Simmy Xavier 1

• asked Aug 14, 2015

Superannuation settlement and Leave encashment

Dear Sir, My husband is a salaried person (40 yrs) and file returns every year using ITR-1 form which includes income from salary and other sources. He worked as an IT professional in a Private company for nearly 2 years. He resigned the jo...

settlement superannuation leave-encashment

0 votes

1 answers

4121 views

ritesh071 1

• asked Aug 9, 2015

long term capital gain on house property

Dear Sir, I have sold my residential flat in august 2015. I have computed 30 lacs capital gain. I booked a residential flat in 2004 and made payments till march 2014 and received possession of flat in April 2014. But the registration of the...

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

0 votes

2 answers

1422 views

Sej2411 16

• asked Jul 25, 2015

ITR for Salary Income and Losses in F&O

Which form should be filed if someone has "Salary Income" and also "Losses in Futures&Options trading, less than 1 crore turnover". Thanks in advance.

stock-trading itr-4 salary-income income-tax-return

0 votes

1 answers

1396 views

VIKAS SINGHAL 186

• asked Jul 24, 2015

Loan to relative

I am in dilemma, My PF account got matured and I am no more interested in investing the amount anywhere as I may need money in near future for some property or for children education. Now my brother-in-law wants money for his business and r...

loan-to-relative gift-to-relatives gift-deed income-tax

0 votes

2 answers

1847 views

ASR 1

• asked Jul 21, 2015

Filing ITR in India while staying abroad

Hi Pankai, I’m staying abroad. I am in abroad and I don’t have any earning from any employment in India. Though, I’ve earned interest from saving bank account. Also, I have few real state but no earning from those either. I need to file my ...

foreign-income e-filing itr-2 income-tax-return

0 votes

1 answers

2235 views

Rajib R 1

• asked Jul 17, 2015

ITR-1 E-filing Form : where to show the interest paid on Home Loan ?

Sir, I am facing some difficulties in filing my E-return for 2015-16 and for that I seek your valuable guidance. I am a salaried employee and fall under ITR-1. When I am trying to e-file my return, I can easily find the field prescribed for...

itr-1 income-tax-return section-24 home-loan

0 votes

1 answers

11307 views

VIKAS SINGHAL 186

• asked Jul 16, 2015

LTCG on Shares

Pankaj, My father (Senior Citizen, Below 80yrs) purchased 600 shares long back in 90's which now become 3600 nos after getting bonus shares at different time intervals, now he want to book some profit by selling the shares. If he sells all ...

ltcg-shares long-term-gains income-tax

0 votes

2 answers

1576 views

suren 41

• asked Jul 14, 2015

How bank deduct TDS? What happen of TDS already deposit if we break FD before maturity ?

I have few doubts on TDS which I framed as following scenario. I searched over net but didn't find any answer. Following is test scenario. Principal amount - Rs 1 Lakh FD interest rate - 12% ( so that calculation will be easier ) So I l wil...

tds-certificate tds-on-interest bank-interest tds-deduction

0 votes

1 answers

1448 views

VIKAS SINGHAL 186

• asked Jul 13, 2015

ITR history

Sir, I have an account on ITR site and e-filing my returns from last 3-4 years now I want to know if some professional / CA files my return then in that case whether my new ITR record will get uploaded automatically in my account or not. wh...

itr-filing e-filing income-tax-return

0 votes

1 answers

1617 views

g1_patil 1

• asked Jul 9, 2015

Annual let-able value for second flat bought in middle of the year

Dear Pankaj, I bought 2nd flat in Sept 2015, which has been rented at 9000 pm. in such case what should be the annual let-able value?? is it equal to 9000 x 12 month ??? or is it equal to 9000 x 6 month since i am getting the income since o...

annual-let-able rental-income income-tax-return

0 votes

1 answers

2409 views