PUNEET SINGH 1

• asked Jul 26, 2011

e filing or filing it on paper.

hello again sir.. i am planning to start filing returns this year onwards.. is e filing a better option or filing it in the local IT office give me my refund earlier. thanks.

e-filing online-return income-tax-refund income-tax-return

0 votes

1 answers

1454 views

satya 1

• asked Jul 26, 2011

Long Term Capital Gain

Dear Pankaj Sir, (1) I purchased a residential plot in June 2005 for Rs. 1.10 lacs & sold the same in 6.47 lacs in June 2010. (2) Considering the CII index the acquition cost of the plot is 1.58 lacs. The LTCG is 6.47 - 1.58 = 4.89 lacs...

residential-property long-term-gains capital-gains ltcg home-loan income-tax

0 votes

1 answers

1409 views

Gowthami 1

• asked Jul 26, 2011

Where to fill exemption under section 10 in form ITR1

Hello, where to fill the Exemption details u/s 10 in Form ITR 1

section-10 itr-1 section-80c income-tax-return

0 votes

1 answers

45707 views

amit_india12 1

• asked Jul 26, 2011

Tax for income from website

I have income of around Rs 2 lac from a webiste which I run. Which ITR form do I need to choose? Also I have done some expenses on my website (hosting etc) can I deduct this from the income of website for the purpose of tax calculation?

website-income expense-deduction itr4 income-tax-return income-tax

0 votes

2 answers

1326 views

Mohammad Aslam 1

• asked Jul 25, 2011

Do I need to pay TAX?

Hi, Currently I am working in Dubai, my company has planned me to send India by September'2011. I have to stay there upto June'2012. Do I have to pay tax for my income? Will it be for Sep'2011 to Mar'2012 or for whole FY.

resident-status non-resident-indian nri income-tax

0 votes

1 answers

1789 views

satya 1

• asked Jul 25, 2011

Long term capital gain

Suppose I bought a property for Rs.1000 & sold for Rs. 4000/-. The index after 5 yrs for Rs.1000 was Rs. 1500. Therefore LTCG is Rs. 4000 - 1500 = 2500. I made a FDR for Rs. 1500/- in my name out of Rs.3000/- (LTCG). Now I bought a Resi...

residential-property long-term-gains capital-gains ltcg home-loan income-tax

0 votes

1 answers

1491 views

vats28 1

• asked Jul 24, 2011

Regarding current investments in MF and additional investments

Dear Sir, Hello! I am investing Rs. 1000/- in 4 mutual funds since June 2008 every month through SIP:- 1. Sundaram Mid Cap fund 2. Sundaram Tax Saver 3. Reliance Growth 4. SBI Magnum Tax Saver Request you to kindly suggest if these are good...

mid-cap large-cap tax-saver sip mutual-fund investment

0 votes

1 answers

1251 views

Prince_19 1

• asked Jul 24, 2011

Net Salary

if a company deducts 300 as a casual leave and a employee remains absent for 6 days in current month then what would be his net salary?

net-salary

0 votes

1 answers

630 views

Prince_19 1

• asked Jul 24, 2011

Find out gross and basic salary.

If I pay 5000 as monthly income tax then what would be my Gross and Basic Salary?

basic-salary tds income-tax

0 votes

1 answers

1417 views

sethuram 1

• asked Jul 24, 2011

Query on Capital Gains Taxability

Would i have to pay tax on capital gains if Income other than capital gains (After section 80C decuction) + Long Term Capital Gains is less than the minimum threshold limit? Let me explain with an example: Lets say i have the following inco...

tax-slabs taxable-income long-term-gains capital-gains income-tax

0 votes

1 answers

1233 views