Tax Laws In India
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Tax Laws India
Abhishek Raja
Chm. No51, IInd Flr, A-215, Chawla Comple Street No-1, Main Vikas Marg Shakarpur
New Delhi, Delhi, 110092
India
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Completed contract method of accounting adopted by chit company for chit discount valid. Assessee becoming owner of land through operation of law Capital gains tax cannot be charged. Assessee marking profits in chemical unit and incurring loss in oil unit Gross total income should include both profit and chemical unit and loss in oil unit If result is nil, assesseenot entitled to deductions under chap VI-A.CONTENT
This web site had the following in the homepage, "Completed contract method of accounting adopted by chit company for chit discount valid." Our analyzers noticed that the web site stated " Assessee becoming owner of land through operation of law Capital gains tax cannot be charged." The Website also said " Assessee marking profits in chemical unit and incurring loss in oil unit Gross total income should include both profit and chemical unit and loss in oil unit If result is nil, assesseenot entitled to deductions under chap VI-A."VIEW SIMILAR BUSINESSES
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