DEBASISH 1

• asked Nov 12, 2011

NEW PENSION SCHEME

RESPECTED FROM JAN 1 2004 ALL CENTRAL GOV EMPLOYEE ARE IN NPS BUT THOSE STATES SUCH AS WEST BENGAL WHO ARE NOT OPTED NPS TILL NOW. EMPLOYEE WHO ARE APPOINTED 2005 IN WEST BENGAL WILL BE IN NPS OR NOT IF NPS BILL PASS IN LOKSABHA OR RAJYASAB...

nps-bill state-government national-pension-system government-employee new-pension-scheme

0 votes

1 answers

1405 views

preethamk 1

• asked Nov 12, 2011

Long term capital gains tax for land / Plot

I have bought a land in 2008 Apr for 8Lakhs. I have sold it on 2011 Jun for 18 Lakhs. I have invested 10.5 Lakhs in a new property (apartment) in 2011 May. I already own one more house since 2003. What is the long term capital gains tax for...

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

0 votes

1 answers

1946 views

manojk 1

• asked Nov 11, 2011

LTCG flat bought in 2007

Sir, I live in US, Have Pan card, bought property with US $ converting in Rs. in June 2007 for 24 Lakhs now selling for 58 Lakhs in Dec. 2011. How much will be capital gain if I don't buy any more real estate & What is the best way to s...

non-resident-indian long-term-gains section-54 capital-gains income-tax

0 votes

1 answers

1242 views

murthy 1

• asked Nov 10, 2011

capital gains

Sir, my mother purchased a land in 1977 and constructed house for Rs. 4200/-. Now in august,2011 she sold it for Rs. 22,80,000/-. What should she pay as capital gains tax murthy

construction-cost long-term-gains capital-gains income-tax

0 votes

1 answers

908 views

swapansen 1

• asked Nov 9, 2011

need suggestion on ECNR

My son has a passport with ”ECNR” penned through. He has to proceed to Malaysia for an assignment entrusted by his company. Earlier he visited Belgium on his company’s job. It appears that he has to get the ECR deleted now. Will you please ...

malaysia-visa emigration-check passport ecnr

0 votes

1 answers

1689 views

S KUMAR 1

• asked Nov 9, 2011

Capital Gains Tax

Hi, I am an NRI and had purchased an apartment in 1998 by availing housing finance from LIC, repayment of which was made from my NRE account. Now I need to sell the same at the current market price. Will I be required to pay Income Tax on t...

residential-apartment non-resident-indian long-term-gains capital-gains income-tax

0 votes

1 answers

1277 views

Anks 46

• asked Nov 8, 2011

Arrear Demand Notice from income tax department

Hello, I have received an 'Arrear Demand Notice' from income tax department, today, for the FY 08-09. I have filed my return on time & all taxes were paid (bank deposit recipts are available along with Form 16 provided by my employer an...

assessing-officer income-tax-dept centralized-processing arrear-demand income-tax

1 votes

2 answers

23765 views

Vipul Shere 1

• asked Nov 8, 2011

House rent allowance

I stay 70 Km away from Company and now staying at rented House which is 40 km from company. I also have own home in the city. Can i still avail tax benefit under HRA scheme?

tax-deduction house-rent-allowance hra income-tax

0 votes

1 answers

1729 views

rajan 1

• asked Nov 7, 2011

Direct Tax Code

Dear Mr Batra Could you please tell me whether the Rs 70000 PPF Limit will fall in the Rs 100000 Bracket or the 50000 Bracket in the new Direct Tax Code. Awaiting your reply soon With regards Rajan

section-80c provident-fund ppf direct-tax-code tax-saving income-tax

0 votes

1 answers

1858 views

Tarique Rahi 1

• asked Nov 6, 2011

ECNR stamp requirement in my passport

Hi Pankaj, I am working in Bahrain as an Electrical Engineer. My passport is issued in 2004.It has got ECR stamp on it.I came to Bahrain with clearance of POE, which is valid for one journey for employment. Now I will be going back to India...

bahrain-visa ecnr-stamp emigration-check

0 votes

1 answers

1958 views