Jaggu 1

• asked Dec 12, 2011

Senior Citizen Related Query 11-12

My DOB is 05/03/1952 .. and I am going to retire om 31/03/2012 .. My question is how I have to calculate my Income Tax for FY 11-12 .. Whether as SC or normal employee ...please let me know answer ASAP.

tax-slab senior-citizen income-tax

0 votes

1 answers

1337 views

ashvin28 5

• asked Dec 10, 2011

Tax Paid in USA

Hi Pankaj, I was in USA(Aug-10 to Dec-10) and I paid $4300.00 Tax in USA. Can you please tell me how can I get relief of this tax amount in India? and how can I file my income tax return? I had shown in amount in u/s 90 & 91 in ITR but ...

usa-income non-resident-indian income-tax

0 votes

1 answers

1142 views

puneetjain 1

• asked Dec 9, 2011

invesment sugesstion

i have purchased a property from ANAND KUMAR on 7 nov 2011 . But ANAND KUMAR is not the actual owner of the property , he purchased from ANIL AGGARWAL ON 7 AUG 2011 (he is in agreement with ANIL AGGARWAL).And i have made full payment throug...

registration ownership-issue property-purchase

0 votes

1 answers

673 views

nitin5252 1

• asked Dec 9, 2011

Advice Needed on Capital Gains Tax.

I have a query related to Capital Gains Tax. I bought a Flat in Pune in Oct 1997. Same Flat was sold on 15 April 2009. Agreement To Sale was done on 23 March 2009 along with Stamp duty. Sale-Deed was done on 15 April 2009. Possesion to buye...

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

0 votes

1 answers

916 views

Rakesh Shrivastava 1

• asked Dec 9, 2011

what should be Salary structure under new DTC 2012 which gives maximum tax saving ??

Dear Sir, what should be Salary structure under new DTC 2012 which gives maximum tax saving ? Like - Basic, HRA, Medical reimbursement, etc. Thanks Best regards, Rakesh

salary-structure salary-income direct-tax-code tax-saving

0 votes

1 answers

1816 views

minnie moo 1

• asked Dec 8, 2011

capital gains tax

My sister who is developing a property held by her long term is now planning to gift a portion of her rights to her major children to minimise capital gains tax.The agreement with the developers is to be signed shortly. Does my sister stand...

gift-tax capital-gain income-tax

0 votes

1 answers

998 views

Mahesh123 1

• asked Dec 6, 2011

Capital gains to Partnership Firm

In a partnership firm there are three FAMILY members as partners, this Firm owns a NA land within municipal limits, now the Partners (family members) wish to distribute the above asset among themselves, will this be considered a family arra...

capital-gains

0 votes

0 answers

2546 views

Lovenish Goel 1

• asked Dec 6, 2011

Noida Extension

In August 2010, My father sold his house in south delhi for 63 lacs and out of that money he has booked a villa in noida extension for 56 lacs. Remaining money he kept aside to pay for e rented accomodation for 2 years thinking that our vil...

noida-extension possession-year section-54 capital-gains income-tax

0 votes

1 answers

1100 views

somkri 1

• asked Dec 5, 2011

capital gains

Dear Pankaj, I sold a plot of land two years and one month ago.I kept the proceeds in a Fixed Deposit under Capital Gains scheme.Now I want to invest in a flat ( in a ultistoreyed complex )under construction by a renowned builder.The flat i...

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

0 votes

2 answers

1214 views

nshukla 1

• asked Dec 5, 2011

Long Term Capital Gain when the new property is already purchased

Hi Pankaj, I purchased a Flat in Pune on 01st Nov 2010, and I have taken a loan for this property. Once we moved in I started to look for buyers of my property in Ghaziabad which was purchased in 2001. I signed Agreement for Sale (Unregiste...

date-of-transfer long-term-gains section-54 capital-gains income-tax

0 votes

1 answers

1356 views