Nisha Vaidyan 1

• asked Oct 2, 2011

Capital Gain on sale

a)Please help us with the capital gain calculation : Purchase price of the flat in 2007 = Rs.37,00,000 (out of 37L ,33L is on loan at 12.5% interest ; already paid around 13L as interest in last 4 yrs); additional interior work were done fo...

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

0 votes

1 answers

959 views

Sarajee 1

• asked Oct 1, 2011

Capital Gain on Sale of Jewelry & investing in 2'nd house

Hi, I want to sell my Jewelry got as gift in marriage (with no invoice) and want to invest in property. My questions are- 1. Can i avail capital gain benefit for buying 2'nd house? 2. As i dont have any receipt of purchase, can you i refer ...

jewellery-sale long-term-gains capital

0 votes

1 answers

2270 views

TULU 1

• asked Oct 1, 2011

APPLICATION FOR PRAN

1.Suppose A is born at B,residing at C for 20 years,working as teacher for 9 plus years from a distance of 3 kilometers from C.Can A mention the address of B in both the present and permanent address fields of application for allotment of p...

pran-card nps-application new-pension-scheme

0 votes

1 answers

4212 views

amitke 1

• asked Oct 1, 2011

Travel Australia via Dubai

Hello, I need to travel to Australia on Business Trip on business visa. My flight is via dubai ie delhi-dubai-melbourne. I dont have dubai visa. My passport has ECR stamp, however for australia ECR is not required. Would there be any issues...

business-visa transit ecr-stamp passport ecnr

0 votes

1 answers

1769 views

Shafi 1

• asked Oct 1, 2011

Tax Deduction on House Rent

Dear Pankaj, I work in Ahmedabad and stay at a rented home there. My family is in my native place in Kerala and live in a rented house. Can I claim tax deduction for both the rents I am paying (my flat at Ahmedabad and my faily's house in K...

house-rent-allowance tax-exemption hra income-tax

0 votes

1 answers

1764 views

mscrmguru 16

• asked Sep 30, 2011

Regarding Financial Planning/review of my profile

Hi I have gone through your blog and am really impressed with your suggestions regarding financial planning. I have few questions and would seek guidance from you for same:- I AM 28 years of age , single. I work with a Software company in b...

medical-insurance personal-finance financial-planning retirement-plan term-insurance mutual-fund

1 votes

1 answers

5131 views

aadi 1

• asked Sep 29, 2011

about legal advice

i hve sold a house for 22 lakh which i received through cheque and i purchased a house for 20 lakh in same year.but the problem is that the party from which i bought want me to withdraw that money from bank and give them cash. is is legal? ...

cash-transaction residential-property section-54

0 votes

1 answers

759 views

Abhishek82_08 1

• asked Sep 29, 2011

ECNR Stamp

Hi Mr Pankaj, I have passport made in 1993 with ECNR stamp and i renewed in 2003 and my current passport 2nd page is blank and i have applied employment in UAE so what have i to do? With Regards, Abhishek

employment-visa ecnr-stamp uae-visa passport

0 votes

1 answers

1389 views

champ 1

• asked Sep 28, 2011

house rent under permissible expenses

hi pankaj, As a professional, till last year, i was carrying out my professional activities from my residence and therefore was able to show the house rent as expenses. This year, i have now purchased my office space. can i still show my ho...

section-80gg professional-income income-from-business itr-4 house-rent

0 votes

1 answers

1808 views

Thyagarajan Mani 6

• asked Sep 27, 2011

Gift recd by HUF

If gift recd by a HUF exceeds Rs 50,000 say 130,000 and is taxable in the hands of HUF: 1) Would the entire 130,000 be liable for tax or the difference between 130000 & 50000? 2) ALSO under what head of income would that be considered i...

hindu-undivided-family huf gift-tax

0 votes

1 answers

1679 views