Shivam 1

• asked Mar 31, 2011

Under construction house - Home loan repayment - tax exemption

Hi, I have a home loan for which I started paying EMIs from April, 2010. The apartment is still under construction and I am living on rent in the same city where the apartment is being constructed. Can I claim the principal and interest rep...

possession-year under-construction tax-exemption home-loan

0 votes

1 answers

4061 views

Pranab Biswal 1

• asked Mar 31, 2011

Inquiry for tax saving mutual fund recycling

Hi Pankaj, I have some tax-saving mutual funds & it has crossed 3 years locking period, then how can I recycle that, means I want to sell & invest same money immediately in same mutual fund so that I can get tax benefit again for th...

reinvest elss mutual-fund tax-saving

0 votes

1 answers

1103 views

Anonymous 1

• asked Mar 30, 2011

income tax to be calculated for Financial year 2011 - 2012

I earn 75000 permonth (25000 HRA, 50000 Basic), the break down is as follows 70000 invested in PPF 30000 to be invested in 5 yrs fd 27000 Rent to be paid permonth how much tax wud i pay and how much more can i invest and save tax

80-c ppf tax-saving exemption income-tax

0 votes

1 answers

2146 views

Priya 1

• asked Mar 29, 2011

Source of income

Sir, I have two questions: 1) If a salaried person does intra-day trading in stock market on mostly daily basis then in return of tax under which head the income will have to be shown? 2) In case of intra-day trading, how will the limit for...

intraday-trading business-income stock-market income-tax

0 votes

1 answers

1120 views

Viji 1

• asked Mar 29, 2011

Long Term Capital Gain

Hello, My Mother is 61 and last Oct (2010) she sold her apartment for 17 Lakhs. We did a rough math and see that her LTCG would be to the tune of about 10 Lakhs. At the moment she is undecided about a future investment. Given that she has n...

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

0 votes

1 answers

921 views

sraj3114 1

• asked Mar 28, 2011

REGARDING DA EXEMPTION

PLZ CLARIFY THE BELOW: MY GROSS SALARY @Rs.20600/- per month = Rs.247200/- DA for 12 months = Rs.94371/- Total = Rs.341571/- Actual HRA received from employer = Rs.49440/- HRA paid by me fro 12 month = Rs.72000/- As per ur Income Tax Calcul...

dearness-allowance house-rent-allowance tax-exemption hra

0 votes

1 answers

1805 views

V B Vijaya 1

• asked Mar 28, 2011

Rebate under Sec.80D for Premium paid for mother in law's health insurance

Please let me know if I can claim rebate under Se.80D for the health insurance premium that i have been paying for my dependent mother-in-law.The premium is being deducted from my salary.I am a female employee and my mother-in-law is 75 yea...

80-d health-insurance rebate exemption income-tax

0 votes

2 answers

4746 views

UKathaff 1

• asked Mar 27, 2011

Husband & Father visa ECNR stamp required or Not

Sub: Husband & Father visa ECNR stamp required or Not I've been working in UAE past five years in different companies and i've eligibility to get visa for my dependent so i would like to bring my family under my sponsorship therefore pl...

ecnr

0 votes

1 answers

1168 views

Babu 1

• asked Mar 27, 2011

Withdrawn Provident Fund Exemption Rule

I was a member of Indian Provident Fund for more than five years. After serving in three different Companies involving two states. Due to some miscommunication even though the money was transferred from my account in Karnataka to my account...

providend fund epf-withdrawal

0 votes

1 answers

3021 views

svj 1

• asked Mar 27, 2011

LTCG on sale of flat now , where as i have one flat already purchased 10 month back

please guide me on my above question - if i buy new residential house from sale of existing flat do i have to pay LTCG ? pls note i have already one more flat purchased 11 month back

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

0 votes

1 answers

1621 views