VIKAS SINGHAL 186

• asked Aug 5, 2011

Gift tax in blood relation

You told me that Rs 50000 is the limit of gift to any of blood relation relative, my question is can I gift Rs 50000 to more than one relative i.e. Rs 50000 to spouse, Rs 50000 to my daughter (Minor) & Rs 50000 to my son (Minor) in the ...

blood-relation gift-tax income-tax

0 votes

1 answers

3769 views

nasir 1

• asked Aug 5, 2011

How to check PF balance online ?

Hello My PF account No is DL/24264/085 Please let me know what is my "Establishment Code", "Est.Extension", "Employee Number" .And also give me information with which date I need to field following field : Establishment Code Est.Extension E...

establishment-code epf-balance-online provident-fund

0 votes

1 answers

3207 views

Sudhir Pundir 1

• asked Aug 5, 2011

How to manage capital gains tax?

Dear Pankaj, You are doing excellent job. My Q is i have purchased a plot of 6.0 lakhs in joint name with my wife in year 2003. now i want to sell it for a price 1.50 crore. further i want to buy a plot of appx. 1.0 crore and a flat of appx...

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

0 votes

1 answers

1949 views

P Gopal 1

• asked Aug 4, 2011

Demat Account

Hi Pankaj, Could you please guide me how I can use a demat account to manage my mutual funds of different companies through SIP? Thanks for your valuable time and advise, PG

demat-account sip mutual-fund

0 votes

1 answers

2278 views

rada 1

• asked Aug 4, 2011

icici pru life stage pension growth option

I started my ICICIprulife stage pension policy in 2008,with a premium of 200k, till now it shows very less appreciation say arouns 6-7% over all, so if I keep on paying premium for next 20 years as per term is it beneficial, or should i dis...

icici-prulife-stage retirement-solution surrender-value pension-plan

0 votes

1 answers

2408 views

Madsud 1

• asked Aug 3, 2011

Long Term capital Gain tax

Our partnership firm was allotted an industrial shed in 1963 on hire purchase. In late 70s it was converted to a leasehold property worth about Rs. 90 thousand. The land was offered to be converted to Freehold in 2005. The conversion charge...

partnership-firm section-54f commercial-property long-term-gains capital-gains

0 votes

1 answers

2146 views

Home 1

• asked Aug 3, 2011

Expemptions under Income Tax DTC

Hi, Pls clarify on the status of the expemptions like a) HRA b) Medical Allowance of Rs 15000 c) Professional Development d) Convenyance/Transport Allowance e) Driver salary/Fuel/Car Maintianence Are all the above mentioned allowance will b...

conveyance-allowance driver-salary house-rent-allowance medical-reimbursement direct-tax-code dtc

0 votes

1 answers

1724 views

ramc10in 1

• asked Aug 3, 2011

How much LTCG would I end up paying if I seel my house for 50 lakhs

Hello Sir, First of all I would like to thank you for such a wonderful forum for people like us.My question is, I lived abroad last few years, and the money I have earned after paying taxes there,I have invested and bought an apartment in I...

residential-property tax-saving long-term-gains capital-gains ltcg

0 votes

1 answers

1402 views

pkal 1

• asked Aug 3, 2011

Declaration of Purchase of Plot

Dear Sir, I have purchased a plot worth Rs. 450000 /- . Source of funds were as follows: a) Loan from Husband: Rs. 100000 /- b) Gift From Husband Rs. 50000/- c) Sale of Shares Rs. 138000 /- Balance from my saving account . While filing my I...

declaration property-purchase income-tax-return

0 votes

1 answers

1037 views

subramanyam 1

• asked Aug 3, 2011

Form 16A given - refund to be received

Sir, In adjustment of others tax deduction, i have received form 16A which results in refund of Rs.48,000/- to be paid to the company once it receives back from the company... In this regard, i have already filed my ROI based on Form 16 giv...

form-16a income-tax-refund revised-return income-tax-return form-16

0 votes

1 answers

2351 views