ritesh071 1

• asked Jan 4, 2012

Tax benifit from home loan

I took a loan of rs.10 lac in march 2010 and gave advance payment to buy a house. I took this loan from a freind [@12] % per annum. I did not pay any interest to him till date. Now i want to pay him the interest with the principal amount. C...

loan-from-friends tax-benefit home-loan-interest income-tax

0 votes

1 answers

1088 views

vivekredy 1

• asked Jan 3, 2012

Long term capital gain.

Hi, My dad sold a commercial property for 2 cr, what are the ways where I can avoid the payment of Long Term Capital Gain Tax on this amount. I am told to invest nothing more than 50 Lac in NHAI (National Highway Authority of India) or REC ...

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

0 votes

1 answers

1646 views

Jaypal Vora 1

• asked Jan 3, 2012

car reimbursement

Company gives me car reimbursement , the same is non txable allowances. Can i take my car loan installment under this allowance ?

car-reimbursement vehicle-loan non-taxable income-tax

0 votes

1 answers

1420 views

kirankumarbonam 1

• asked Jan 3, 2012

Can I have two PRAN's?

Sir, I am a Railway employee and I have applied for PRAN 40 days ago but I havn't got the number yet and I got better post in Railways only so I'm leaving this job without proper channel and I know I will be made to apply again for PRAN the...

national-pension-system pran-card new-pension-scheme nps

0 votes

1 answers

10334 views

CAV 8188 1

• asked Jan 3, 2012

Income tax

Can I take an educational loan to offset the TDS on my fixed deposits and rental income

interest-income set-off rental-income income-tax

0 votes

1 answers

966 views

shaharpitd 1

• asked Jan 3, 2012

TAX benefit for home loan

I have purchased under construction flat in Ahmedabad on loan from SBI. Currently I am staying at Pune on rent. I will get possession in last week of March or might be in April. I have below query. My query is whether i can get tax benefit ...

tax-benefit possession-year interest-payment home-loan income-tax

0 votes

1 answers

2081 views

Sonali_RJ 1

• asked Jan 2, 2012

what my tax for 2011 - 2012

I joined an organisation in October 2011, CTC 2.5 lacs p.a. What will be my tax for the year 2011 - 2012. Mumbai, India

fy-2011-12 tax-calculator income-tax-calculator income-tax

0 votes

1 answers

1296 views

ritesh071 1

• asked Jan 2, 2012

capital gains

I PURCHASED A RESI FLAT IN 2001 FOR RS 950000 PLUS 38000 STAMP DUTY.I SOLD THIS FLAT ON 11TH JULY 2011 FOR RS 3540000. I GAVE THIS MONEY TO MY SON AND DAUGTER IN LAW FOR SOME POURPOSE. NOW I HAVE RECEIVED THIS MONEY BACK. CAN I INVEST IN CA...

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

0 votes

1 answers

1326 views

Prasanth 1

• asked Jan 2, 2012

Canada Emigration purpouse

Sir, I am trying to get Canada Permanent Residency Visa through an consultany. For this work, consultancy required Police clearence certificcate from India and Abudhabi. Because I worked in Abudhabi for one year. How can I get the PCC from ...

emigration

0 votes

0 answers

668 views

nitkin 1

• asked Dec 31, 2011

Capital gain

I bought house & took possession (no 1)in Mumbai in June 2006. I bought another house ( no 2)in Mumbai in 2011 against a home loan -possession taken. Now due to work I have been transferred to Delhi. I plan to sell house no 1 and buy a ...

residential-house long-term-gains capital-gain section-54 income-tax

0 votes

1 answers

1210 views