khaitan 1

• asked Mar 7, 2011

LONG TERM GAIN

I AM OWNER OF 1/3 RD OF A FLAT AND HAVING A LAND 2 COTTAH. NOW I AM SELLING THIS LAND AND LONG TERM INCOME IS 5.00 LAC. CAN I BUY ANOTHER OR CONSTRUCT FOR SAVING THE LONG TERM GAN TAX. SUNIL

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

0 votes

2 answers

1427 views

Nazir Ahmad Peerzadah 1

• asked Mar 6, 2011

school fees tax exemption

how much is school fee exempted from tax

children-education school-fees tax-exemption allowance

0 votes

1 answers

2043 views

vipul 1

• asked Mar 6, 2011

long term capital gain

my father had bought a plot in 1975 for rs 14 /sq yard amounting to rs 8000 He then constructed a house on the same spending rs 5 lacs and spent about rs 1 lac and then sold the house in 2011 feb for rs 75 lacs what is the capital gains tax

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

0 votes

1 answers

1094 views

tax saving 1

• asked Mar 6, 2011

Excess TDS deduction

I am Working in MNC. Excess TDS has been recovered from my salary by employer as I had failed to submit the proofs of Housing loan in time. How can I get back this excess TDS amount. Please give reply. Is there any option to get back this a...

income-tax-return tds-deduction tax-saving income-tax

0 votes

1 answers

2117 views

Manish KAchhwaha 1

• asked Mar 5, 2011

Apply for transfer PF amount but yet not done.

Dear PAnkaj, I worked almost 4 yrs with LPS, ROHTAK at HAryana and also have PF Receipts and in 2009 i joined another concers so applied for transfer that PF amount to my new PF account in Pune but yet no reply. I also lodge a complaint wit...

epf-transfer epf-claim epf

0 votes

1 answers

1946 views

Ashish 1

• asked Mar 4, 2011

tax on arears of salary

plz tell me that if i am receiving my last year's salary in this fy in june how is the calculation of tax for the last year will be done...something like form 10E is said to be filed for savings of the last year..plz guide thanks

tax-computation arrears income-tax

0 votes

1 answers

908 views

arupkol 1

• asked Mar 4, 2011

capital gain tax

I got a house on gift from my mother in 1976.I myself constructed a house in 1998 and using it as my residence. Now I want to sell house which I got on gift.I want to purchae a flat other than the house where I am living.Would i get capital...

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

0 votes

1 answers

1015 views

roarya 1

• asked Mar 4, 2011

long term capital gains tax

I bought Flat A in 2007, then I Bought flat B in Jan 2011. I Sold flat A in Mar 2011. Can I offset capital Gains tax of Flat A against Flat B.

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

0 votes

2 answers

1310 views

ksb111 1

• asked Mar 4, 2011

How to reduce tax on capital gain

I am Suresh Bharadwaj from Hyderabad. My mother has a flat in Hyderabad, we are planning to sell it off and our plan is to buy an individual house. But to buy a individual house the amount gained by selling the flat is not sufficient so I h...

tax-saving long-term-gains capital-gains income-tax

0 votes

1 answers

1213 views

shivani071177 1

• asked Mar 4, 2011

FAIR MARKET VALUE FOR CALCULATING LTCG

Dear Pankaj, As you mentioned, Cost inflation index used in calculations of indexed cost was started from the year 1981-82. So you will have to assume a fair market value in 1981 to compute capital gains for a plot of land bought in 1976 fo...

fair-market-value long-term-gains ltcg income-tax

0 votes

1 answers

2606 views