service tax on railway freight,8,SERVICE TAX ON RENT,6,service tax on road,4,service tax on transmission distribution of electricity,4,service tax on work contract tax,9,service tax on wrong head,1,service tax onr eimbursements,1,SERVICE TAX PAYMENT,6,SERVICE TAX PROCEDURES,3,SERVICE TAX RATE CHART,12,service tax rate effective date,12,service tax rate reduced,5,service tax rates increased,21,SERVICE TAX REGISTRATION,12,SERVICE TAX REGISTRATION LIMIT,4,SERVICE TAX RETURN,34,SERVICE TAX RULES,11,service tax section 65(105)m,1,SERVICE TAX VOLUNTARY COMPLIANCE ENCOURAGEMENT SCHEME,17,SERVICES CHARGES OF BANKS,2,SERVICES TAXABLE,5,servicetax,1,set off in same head or other head.,10,sevice tax on associate enterprises,2,sez,6,share,3,share market,3,SHARE SHORT TERM Capital GAIN,10,share transfer,1,share your thoughts,1,SHOME COMMITTEE REPORT,3,Short term capital gain depreciable Assets,1,SHORT TDS,1,SHORT TERM ACCOMMODATION,1,short term capital gain 15 %,10,silver,1,SIM CARD,2,SIMPLE TAX CALCULATOR,2,single premium policy,2,sip,8,SIXTH COMMISSION,2,sixth pay commission,17,skimming,1,slider based EMI calculator,1,SLR,4,small saving schemes,18,small service provider,1,smart buying tips,1,software import,1,son eduction loan father,1,speak asia,3,speak asia fraud,2,speak asia online,2,speed clearing,3,spending habits,1,SPF,8,splitting of wages,2,Spreadsheet,2,SRVICE TAX CLARIFICATION,9,ss patta,1,ST-1 EXCEL,4,ST-2,2,ST-3,12,stamp duty,3,STANDARD DEDUCTION,6,standing committee,1,startup india,2,State Bank of India (SBI) Cards,1,status of return,1,STATUS OF TAX DEDUCTED,1,statutory audit,7,stay on demand notices,4,STCG 10% 15%,12,STGC,1,Stock,1,STOCK EXCHANGE,1,STOCK MARKET FROM 9.00 AM.,1,STOCK MARKETS,1,stp,1,STRUCTURE AND VALIDATION OF PERMANENT ACCOUNT NUMBER,2,stt,7,stt challan,1,sub contractor,3,SUBPRIME CRISES,2,success secrets,1,sugam,4,Suggestion on Budget-23,35,Sukanya Samriddhi Account,11,SUPREME COURT,2,SUPREME COURT RENT,7,sur name in pan,1,surcharge cess on tds,4,Surrender-Cancellation of Service Tax Registration,1,survey income tax,5,SWACHH BHARAT CESS,12,swiss bank,1,Systematic Investment Plan,6,tally 7.2,3,tally 9,5,tally easy,3,tally erp9,6,tally recycle bin,3,tally shortcut,10,tally simple,8,tally tips,5,TAN,3,TAN STRUCTURE,1,Tariff Value,1,Tax saving,4,tax accounting standards,4,TAX AMNESTY SCHEME,4,tax benefit from budget,2,TAX CALCULATION,4,TAX CALCULATION 2008-09,1,TAX CALCULATION FORMULA ADDIN EXCEL,2,TAX CALCULATOR,1,tax calculator 10-11,2,TAX CALCULATOR 2008-09,1,tax calculator 2010-11,2,tax calculator after budget 2011,1,tax calculator financial year 10-11,1,tax calculator fy 11-12,1,tax calculator income tax,1,tax collection,3,Tax credit,5,TAX DEDUCTED AT SOURCE CALCULATOR (TDS)2007-08,2,tax deducted at source return etds,3,Tax deduction,7,tax deduction at source chart,1,TAX EVASION,1,Tax free bonds,7,TAX ON ARRERS,1,tax on due date by cheque,2,tax on perquisite,4,TAX ON PROVIDENT FUND,2,tax payment by internet,1,tax payment from other's account,1,tax payment online,1,tax planning for salary,5,TAX RATES,2,tax