windows 1

• asked Aug 31, 2011

long term capital gain tax

Sir. A Flat at D' Silva Road Chennai600004, measuring 1500 sq ft plinth are with 965 sq ft of undivided land purchased in 1996 If I sell this property now (2011) Q1) how much capital gain tax I have to pay Q2)If I have to buy another proper...

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

0 votes

1 answers

1590 views

nag 1

• asked Aug 31, 2011

Interest rebate 1% up to 15 lakh Housing Loan

Sir, I want declared statement by FM regarding 1% interest rebate on housing loan for 2011-2011 , My bank is asking to give rebate, could you give please?

union-budget home-loan-interest housing-loan rebate

0 votes

1 answers

1483 views

Anil 1

• asked Aug 31, 2011

Saving LTCG Tax on Sale of Flat

Hi: I bought a residential flat in 2000 for 16 Lakh in joint name with my wife but made 100% payment from my a/c or joint loan (for which all instalments were paid by me). About 10 Lakh was spent on alterations / furnishing in 2000 and then...

alteration-cost joint-owner long-term-gains section-54 capital-gains income-tax

0 votes

1 answers

1680 views

avinash chauhan 1

• asked Aug 30, 2011

Tax planning on Capital Gain

Sir, Please help me out, A person has sold a open plot to an builder in consideration of 3 residential flats of each costing Rs.20 lacs. in his name, out of which he sold 1 flat for Rs 20 lacs immediately (say after 6 months) & kept res...

section-54c plot-sale section-54f long-term-gains section-54 capital-gains

0 votes

1 answers

1293 views

Smita K 1

• asked Aug 30, 2011

How to declare Investment done after IT filing?

Our company submits our investment proofs in february. I too filed the IT for 2010-2011 in feb but later in March invested in PPF. Now I am filing ITR online. How do i submit the proof of PPF investment as I would be getting good rebate due...

ppf-investment e-filing investment-declaration section-80c income-tax-return

0 votes

1 answers

2336 views

n bhaskara 1

• asked Aug 30, 2011

capital gain tax

I had sold my house constructed by me. There is a capital gain of Rs. 8 lacs on it. Now, I have started construction of a house in a different city on a plot in the name of my wife. The sale proceeds have been invested in the construction a...

capital-gain-tax construction gift-deed long-term-gains section-54

0 votes

1 answers

1194 views

Suchdev 1

• asked Aug 29, 2011

When do you think its best to take medical insurance?

Hi, I was planning to take medical insurance for FY 2010-11 worth 15k with LIC- Apollo Munich for my family. However with the introduction of DTC from April 2012 the medical insurance limit is being increased to 50,000. Do you suggest i tak...

medical-insurance family-floater apollo-munich health-insurance direct-tax-code

0 votes

1 answers

1184 views

Sonali 1

• asked Aug 28, 2011

Capital Gains tax

Dear Sir, I had purcashed a flat in April 2007 (Registration in my name)directly from builder for RS. 10,00,000/-. Can I include the society formation charges. etc in cost of flat paid at the time of purchase. The flat was sold in August 20...

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

0 votes

1 answers

1508 views

TULU 1

• asked Aug 28, 2011

INVESTMENT

HOW MANY DAYS IT WILL TAKE TO INVESTMENT IN MUTUAL FUNDS OF OTHER AMCs through a DEMAT account? Is it legitimate for a ORISSA government PRIMARY SCHOOL teacher to have a DEMAT account?

government-employee demat-account mutual-fund investment

0 votes

1 answers

1349 views

TULU 1

• asked Aug 28, 2011

MUTUAL FUND INVESTMENT

WHICH ARE THE BEST EQUITY DIVERSIFIED GROWTH FUNDS AND DEBT FUNDS OF SBI MUTUAL FUNDS TO INVEST NOW A DAYS? AND WHICH ARE THE BEST MUTUAL FUNDS OTHER THAN SBI MUTUAL FUND?

debt-funds best-mutual-funds equity-diversified mutual-fund investment

0 votes

1 answers

1381 views