dhatchayanim 1

• asked Mar 11, 2012

home loan pre closure

Sir, I have a homeloan with ICIIC bank for Rs. 6Lakh and due to financial stress, planning to dispose my flat and pre-close the home loan, I have already heard about the RBI notification to the bank for stopping the pre-closure charges levi...

rbi-notification penalty-charges pre-closure-charges loan-prepayment home-loan

0 votes

1 answers

1208 views

biplabnath 1

• asked Mar 11, 2012

excess income shown wrongly

Sir,for 2010-2011 my income has been shown wrongly as Rs.291340/ in tax return,but my actual income was Rs.151340/.So I paid Tax.I have 2 questions 1. How to claim refund. 2. Wrongly it was filed in ITR 4 intead of ITR 1.Can I do the correc...

excess-tax income-tax-refund income-tax-return

0 votes

1 answers

1406 views

Mayank 16

• asked Mar 11, 2012

Need information on NPS

Hi Pankaj, I am 31 year old. I am investing in NPS. Can you suggest me which choice (Auto Choice or Active Choice) should I opt to get better return after age of 60? Please suggest me. Thanks, Mayank

auto-choice active-choice pension-plan new-pension-scheme

0 votes

1 answers

1618 views

Alex 1

• asked Mar 11, 2012

Flat Resale Capital Gain

Hello Sir, I purchased an under construction flat for 75lacs. The sale deed was done for 25lacs against the undivided shared of land and the builder stated in sale deed that purchaser is getting the apartment constructed by the vendor and p...

construction-cost short-term-gain capital-gains income-tax

0 votes

1 answers

1247 views

Satyaki Basu 1

• asked Mar 10, 2012

How can a Senior Citizen avail a Home Loan by investing Long Term Capital Gains?

Dear Sir My father-in-law is a senior citizen (retired 68 years age) wants to sell his existing property and intends to jointly invest along with his elder daughter in a new property. The existing property is 20 years old and the long term ...

senior-citizen long-term-gains section-54 capital-gains income-tax

0 votes

1 answers

1748 views

bragada 1

• asked Mar 10, 2012

Aportioning pension arrears due from 2007 onwards and recd. in 2011

Hi Pankaj, I am a female VRS employee of BSNL,Chennai Telephones.After the 6th pay commision I recd. the pension arrears in Sep 2011.These arrears are due from 2007 onwards.Can the arrears be aportioned for the years 2007 onwards so that I ...

6th-pay-commission section-89 arrears-income tax-deduction income-tax-return

0 votes

1 answers

1705 views

imran 1

• asked Mar 10, 2012

how much income tax do I need to show and pay for a Housing Loan of 22 Lacs ..?

Hello Pankaj, I am a Professional getting 50,000 wired as a Consultant. I dont have any deductions. And want to apply for a Housing Loan of 22 - 23 lacs. Kindly, let me kow how much income tax do I need to show and pay for a Housing Loan of...

loan-eligibility home-loan-application consultant-income income-tax-return

0 votes

1 answers

1024 views

Atul Gupta 1

• asked Mar 9, 2012

capital gain

wife sold his house and husband construct the house with the help of amount of sold house of his wife , how can we get the benefit of capital gain. the house was sold in december 2011 and construction from 1.4.2011 to 31.03.2012, please gui...

residential-property long-term-gains capital-gains

0 votes

1 answers

909 views

gvk 1

• asked Mar 9, 2012

advance tax

sir my name is sunil i really don’t know much about incometax………but i had one doubt related to income tax …….we wanna take a term insurance policy in the name of my mother, but it needs that to show some income proofs of the insured person,...

income-proof advance-tax income-tax-return term-insurance form-16

0 votes

1 answers

1160 views

abhi_dude 1

• asked Mar 9, 2012

Staff Salary

Hi Pankaj, I work for a business and manage one of its branch, my employer sends salaries of the branch staff in my account, I receive 80,000rs every month which I have to distribute in cash amongst the staff. Please tell me do I have to sh...

business-manager salary-distribution branch-employees salary

0 votes

1 answers

817 views