munishb 1

• asked Mar 16, 2011

STCG from Debt Mutual Funds

Hello, My question is: Can the Short Term Capital Loss from Equity Mutual funds be offset against STCG (< 1 Yr) from debt mutual funds. Can the Short Term Capital Loss from Equity Mutual funds be offset against LTCG (>1 Yr) from debt ...

debt equity stcg mutual-fund ltcg

0 votes

1 answers

1386 views

mobsoftpad 1

• asked Mar 15, 2011

Salary Income tax

Hi, I am a freelancer.I am working for a company as an offsore employee.I joined the company in june,10 and they offer me total ctc 4.2 before that My salary was not taxable. Now when I requested them to send me salary slip then they send m...

incometax

0 votes

1 answers

792 views

bobby 1

• asked Mar 15, 2011

last date for savings

Respected sir, Please tell me upto which date I have to invest or save money to avoid paying tax

last-date savings income-tax

0 votes

1 answers

982 views

vijay 1

• asked Mar 15, 2011

tax rebate

Dear Pankaj, Please guide me in below query. I have losses of Rs. 25000 in trading in current year 2010-11. Will I get tax exemption in filling tax return? If yes then how can do? Regards, Vijay Kumar

capital-loss rebate tax-exemption income-tax

0 votes

1 answers

2212 views

ns01 1

• asked Mar 15, 2011

Indian origin us citizen rental and interest income in india

Sir, We bought and have rented property in india from Jan.2010. Monthly rent is 27,000/- and 10% tax is deducted at source. In addition we have about 10,000 in interest from banks.Can you please advise us on following: 1. Is Indian tax year...

tax-rate nri tds house-rent income-tax

0 votes

1 answers

1720 views

maggss26 1

• asked Mar 15, 2011

Tax saving scheme

Tax Returns AY 11-12. Re Insurance-If the premium is Rs68,000 for a 10lac Sum assured-is this tax deductible?

tax-exemption income-tax-return insurance life-insurance

0 votes

1 answers

1932 views

RAVINDRAB 1

• asked Mar 14, 2011

LONG TERM CAPITAL GAINS TAX

Hi Deepak, I have bought a plot (30'*40") during 1994 for Rs. 35,000. I intend to sell the same the price is aroung Rs. 15 lacs. I donot intend to invest in residential property. What is the longterm Capital Gains Tax I need to pay. Thanks....

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

0 votes

1 answers

888 views

Nitesh Shivdaokar 1

• asked Mar 14, 2011

How to claim Housing Loan Interest while filing returns

hi sir, i would be claiming HRA for 11 months and balance 1 month i will show as rent earned from leased flat. i want to claim the interest component for housing loan while filing returns. how can it be done? i have recvd. leave encashment ...

leave-encashment house-rent-allowance housing-loan hra

0 votes

1 answers

2074 views

mmk gandhi 1

• asked Mar 13, 2011

ltcg on sale of shares in off-market

dear paka batra I have purchased shares of pvt ltd on my wife's name in 2008,and sold in nov 2010 in off-market i.e not through nse/bse. Is it taxable or not. if so what is the procedure to avoid the tax through savings.pls give me reply im...

off-market-sale capital-gains ltcg income-tax

0 votes

1 answers

1505 views

nairkk 1

• asked Mar 13, 2011

Tax on gifted property

HI Pankaj I recieved a flat as a gift from my brother in 2009. He had purchased it in 2003. now if I sell it, should I pay long term capital gains tax or short term capital gains tax? Thanks Krishna

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

0 votes

1 answers

2029 views