Ram Kumar 1

• asked Mar 27, 2012

Joint Development and Capital Gains Tax

Hello Sir, I am a resident of Chennai. I own an old independent residential house on 1 ground land. I have decided to give it for "Joint Development". The Builder is going to construct 6 new Flats in this land and I will get 3 flats out of ...

joint-development capital-gains-tax residential-property income-tax

0 votes

1 answers

1772 views

mansooralia 1

• asked Mar 27, 2012

Where to invest

Hi, My Name is mansoor, and i work in IT industry, in mumbai. my salary is 8L PA. where and how should i invest to save taxes, i have two school going kids, and i live with my parents. Thanks, Mansoor Ali A

salary-income tax-saving income-tax

0 votes

1 answers

1283 views

teja402000 1

• asked Mar 27, 2012

long term tax gain

Hi , I have a query , my dad purchased a land in the year 1988 for 35k Now we have sold that land for 10,87,000 What would be the LTCG for the same ? How can we save , I mean where to invest ? If I plan to buy a property now and take money ...

residential-land section-54f section-54ec long-term-gains capital-gains income-tax

0 votes

1 answers

1324 views

sandipan 1

• asked Mar 27, 2012

trade license and iec

Hi, I am getting benefits from you. I have a office in kolkata and hubli. Now i have generated the IEC from Kolkata, which also has a trade license. The hubli branch has no trade license. A company can have one IEC for all its branches, but...

trade-license iec

0 votes

1 answers

1061 views

MEGHNA 1

• asked Mar 27, 2012

Long Term Capital Gain Tax

Myself and my late father's elder brother are having a pending civil suit for our residential property acquired by both of us for the last 35 years approx. Now we both are planning to settle the same out of the court by entering an M.O.U. i...

settlement-amount civil-suit capital-gains

0 votes

1 answers

808 views

vignesh 946

• asked Mar 26, 2012

income tax returns filing query

Hi I have got the info of my father s income tax deduction from its website. He is in the 10 percent slab only.He met with one accident on DEC 2009. tax deducted on 2009 -2010 fy - 21370. '' "" 2010 -2011 fy - 16000 we cant show any kind of...

income-tax-return

0 votes

1 answers

929 views

xenon_15 1

• asked Mar 26, 2012

"Incorrect account number " status in e-filing processing status

I have got "Incorrect account number" as the status on the income tax India e-filing website for the assessment year 2011. Somebody suggested that i need to visit local Income Tax Assessing Officer to endorse my return. But, I got my PAN ca...

incorrect-account-number income-tax-refund income-tax-return

0 votes

1 answers

1348 views

Chandrashekhar Raut 31

• asked Mar 26, 2012

Income Tax and TDS

Hi pankaj I am a salaried employee. 2011-12 income approx 2.16L . I have saving account but intrest is not above 10,000. I have LIC investment(around 7000/-). Do i need to fill income tax. And what exactly is income tax return form. Differe...

salaried-employee bank-interest income-tax-return income-tax

0 votes

1 answers

1362 views

Nitirame195 1

• asked Mar 26, 2012

Joint Housing loan- intrest-1.5 Lac Individual or total?

Me and my wife are salaried employees. We have a joint housing loan for which the interest component is 2.8 Lac PA. Can we share this as 1.5 Lac and 1.3 Lac respectively or the limit is 1.5 Lac for one loan?

salaried-employee joint-loan tax-deduction section-24 home-loan income-tax

0 votes

1 answers

1433 views

Avsn 1

• asked Mar 26, 2012

capitalgaintax on seeling house

my mother purchased house for RS11000 in 1964 lived in it from last 58yrs she spent about RS 3500000 FOR REPAIRS IMPROVEMENTS remodelling so far. she sell the house for RS 7661000.THE BUILDER GIVEN rs 5161000 by cheque and agreed to give 2 ...

income-tax-return long-term-gains capital-gains

0 votes

1 answers

907 views