first timer 1

• asked Jul 8, 2011

reducing tax liability

Hi, Would you please let me know if there is any way one can reduce the tax liability if one receives a lumpsum as compensation i.e. w/o any breakup for allowances etc. I may add that this cannot be viewed as a compensation recd by a consul...

lump-sum-compensation exemption income-tax

0 votes

1 answers

1270 views

manjulla 1

• asked Jul 8, 2011

long term capital gain on commercial property

Dear Sir, i would like to know about long term capital gain currently i am selling a commercial premise which i own for 6 years and want to buy another commercial premise for setting a factory .i have 2 options buying commercial land and bu...

commercial-property long-term-gains capital-gains ltcg

0 votes

1 answers

2663 views

anu 1

• asked Jul 8, 2011

Query about Income tax

Hi, I am a female salaried employee with income of 2,76000 per annum. My employer is deducting Rs.350 from my monthly salary. I just wanted to know whether it has been accurately calculated or not.

monthly-salary salaried tds income-tax

0 votes

1 answers

1106 views

ajay makkar 1

• asked Jul 8, 2011

about money reciving from clients through mobile phone

hey dear i want to recive money through my coustmer by phone transfer because its is very much time taken to go to bak and be in que so plz sufggest me the solution

imps rgts neft money-transfer business-income

0 votes

1 answers

973 views

iocsachin 1

• asked Jul 7, 2011

is this the correct way to save tax on long term capital gain on property

I was having a property (plot/land)which i sold in March 2011 after 30 years of purchase. Also, i invested in a property in the name of my wife (dependent on me) during 2009 in a construction linked apartment. i am interested in saving the ...

residential-land long-term-gains capital-gains ltcg income-tax

0 votes

1 answers

1798 views

Tom 1

• asked Jul 7, 2011

HRA deduction for rents paid in multiple cities

Hi Pankaj, I have an offer to work in bangalore and I plan to rent an apartment @ 18,000 PM. I am born and brought up in Mumbai and hence I want to keep one apartment for my dependent parents in Mumbai @ 15,000 PM. I am not willing to go fo...

hra-deduction multiple-houses house-rent-allowance hra income-tax

0 votes

1 answers

3525 views

Sam 1

• asked Jul 7, 2011

HUF Bank account

Hi, In case of opening a HUF bank account; Are the signatures of all members of the HUF required to open the bank account or only the karta's details and signatures are required.

bank-account huf-account hindu-undivided-family

0 votes

1 answers

2284 views

pavan02345 1

• asked Jul 7, 2011

employer- employee contribution under NPS???

In a private ltd company, if the employer wants to contribute towards the NPS of the employee, will the employer get the tax benefits?? if so, den under which sections, the co. will get the benefits and how much..???

employer-contribution tax-saving new-pension-scheme nps

0 votes

1 answers

1888 views

sonuvee 1

• asked Jul 7, 2011

capital gains calculation and net consideration

My wife bought a piece of land in 2004 for 3.6 lakhs and sold it for 30 lakhs a couple of months back. Does she have to invest the entire 30 lakhs in REC bonds or can she deduct the 3.6 lakh (which she had paid for the land in 2004) + the i...

sale-consideration residential-plot long-term-gains capital-gains ltcg

0 votes

1 answers

2571 views

darshan 1

• asked Jul 6, 2011

Maintain acccouts books

Is it necessary to maintain accounts books for tax purpose if individuals income is income from shares tarding and bank interest?

bank-interest share-trading income-tax

0 votes

1 answers

1210 views