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Sir 

   I am owner of 1.20 Acre of rubber cultivated land located in rural area in KERALA.  The land was purchased during September 2005 at a cost of Rs 135000/_.  Now I am planning to sell the land about 50 lakh Rupees.  Since land is located in rural area and cultivated rubber will it considered as agricultural land?.  If so whether I am eligible for exemption of  LTCG Tax under rural area agricultural land. 

     Hope to hear u soon

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Dear Sir,

In Service Tax, under Reverse Charge In Books of B Ltd. If taken cenvat. Please explain journal entry little bit in detail or give explanation why "Input Cenvat Service (Deferred)" is debited.

Thank You.

http://teachoo.com/883/1327/Journal-Entries-for-Normal-Charge-and-Reverse-Charge/category/Service-Tax-Accounting/

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