TULU 1

• asked Mar 3, 2011

INVESTMENT IN MUTUAL FUNDS

SIR I HAVE A SBI DEMAT ACCOUNT AND WANT TO INVEST IN HDFC EQUITY MUTUAL FUND TROUGH IT. IS IT POSSIBLE ? AND IF NOT WHAT ARE THE OTHER AMCs of mutual funds I CAN GO FOR THROUGH IT ?

demat-account mutual-fund investment

0 votes

1 answers

1333 views

ranjan 1

• asked Mar 3, 2011

capital gains on sale of flat

I have sold in December 2010 for rs 50 lakhs a flat that i had purchased in April 1989 for 5 lakhs. I own two other residential flats. I have already paid from Jan 2010 onwards , installments amounting to approx 45 lakhs for a new flat . Th...

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

0 votes

1 answers

1228 views

shivani071177 1

• asked Mar 3, 2011

LTCG ON SALE OF RESIDENTIAL PROPERTY

Hi pankaj and thanks for your earlier reply- it was a relief. Need your help to calculate this: A bought a residentialplot in 1976 for Rs 15000-. He spent Rs 80,000- on construction in 1978, Rs 100,000- in 1983 and took a loan for Rs 500,00...

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

0 votes

1 answers

1854 views

aa_enigma_zz 1

• asked Mar 2, 2011

Clubbing of Income

I rcvd rs. 20 lakh 4m my father through cheque for doing biz. will the income generated from this amount will be clubbed in my father's salary. Thanks & Regards

gift income-clubbing

0 votes

1 answers

1079 views

ad18371 1

• asked Mar 2, 2011

To avoid long term capital gains tax

pankaj, i have 2 residential properties. i live in one and rent the other out. I want to sell the rented one which was bought in Dec 2005 (posession given in Feb 2008) for an amount say X. To avoid LTCG I intend to buy a new flat for amount...

stcg short-term-gain residential-property ltcg

0 votes

1 answers

1040 views

Jaya 1

• asked Mar 2, 2011

Education Loan

Hi, I am getting Rs 30000 as my monthly salary and paying Rs 7000 interest on my education loan. How Much i need to pay tax? What are the different ways to save my tax? Is bike loan included in tax redemption?

tax-saving education-loan exemption income-tax

0 votes

1 answers

1638 views

seablade 1

• asked Mar 1, 2011

Long Term Capital Gain and income tax

My Father who is 75 years of age is earning close to 1.5Lakh as pension and he sold some agricultural land for 20 lakhs which he bought in 1982 for 30000. How much would be tax he'll have to pay for 2010-2011? Thanks

agricultural-land long-term-gains capital-gains income-tax

0 votes

1 answers

1812 views

drdeeppak 1

• asked Mar 1, 2011

tax for doctor

hi,pankaj sir. i am doctor and was working in private nursing home since last year (march2010).i have not filed advance tax for the year2010.as it was self employement,now i mean since october2010 i m working in pvt nursing home on salary b...

doctor

0 votes

1 answers

750 views

shirish 1

• asked Mar 1, 2011

Investment Advise

Hi Pankaj, I need some guideline regarding the investments. I m 30 yrs old & have a daughter of 6 months old & housewife. Parents are not dependent on me. My salary is @ 38Kpm. I pay 12K home EMI. I have invested in ULIP with premiu...

mutual-fund investment tax-saving stocks income-tax life-insurance

0 votes

1 answers

2661 views

sanju 1

• asked Mar 1, 2011

LTA Exemption

HI Pankaj, Have gone through your answers for LTA. I have a question in this regard. Myself & my wife have plaaned to Jammu. As I had some work in Jammu, I have gone early and she joined me after 4 days. We both of us travelled by fligh...

leave-travel-allowance exemption income-tax lta

0 votes

1 answers

3084 views