Krishnamohan Illendula 1

• asked Aug 17, 2011

what to do if amount in 26A and Form 16 varies

I would like to know what are the steps to be taken if the amount shown in 26AS and the Form-16 issued by a public sector company (Commission)

difference-amount form-26as form16 tds income-tax

0 votes

1 answers

1978 views

Krishnamohan Illendula 1

• asked Aug 17, 2011

Whether I should have Multiple PAN No - Individual + HUF

I would like form a HUF where I will be Karta of the HUF. The HUF will consist of myself (salaried employee), my wife (Professional), my elder Son (Salaried Employee) and my younger son (student). In this situation, I would like to know, wh...

huf-karta multiple-pan huf-account pan-card income-tax

0 votes

1 answers

1925 views

Neeraj 1

• asked Aug 17, 2011

I want to open a new SIP

Dear Pankaj, I want to open a new SIP for INR 2000/ Month for 120 mnths. Please suggest me funds.

sip mutual-fund long-term

0 votes

2 answers

1562 views

Raj Suyash 1

• asked Aug 17, 2011

Mutual Fund Investment

Hi Pankaj, I want to Invest a lumpsum amount of 50,000 for long term, I am a salried employee i alredy have SIP of 7500 per month in various tax saving mutual funds. I have a monthly income of 38,000 and i m 25 yrs of age. Where should i in...

sip mutual-fund investment stocks long-term

0 votes

1 answers

1422 views

Ghanshyam Choudhary 1

• asked Aug 17, 2011

Home Loan - Bank Account in another state

For A NRI seeking HOME LOAN from SBI, is it necessary to have bank account in same branch or State. I have Bank Account in SBI Mumbai whereas i want to avail home loan in SBI Muzaffarpur (Bihar), as the procedure require to submit 6 months ...

bank-branch state-bank non-resident-indian nri home-loan

0 votes

1 answers

1622 views

John 1

• asked Aug 16, 2011

loss in share trading

I earned long term profit [4Lacs] by selling my plot and short term profit [10Lacs] by selling my house. However I lost big time [30Lacs] in share trading. I want to balance the profit earned [14Lacs] in sale of plot & house with that o...

long-term-gain set-off share-trading short-term-gain residential-property

0 votes

2 answers

1841 views

alpha0123 1

• asked Aug 16, 2011

LTCG Tax on property sale for a PIO whose only Indian income is int. on NRO deposits

Hi Pankaj, First, many thanks for providing this valuable service. I intend to sale a flat after April 2012. Assuming the DTC has become law by then I wish to understand how the capital gain will be calculated and taxed: (a) Will the gain c...

pio indexation direct-tax-code long-term-gains ltcg income-tax

0 votes

1 answers

2069 views

sunil 1

• asked Aug 15, 2011

Long Term CG

I purchased a plot in 1998 for Rs. 28000/- and sold it in 2011 for Rs. 13,50,000/-. Now I want to purchase another plot. Pl advise alongwith the quantum of tax would need to pay, if I can't avoid.

section-54f section-54ec residential-plot long-term-gains capital-gains ltcg

0 votes

1 answers

1354 views

Sudhir 1

• asked Aug 15, 2011

Capital Gain

Dear Pankaj thnx a lot pls refer my Q dt 05/08 & 06/08 i have a querry 1.at the time of purchase of plot in 2003 if component of share with my wife is not mention in registry how it will be decided now at the time of selling. 2.can we b...

holding-ratio joint-property capital-gain-bonds capital-gains income-tax

0 votes

1 answers

895 views

suchopra 1

• asked Aug 14, 2011

Claim of Refund

Hi pankaj I was working in a company. Due to some personal reasons i have left the job. They have not credited my performance pay in my bank account but have deducted TDS on the same. I have seen the amount of TDS so deducted in form 26 AS....

performance-bonus form-26as income-tax-refund income-tax-return tds-deduction

0 votes

1 answers

1427 views