Thyagarajan Mani 6

• asked Sep 27, 2011

Income derived from gift-recd amount

If income is derived from gift of say 5 Lakhs is recd from the Father to child or vce-versa, would that income be taxed in the hands of the Donee or the DONOR. Kindly inform the relevant section-if possible.

gift-tax

0 votes

1 answers

978 views

SATYAMURTY 1

• asked Sep 27, 2011

LTCG on lawful acquisition of residential plot by government

Hi, I purchased a piece of land in 2002 at at price of Rs. 31625.00. For development of a ring road Govt. of AP acquired it and paid me Rs.380000.00 on September 15, 2011. Kindly tell what is the amount of LTCG. And also let me know how to ...

long-term-gains ltcg

0 votes

1 answers

1140 views

vnvrsindhya 1

• asked Sep 27, 2011

long term capital gain on land

what is a limit for long term capital gain for filing of income tax return for a residential land

residential-land return-filing long-term-gains income-tax

0 votes

0 answers

685 views

Ramendra Yadav 1

• asked Sep 27, 2011

how to save capital gain tax

Dear Sir, I an selling a land (not agricultural) and want to save capital gain tax. Can i buy a commercial Complex from that money? what will be my liability to pay tax in that situation?

commercial-complex land-sale long-term-gains capital-gains income-tax

0 votes

1 answers

1179 views

prateek 1

• asked Sep 26, 2011

ECNR stamp in passport

I am planning for a job in USA. I am Post Graduate. In my pass port ECR stamp is there. Should I get it changed to ECNR stamp. Pls clarify.

us-visa ecnr-stamp united-states emigration-check passport

0 votes

1 answers

1326 views

PrasadTK 1

• asked Sep 26, 2011

Exemption from Income Tax & Capital Gain Tax

Sir, It is heartening to note that you are doing a great job by giving lot of inputs as to how to save income tax on long term capital gains. I have certain questions. I shall be grateful if you could respond. Just to give you the backgroun...

residential-property long-term-gains capital-gains income-tax

0 votes

1 answers

1750 views

TULU 1

• asked Sep 26, 2011

APPLICATION FOR PRAN

IS IT MANDATORY TO MENTION THE PAN IN THE APPLICATION FOR PRAN ? PLEASE RECOMMEND 3 BEST PENSION FUND SCHEMES WITH E OR EQUITY OPTION AND WITH THEIR PFM NAME/CODE,Scheme ID No./Name;Percentage Share. I am an ORISSA govt. primary teacher and...

pran govt-employee pension-fund pan-card retirement new-pension-scheme

0 votes

1 answers

1721 views

nikhil narayana 1

• asked Sep 25, 2011

Capital Gains Tax on sale of house

Hello We had purchased a house in Mumbai for Rs. 21,00,000 in the year Apr, 2000. And, we had sold our house in the year Nov, 2009 for Rs. 79,00,000. We had invested this sum in purchase of agricultural land in Karnataka amounting to Rs. 35...

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

0 votes

1 answers

1812 views

psharmab 1

• asked Sep 24, 2011

PAN not being allotted

The income tax department keeps rejecting my PAN application even after submitting all documents attested by a gazetted officer because the documents submitted in support of address and identity proof doesnt have the expansion of my father'...

income-tax-department fathers-name pan-card-rejection

0 votes

1 answers

863 views

vignesh 946

• asked Sep 24, 2011

long term capital gain account

Actually am in tamilnadu. I went to the nationalised bank and asked about long tersm capital gain savings account. But they told that there is no such account. What to do? shall i put the amount which i got thru selling my house in any savi...

nationalized-bank savings-account capital-gains-account long-term-gains

0 votes

1 answers

1383 views