rates changes in budget 2011,2,tax rates in new tax code,2,tax return preparer,1,tax saving capital gain,3,tax saving mutual funds,17,tax saving tips,1,TAX SLABS,7,tax through atm,2,tax yogi,3,taxable allowances,6,Taxation,1,Taxation in India,1,TAXES BY INTERNET,1,TAXMANN,4,TAXPRO CHALLAN,2,tcs on gold,11,tcs on jewellery,8,TCS ON MINERALS,2,tcs rate chart,5,TCS RATES,15,tds certificate,2,tds 194I Limit for deduction,7,tds at less rate,6,tds calculations,2,tds calculator,11,tds calculator after 1.10.2009,1,TDS CERTIFICATE,6,tds challan 281,5,tds chart,1,TDS CORRECTION,3,TDS CREDIT MORE TAN ONE YEAR,4,tds cut off limit changed,1,tds deducted in march,8,TDS DEFAULT BY EMPLOYER,2,tds deposited on time,2,tds due date,5,tds man,4,tds matching,5,tds noitce,1,tds not deducted penalty,5,tds not paid,1,TDS ON BANK INTEREST,1,tds on car charges,1,TDS ON COLD STORAGE RENT,4,tds on commission,2,tds on discount on prepaid cards,1,TDS on e-commerce,1,TDS ON EPF,2,tds on fees,1,TDS ON GST,6,tds on immovable property,19,TDS ON INTEREST,5,tds on job work,2,tds on Non resident,10,tds on players,3,tds on professional services,6,tds on rent,13,tds on royalty,6,TDS on salary,36,tds on sale purchase of property,1,tds on service tax,9,tds on service tax on professional services,4,tds on service tax u/s 194-J,7,tds on taxi hire charges,3,tds on technical services,1,tds on transporter,5,tds on transportor,2,tds on travel agent,1,tds on umpires,1,tds on vehicles,1,tds online,1,tds payment online,1,tds payment online mandatory,2,TDS PRESENTATION,1,tds professionals,1,TDS PROVISIONS,1,TDS RATE 10-11 -TDS DEPOSIT TDS RETURN DUE DATE DOWNLOAD PDF,3,tds rate 2011-12,1,tds rate 2012-13,5,tds rate after budget,4,tds rate chart,17,TDS RATE CHART 11-12,5,tds rate chart 2019-20,1,tds rate chart fy 2014-15,1,tds rate chart fy12-13,1,TDS RATE WITHOUT PAN,3,TDS RATES,32,tds rates 07-08 EXCEL,3,tds rates 09-10 FY,6,TDS RATES 10-11,11,tds rates 2012,4,tds rates after budget 2010,2,TDS RATES ASSESSMENT YEAR 2011-12,4,tds rates chart 10-11,2,TDS RATES DIRECT TAX CODE,2,TDS RATES FOR AY 2010-11,2,tds rates fy 2016-17,3,TDS RATES FY 2017-18,3,TDS RATES FY 2018-19,1,TDS REFUND,11,tds return online free,3,tds rules amendment,4,tds salary rate,3,tds section 194C,9,tds software,1,tds statement,2,tds taxi charges,1,tds u/s 194C,6,TDS U/S 195,8,tds verification,2,TDSCPC,28,tdsman,15,tdsman software,13,TEACHER PAY SCALE,1,TERM DEPOSIT,3,TERM INSURANCE,8,term plan,2,The companies act 2013,132,The companies rules,115,THIN CAPITALISATION,1,third party insurance,2,ticket booking tds,2,time deposit,2,times prime membership,1,TIMING CHANGE,1,tin structure,2,tin-nsdl,14,tin-nsdl free etds statement software,3,TIN-NSDL.TIN NSDL FORM 16,4,TOLL FEES,1,tool bar for Chartered Accountants,5,TOP BANK OFFICIAL CBI ARREST,1,TR-6,1,traces,15,TRADEMARK,2,trading in shares,7,transaction not transfer,1,transfer fee,1,transfer includes,2,transfer loan from one bank to other,1,transport allownace,6,transport of goods by rail,5,travel agent tds,1,tribunal,1,trp,1,tuition fees,7,tuition fees