pgprasath 1

• asked Aug 22, 2011

what to do if bank account is closed before receiving the pf fina settlement

dear sir, this is guru. I have submitted the pf withdrawal form through my office but unfortunately before receiving my pf my hdfc bank salary account was automatically closed since I went to abroad. again through my company I have submitte...

bounced-cheque account-change epf-withdrawal

0 votes

1 answers

2736 views

MAGDOOM 1

• asked Aug 22, 2011

LONG TERM CAPITAL GAIN TAX

DEAR SIR MY TAXABLE INCOME FROM SALARY FOR THE ASS YEAR 2011--12 IS RS. 24442 AND I HAD PAID ADVANCE TAX RS.2550 I HAVE ALSO REDEEMED RS 1,24 221 ON 06-12-2010 OUT OF INVESTMENT OF RS. 70,000 MADE ON 23--03--2007 IN ICICI PRUDENTIAL TAX--GR...

mutual-fund tax-saving income-tax

0 votes

1 answers

1254 views

Haripriya 6

• asked Aug 21, 2011

TIER II UNDER NPS

Iam a central govt. employee coming under NPS having tier I account and want to open Tier II account.I am 35 year old. I want to invest Rs.2000 per month in Tier II. I want to know whether this amount is taxable or not? Can I show this amou...

govt-employee tier-ii tax-exemption new-pension-scheme nps

0 votes

1 answers

2083 views

Krishnamohan Illendula 1

• asked Aug 21, 2011

Name correction in PAN card

My son has applied for PAN card and he has got the same. But, after verification, we found that the name written on PAN card is having spelling mistake. He has submitted application for correction at PAN Card office, Hyderabad on 21/06/2011...

spelling-mistake correction wrong-pan-card pan-card

0 votes

1 answers

3884 views

konda m 1

• asked Aug 21, 2011

ECNR for visit to Malaysia

Hi I had applied for reissue of passport and got the new, but in it on the 2nd page ECR stamp is put but in my earlier passport I had ECNR stamp. I'm visiting Malaysia on visit visa for 4 days. Do I need to ECNR stamp done before leaving or...

malaysia emigration-check passport ecnr

0 votes

1 answers

2021 views

HARIR 1

• asked Aug 20, 2011

Long Term Capital Gain Tax

I am planning to sell a residential plot which I had purchased in 2004 (purchase price of Rs.87000/-) at a sale price of Rs.8 Lakh. What will be my Long Term Capital Gain Tax which I have to pay now and what are options available to get exe...

section-54ec capital-gain-bonds residential-plot long-term-gains capital-gains income-tax

0 votes

1 answers

1458 views

sunil 1

• asked Aug 20, 2011

INTEREST ON TAX

Dear Sir, Thanks a lot for your quick response. My further query is that suppose I purchase a plot and am not able to construct within 3 yrs, then can I pay tax after 3 yrs. If yes, how much interest will I have to bear? Regards, Sunil.

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

0 votes

1 answers

1176 views

andromeda86 1

• asked Aug 19, 2011

Work in Progress (WIP)

Hi, How is the indish law (Act.1958) with work in progress (WIP) for a service company? I can not find in act 1958 how it's managed this in India. Can somebody tell, if this is usual? I found it in IAS, and this is more or less equal to IFR...

accruals finance

0 votes

0 answers

1481 views

Rijo 1

• asked Aug 19, 2011

Capital gains on sale of plot (sold a plot and bought a flat in 6 months)

I sold a plot (acquired it on Aug 19th,1997) and sold it on Feb 18th,2011 for 30L. I came to know about the Income Tax info that i have to buy another residential house in 6 months time, in-order to reduce the tax. And, I did buy a flat las...

plot-sale section-54f long-term-gains capital-gains income-tax

0 votes

1 answers

1911 views

Yogesh Patel 1

• asked Aug 18, 2011

tax saving

sir i just wanted to know how can i save tax on sale of my property i have purchased shops in 2006 for rs 8,00,000 for which i yearly used to get depreciation on assert in the income tax and now my balance sheet value for the property shows...

section-54f commercial-property tax-saving long-term-gains capital-gains

0 votes

1 answers

1140 views