vks 1

• asked Apr 13, 2012

long term capital gain tax on sale of plot

Hi pankaj, I have purchased a residential plot (100 sq.yd.) in December 2000 for Rs. 1,00,000 + Rs. 15,500 stamp duty in Faridabad. Current price is Rs. 9,00,000. Now I want to sell this plot in Rs. 9,00,000 and to buy a residential flat in...

income-tax-benefit long-term-capital-gains section-54f residential-plot

0 votes

1 answers

1648 views

Choodamani 1

• asked Apr 12, 2012

cap gains tax exemption

sir, my brother inherited in march 2011, a house property on a/c of death of his wife.. in sep 2011 , he sold his own residential land of 1800(60*30) sq feet splittig into 1200 , 600 sq feet by two sale deeds registered on the same day. wit...

long-term-capital-gains section-54f income-tax

0 votes

1 answers

1127 views

Deepak Bharti 1

• asked Apr 12, 2012

form 10c attestation

sir i want to know that 1) do i need to get 10c attested for pension fund withdrawal. 2) if attestation is required then who is authotised to attest other then previoud employer.

form-10c pension-fund provident-fund epf-withdrawal

0 votes

1 answers

1586 views

Ashlesha Dere 1

• asked Apr 12, 2012

FBT - Abolished ?

Does FBT even exist ? Finance Minister has abolished the FBT(fringe benefit tax ) wef AY 2010-11 means

fbt-abolished fringe-benefit-tax fbt fringe-benefit

0 votes

1 answers

1022 views

pankaj1371 1

• asked Apr 12, 2012

income from rent - residence

One of my friend will be getting the rent of her property for the FY 2012 - 13 for Rs.236000/-. I want to know if any tax is payable by her if she has no other income source. Kindly advice me on this.

house-rent-income rental-income income-tax

0 votes

1 answers

1079 views

swapansen 1

• asked Apr 12, 2012

e-filing of return for annual income above Rs. 10,00,000

I came across a newspaper report that e-filing of return has now been made compulsory for individuals with annual income above Rs. 10,00,000 even for FY 2011-2012. It has not been clarified if the income limit is for gross income or taxable...

electronic-filing efiling-mandatory income-tax-return

0 votes

1 answers

3799 views

sandeepbutaney 1

• asked Apr 12, 2012

information about capital gain tax

Dear Sir, I require your genuine help now.I had purchased a property in 2004 for Rs.400000 (Rupees Four Lacs Only) and have sold the same on 08/03/2012 for Rs.725000 (Rupees Seven Lacs Twenty Five thousand Only). I was informed that if I ke...

section-54ec capital-gain-bonds long-term-gains capital-gains income-tax

0 votes

1 answers

1284 views

dydilip 1

• asked Apr 12, 2012

Saving Capital Gain Tax

Dear Batraji I purchased a flat in 2001 in Mumbai for Rs.15.50 lcas, now want to sell and I hope to get Rs 100.00 lacs as per the market rate. If, I purchase a flat within two years costing more than the actual "Long Term capital Gain " out...

residential-property long-term-gains section-54 income-tax

0 votes

1 answers

1243 views

Sanonymous 1

• asked Apr 11, 2012

Long Term Capital Gains

Situation: I got a long term capital gains in the year 2010 (July): say for amount 10 lakhs. I put 8 lakhs in an LTCG account with SBI the same year within 6 months. Then I got a long term capital loss in year 2012 (April) for the same prop...

capital-loss long-term-gains capital-gains income-tax

0 votes

1 answers

1516 views

Ashlesha Dere 1

• asked Apr 11, 2012

Non-Taxable Components of Salary & Fringe Benefit Tax for Employer

Would like to know what are the Non-Taxable Components of Salary that an employer can provide their employees. Also, is there any fringe benefit tax that employer will have to pay. What proofs are to be submitted by the employee to claim ex...

income-tax-exemption salary-components fringe-benefit non-taxable income-tax

0 votes

1 answers

2450 views