ANITA 1

• asked Mar 13, 2011

CAPITAL GAIN

HI PANKAJ DEAR I SELL A COMMERCIAL PROPERTY THIS MONTH WHICH I WAS BOUGHT ON BEFORE 29 MONTHS PLEASE HELP ME TO KNOW ABNOUT THE CG AND ALSO I WANT TO TAKE A PROPERTY IN NEXT MONTH HIGHER THAN MY EARLIER PROPERTY COST IS THERE ANY CG ON MY S...

commercial-property short-term-gains capital-gain income-tax

0 votes

1 answers

1139 views

maduraibala 1

• asked Mar 12, 2011

Investment in Bonds u/s 54 EC

For the purpose of claiming exemption u/s 54EC, whether the entire sale proceeds are to be invested in bonds or only the net consideration equal to the capital gains is to be invested

section-54ec long-term-gains capital-gains ltcg income-tax

0 votes

1 answers

1648 views

Somin 1

• asked Mar 12, 2011

Revised ITR for AY 209-10

I've filed AY 2009-10 return on Paper. For AY 2010-11 while i was filing online return. I commit mistake and paid self assessment tax for AY 2009-10. Now while i am filing revised ITR for AY 2009-10 online, getting error that "This is your ...

revised-return rectification online income-tax-return

0 votes

1 answers

1864 views

pranay 1

• asked Mar 12, 2011

Tax rebate

I am a salary holder person. I want to purchase a two wheeler taking loan from a bank.Can I get tax rebate on loan interset and principle amount for financial year 2011-2012?

auto-loan interest-payment salaried tax-exemption

0 votes

1 answers

1848 views

kanth 1

• asked Mar 12, 2011

capital gains tax

I have sold a flat in June 2010 and it was registered in June 2010 (total amount 9.5 lacs & capital gains comes to around 5 lacs) (the property was in another city). I have not invested the amount in any house or property. Please let me...

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

0 votes

1 answers

1035 views

shivani071177 1

• asked Mar 12, 2011

Gift tax in blood relation

Dear Pankaj You mentioned that -In case gift is to be given in blood relation, a family settlement deed may also be done, which even has a lesser stamp duty percentage rate. So in case father gives a gift to his son in Delhi- what is the st...

family-settlement-deed stamp-duty delhi gift-tax

0 votes

1 answers

3079 views

kplkpr 1

• asked Mar 11, 2011

can any one help on what will be the actual tax deduction on the following package for 2010-2011

Basic Salary 25000 House Rent Allowance 12500 Transportation Allowance 900 Special Pay Allowance 12817 Gross Salary 51217 Medical Reimbursement 1800 Conveyance Reimbursement 1500 Communication Reimbursement 1445 Current Cost of Medical Insu...

income-tax

0 votes

1 answers

936 views

arvindakamath 1

• asked Mar 11, 2011

Sale of land - impact of capital gains tax

Hello, I sold a piece of land, which was earlier transferred to me vide Gift Deed by my father in the year 1999 (market value mentioned Rs 2.50lacs in the Gift deed). The land was sold in June 2010 for Rs 9 lacs as per Sale Deed. I have inv...

gift-deed residential-plot long-term-gains capital-gains

0 votes

1 answers

1694 views

Nitin 1

• asked Mar 11, 2011

Exemption for Hearing Impairment

Hi Pankaj, My father (Dependent) has hearing impairment of 80%. For that, I got a Certificate from the CMO, stating the same. I have already spent approx 30K in buying earphones for the same purpose. My question is 1) What is the Section Un...

hearing-impairment exemption income-tax

0 votes

1 answers

1303 views

gopal 1

• asked Mar 11, 2011

Tax liability for working employee

Dear Pankaj, I am offered job with basic, allowances medical, vehicle,LTA,Graduity, house is given by the company(the cost indicated to consider the ctc) etc. I want to know my exact tax liability for 2011012. Where can I find it in your si...

medical hra income-tax lta

0 votes

1 answers

1694 views