Pro Realtors presents: Workshop: Capital gains & TDS – a discussion with Mr.Vimal Punmiya

Are you confused about the capital gains tax or TDS? Want to know how to calculate the capital gains and the implication of TDS on rental transactions? Get answers to all your queries at this discussion with Mr.Vimal Punmiya

Who is this for?Real estate consultants who want to understand capital gains tax and TDS.

Who is this not for?Part-time real estate consultants.

2 reasons why a realtor should attend?

1. Understand and guide clients on capital gains tax
2. Understand and guide clients on TDS related queries

Contents:

A) Capital gains tax

1) Capital gain tax for sale on secondary sale & under construction property.

2) What is capital gain?

3) Calculation of capital gain in various circumstances: Inherited. Pagdi. Purchased.

4) Reinvestment of capital gain - and how it is to be offset.

5) Time frame for reinvestment.

B) Service tax & TDS for rental transaction.

1) When is TDS deducted?

2) Time limit for payment of TDS

3) Implications of non compliance or delay.

Agenda:

5.45pm to 6.00pm – Registration

6.00pm to 6.15pm – Introduction

6.15pm to 7.00pm – Main presentation

7.00pm to 7.30pm – Q&A round

7.30pm to 7.45pm – Thank you note

Mentor:Mr.Vimal Punmiya

Mentor Bio:

Practicing C.A. for last 39 years as Partner of M/s. VIMAL PUNMIYA & CO. and with the help of 25 Assistants attending to nearly 1000 Resident and Non-Resident Clients in various areas i.e. Taxation, Audit, Company law, R.B.I.,Service Tax, Vat, Co-OP. Society, Stamp Duty, Registration and other Matters relating to Properties, Appeals, Search & Seizure Matters etc. Attached to nearly 100 Companies, Trust, Firms as Advisor, Director, Auditor or Trustee.

A) Member of Standing Committee of TDS appointed by Income tax department.

2. Chairman – All India Business Council.

3. Life Member of Cricket Club of India and various other Clubs & Association etc

4. Hon. Treasure – Remaking of Mumbai Federation.

5. Hon. Patron: i) Estate Agents Association of India.

ii) Federation of accommodation industry of india

B) Written Number of books on Transfer of Flat, Stamp Duty, Registration, Capital Gain, Search, Seizure, and Survey, Huf & Family Arrangements, Asst & Appeal Procedure, NRI Provisions etc.

C) Various Articles of Public interest published in News Papers & Magazines few of them are

Note:

1) Pencils and notepads will be given.

2) Light refreshments will be served between 5.45pm-6.00pm.