All Questions
Newest Active Unanswered Frequent
Score
View
Card Compact
  • shuai sangeet 1
    •
    Can long term capital gain be avoided by selling one residential property and buying two residential properties for self use
    Dear pankajji , I have sold a property which was brought in 1987 ( residential) and now plan to buy two residential properties as would like to separate my son after his marriage. Can I avail long term capital gain tax if the whole amount i...
    long-term-capital-gains residential-property section-54 ltcg income-tax
    0 votes
    1 answers
    1973 views
  • shuai vijay 1
    •
    TDS calculation for job chnage in Mar- Apr
    Hi, I have resigned from my previous company on 19 Mar & Last working days was 24 Mar. As per company rules I have given them 1 month notice (till 19 Apr) but they decided to relieve me earlier and pay me one month salary. They have not...
    notice-period full-and-final tds-deduction
    0 votes
    1 answers
    1137 views
  • shuai Aravind 1
    •
    NPS Contribution from employer
    I'm serving as an asst.professor at a government aided private college. I want to contribute to the NPS. But in Karnataka the state government is not contibuting the employer's share for aided colleges, as it does for the government college...
    new-pension-system national-pension-system employer-contribution new-pension-scheme nps
    0 votes
    1 answers
    3116 views
  • shuai sandipan 1
    •
    medical allowance
    Hi, Is 1250/month or 15000/year non-taxable for medical allowance if original bills are submitted or the condition is either 15000/year with medical bills submitted or 1 month basic, whichever is lower can be exempted? kindly guide
    medical-allowance medical-bills tax-exemption medical-reimbursement income-tax
    0 votes
    1 answers
    1570 views
  • shuai pankaj1371 1
    •
    Income tax calculator for FY 2012-13
    Dear Pankaj I want to know when will we have new income tax calculator for FY 2012-13 in excal format from your end. The same really hepled me to plan my income wisely. Please let me know when will you update the new income tax calculator i...
    ay-2013-14 fy-2012-13 income-tax-computation income-tax-calculator
    0 votes
    1 answers
    2750 views
  • shuai suman 1
    •
    employer did not deduct tax in time
    My employer did not deduct tax on account of house perquisite for the A.Y 2011-12 as rule 3b was being followed. however the employer have recalculated the perquisite as per rule 3a and this has increased the tax liability of the employees....
    tds-deposit late-tax-payment tax-deduction
    0 votes
    1 answers
    939 views
  • shuai V Srinivas 1
    •
    Query on Sec 80 DDB deduction
    Hello Pankaj! I need to first thank you for the excellent help that I get each year from the IT calculators that I download from your Blog site. I currently spend about Rs 20 - Rs 25K per month from my own pocket for the medication that I n...
    kidney-transplant income-tax-deduction polycystic-disease chronic-renal-failure section-80ddb
    0 votes
    1 answers
    989 views
  • shuai Nilay N 1
    •
    How can a person claim refund if he doesnt have Pan no. and tax has been deducted?
    Hi Pankaj, If the person doesn't have his pan number and his interest on deposits got taxed , and was remitted to income tax office... how can he claim the taxed amount?
    no-pan-number income-tax-refund income-tax-return
    0 votes
    1 answers
    1282 views
  • shuai Sag 1
    •
    LTCG Amt invest in Bank FD
    Dear Pankaj, We have earned LTCG on sale of agriculture land. Now we have heard that we can put the LTCG amt earned in bank Fixed deposit for 6 month from the date of sale & there will be no income tax deduction on it & we can aldo ...
    long-term-capital-gains fixed-deposit agricultural-land ltcg
    0 votes
    1 answers
    2145 views
  • shuai Khaja Hussain Muchumarri 1
    •
    Child Education Allowance/Child Hostel Allowance Exemption from Incoem Tax
    Dear Sir, Good evening. Can you pls. clarify the following. As per Income Tax Rule (for FY:2011-12 & AY:2012-13), can an Individual eligible to get tax exemption of both Child Education Allowance and Child Hostel Allowance ? Under what ...
    education-allowance children-education tax-exemption income-tax
    0 votes
    1 answers
    4100 views
    • Hot Questions
    AU to Paasa bank details
    1 answers
    Purpose code when withdrawing from Paasa?
    1 answers
    Do I need a premium or high-balance account with AU Bank to get the zero forex markup?
    1 answers
    AU Bank's account number field only accepts numbers, but my IBKR or Paasa account has a letter. What do I enter?
    1 answers
    Where do I download the account confirmation letter for my IBKR or Paasa account?
    1 answers
    I sent money to Paasa, but it hasn't shown up even after a day. What went wrong?
    1 answers

    Not financial advice. Answers on SocialFinance.in are shared by community members for general information. Rules and rates change, so check with your bank, a chartered accountant or an adviser before acting.