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Karthik S
My mother had purchased asian paints stocks in 1990s. Now she wants to sell 150 shares at the rate of 1400. How is the long term capital gains calculated on this?
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You need to find its value for 31.1 and take it as cost and then find capital gain and if the gain is above 100000 then only it will be taxed.
If you need any assistance you can mail me at canamanmaloo@gmail.com
Thank you sir
T&C applyA
Ajit
Is EPS pension eligible for standard deduction benefit? If yes, who is to be shown as employer?
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Dinil P
Hi, I am an NRI working in Dubai. I want to start a design studio in Bangalore, mainly focused on product design, development, and production of fashion accessories.
What are the requirements and procedures?
Is having a partner compulsory?
Dinil, you need to tell that whether you want to incorporate a company or a LLP or partnership firm or work individually.
The answer to your question depends on these parameters.
You can contact vmassociates2017@yahoo.com
D
Dinil P
Hi, I am a NRI working in Dubai, I want to start a design studio in bangalore, India. The company will be focused on product design.
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Jyothidas
21-Apr-2007 : Agreement of Construction and Sale - Mutually settled and agreed sale consideration of Rs.28,00,000/- inclusive of Electrical Meter Deposit, proportionate expense for installation of transformer, municipal water tap connection, lift and registration expenses.
08-May-2007: Work order - Agreement for work order for the following, charged at Rs.20,99,000/-
1. Change of internal completed walls
2. Main door with fine teak wood
3. Plumbing sanitary changes
4. Electrification and Transformer
5. Change of door frames, window frames & window shutters in all rooms
6. Luppum finishing
7. Safety Grills
8. Change of Flooring Marble in Bed rooms
9. Vitrified in hall and wood flooring in dining
10. Change of kitchen platform with granite
11. Change of tiles in bathrooms and kitchen
25-May-2007: Sale deed - Convey the scheduled flat in favor of the vendee in the semi-furnished stage for sale consideration of Rs.6,70,000/- and complete the work thereafter.
25-May-2007: Construction Agreement - for the balance pending work
As on today, the sale of this flat is under progress and the sale consideration in sale deed is Rs.25,00,000/- . However, the flat is been sold for Rs.42,00,000/- (I will be receiving the cheque for this 42L)
Let me know how much is my capital gain and what are the methods to avoid capital gain tax.