children,2,TURNOVER MEANING 44AB,8,two challan in same month,1,uan,12,ubislate,1,UDYAM PORTAL,1,UGC PAY SCALES,1,uid,10,uidai,5,ulip,29,ULIP AFTER BUDGET,5,ulp,2,unclaimed deposits,5,undeliverd refund status,1,undelivered refund status,4,uniform allowance,2,union budget 2010,1,union budget 2011,2,union budget 2012,5,union budget 2012-13,29,unique identity number,5,unique tds certificate number,2,Unique trasaction number,3,unit linked insurance plan,6,UNIVERSAL ACCOUNT NUMBER,3,universal life plans,1,unsecured non convertible debentures,4,up election,3,UP VAT,2,UPI,1,USA,1,use of tally,1,uti pan card,3,UTN,5,V S Vadivel FCA ACS,1,vacant house,1,valuation of motor car,5,valuation of perquisites,16,valuation of perquisities,11,valuation of rent free house accommodation,5,valuation of works contract 01.07.2012,11,VALUE ADDED TAX,5,VAT,8,vat 11 digit detail,2,VAT ACT,3,VAT AND SERVICE TAX ON SOFTWARE,2,VAT DEFULTERS,1,VAT FORMS,2,VAT LATEST RULES,3,VAT MEANING,1,VAT NUMBER PUNJAB,1,vat on petrol,3,vat rate 4 to 5 %,1,vat rate changes punjab,3,VAT RATES,2,VAT RULES,1,VAT SCHEDULE,1,VAT TDS ON WORK CONTRACT,4,VAT UP AT A GLANCE,1,VCES,7,verified by Visa,3,VERIFY EXCISE CODE,1,verify pan,2,VERIFY SERVICE TAX CODE,7,VERIFY YOUR SERVICE TAX DEPOSIT,1,video,14,VIEW 26AS,7,VIEW YOUR TAX CREDIT,6,view your taxes online,5,Visa,4,VISHAL-REHEJA,1,vodafone,2,WAGES,3,ward circle,2,wealth tax,8,WEBCAST OF BUDGET 2011 ON COMPUTER,2,weighted scientific research deduction,2,what do u mean by micr,2,what does 10 digits of pan card indicates,1,what does each letter in pan number indicate,1,WHAT IS CHEAPER,1,what is company code 0020,1,WHAT IS DEARER,1,what is micr code,2,what is neft,5,what is PAN,1,WHAT IS STC,3,what is the meaning of rtgs,3,whatsapp,1,WHEAT AND PADDY,1,white paper,1,who can file sahaj.,10,who can sign income tax return,2,who can use itr-2,4,WIFE'S POLICY PREMIUM,2,wifes name,2,WILL,5,window dressing,1,without consideration,1,work contract service tax,16,working capital,1,Workmens Compensation Act,3,WORKS CONTRACT,3,wrong accounting code in service tax,1,wrong assessment year in challan,4,wrong head on challan,2,wrong name error in e filing registration,7,WRONG NAME IN ETDS RETURN,2,wrong pan on challan,2,wrong pan while deposit,1,wrong section on challan,3,www.satyamevjayate.in,1,xbrl,5,XLSX,2,ynitya income tax calculator,22,YouTube,1,
ltr
item
SIMPLE TAX INDIA: CAPITAL GAINS ACCOUNT SCHEME (CGAS): save capital gain tax
CAPITAL GAINS ACCOUNT SCHEME (CGAS): save capital gain tax
http://1.bp.blogspot.com/-g7lPgv-2Gws/Sqh39BHHyII/AAAAAAAABFU/zroiMY2EJ94/s320/cost+inflation+index+1981-2010.GIF
http://1.bp.blogspot.com/-g7lPgv-2Gws/Sqh39BHHyII/AAAAAAAABFU/zroiMY2EJ94/s72-c/cost+inflation+index+1981-2010.GIF
SIMPLE TAX INDIA
https://www.simpletaxindia.net/2011/06/capital-gains-account-scheme-cgas-save.html
https://www.simpletaxindia.net/
https://www.simpletaxindia.net/
https://www.simpletaxindia.net/2011/06/capital-gains-account-scheme-cgas-save.html
true
2004257931445490362
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content