Company Tax
Dear Everyone,
My company(a construction and real
estate pvt ltd company) was formed
on 13th feb 2006,we had bought a
property on 21st march 2006 and
sold the same on 1st june 2006,
then the proceeds of the sale we
reinvested in buying 2 shops and
started earning rents from the shops
from 01st oct 2006.
Now my question is am i liable to pay
short term capital gain tax or can we
show this transcation as stock in
trade and pay minimal tax, i need to
save tax...please suggest the best
answer where i can save a lot of tax.
Asked on 8/12/07, 12:03 pm
1 Answer from Attorneys
Homi Maratha
N.N. Maratha & Co.-Advocates
Re: Company Tax
please contact personally
charges applicable
Answered on 8/13/07, 6:37 am
Related Questions & Answers
-
Legal Query We were running a pharmaceutical unit having central excise... Asked 8/04/07, 6:09 am in India Tax and Taxation Law
-
Tax deducted at source on salary My Employeer had deducted tax on my salary for the... Asked 7/09/07, 8:41 am in India Tax and Taxation Law
-
Change of name not reported Sir, i changed my name from ''a'' to--''z''--in 1993 and... Asked 7/05/07, 10:07 am in India Tax and Taxation Law
-
Service tax a commercial property is leased out to a BPO. Does the licencee have to... Asked 6/29/07, 6:32 am in India Tax and Taxation Law
-
To start a consuktancy/ service firm Sir, I am already working With some... Asked 6/24/07, 1:58 am in India Tax and Taxation Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
