Pankaj Batra 3

• asked 1h ago

Do I need a premium or high-balance account with AU Bank to get the zero forex markup?

I am opening AU bank account for outward remittance under LRS, Do I need a premium or high-balance account with AU Bank to get the zero forex markup?

foreign-investment

0 votes

1 answers

5 views

gokul 1

• asked Sep 15, 2017

accumulated LTA claim in case of termination of employment

Dear Pankaj, I am gokul Greetings of the day, I have been terminated by employer today. I have accumulated LTA of 1.35 Lakh of last three years. Recently taken 7days leave. How much amount I can claim? before full and final settlement. Can ...

lta-exemption income-tax-exemption full-and-final lta-claim

0 votes

1 answers

423 views

Manish_54 1

• asked Jul 25, 2017

NRI salary income

I am trying to file my tax return myself. In ITR -1 I do not find a place to mention my salary Income earned outside India. Do I have to give details of income outside India or just give details for my salary earned in India in FY16-17.

income-tax-return nri

0 votes

0 answers

669 views

Shukla 1

• asked Jul 21, 2017

Spouse Taxation

Hi, I am homemaker have sold the property in dec 2016 and transferred half of the funds to my husband account. I wanted to check if that becomes a taxable income for my husband or it will be treated as a gift? Please advise. Thanks, Shukla

spouse double-taxation

0 votes

0 answers

1209 views

PraveenV 1

• asked Jul 14, 2017

How to show education loan proof while filing Income tax return ITR-1

Hello, Can we submit the proof of interest paid as part of education loan while filing returns? I didn't submit my education loan repayment proof to my employer and hence my form 16 doesn't show it under 80E. Can you suggest how can I submi...

itr-1 income-tax-return education-loan

0 votes

0 answers

676 views

dhatchayanim 1

• asked Feb 1, 2017

Rebate on HOme loan top up loan interest

Sir, I took Home loan and then also a Top up loan. Want to know if the interest of both the loan accounts are permissible for rebate u/s 24 Whether I can take income tax exemption rebate on the interest payment of Home loan along-with the i...

rebate-homeloan-top-up

0 votes

0 answers

851 views

VIKAS SINGHAL 186

• asked Jan 15, 2017

Reuimbersment of advance tax

Sir, I am a salaried person & I paid self assessment tax for FY 2015-16 in July'15 but by mistake shown it as advance tax in ITR and while assessing my ITR, IT department considered it as advance tax and not considered for reuimbursment...

reuimbursement tax

0 votes

1 answers

1153 views

Rekha 1

• asked Sep 20, 2016

Gift to inlaws

Hi Pankaj ji, I am following your blog since 4 years, and given me lot of knowledge on income tax, ITR returns and gave lot of information how I can save my tax legally, Now I have query on Gift tax, my questions are as follows: can I gift ...

gift-to-relatives gift

0 votes

0 answers

1762 views

Soum 1

• asked Aug 23, 2016

Tax resident

hello, I’m working for an IT company in India who has sent me ( Temporary transfer with local EU contract) to EU for 2 yrs ( from Dec 2015) , I’ll be finishing my two year tenure in dec 2017 and will return back to India. Now my question is...

dual tax

0 votes

0 answers

2719 views

arun123 1

• asked Aug 11, 2016

Can i claim hra for second house

Hi, I am paying rent for two houses. In both the houses I am leaving based on my time. One is near to office and other is where I have relatives near by. So depending on my work I switch between houses. So can I keep any of the hra needed r...

arun hra

0 votes

1 answers

1235 views