anoop 1

• asked May 4, 2012

Required Investment Declaration form for FY 2012-2013

Hi, can any one provide me with the Investment Declaration form for FY 2012-2013.

declaration-form investment-declaration income-tax

0 votes

1 answers

1568 views

suren 41

• asked May 4, 2012

purchase DDA flat on POA on installment

My father purchased a DDA in Delhi on leasehold basis on power of attorney (POA) . We are now paying the monthly instalments to DDA, The instalments ,electrcity bill and water bill are deposited in the name of seller/original allottee. Can ...

dda-flat lease-hold power-of-attorney tax-exemption

0 votes

1 answers

1566 views

dinesh_nayyar 1

• asked May 3, 2012

Term Insurance

I want to buy term insurance for My self and my wife please suggest me good Insurance Company.

good-term-plan term-insurance life-insurance

0 votes

1 answers

1205 views

sri_giridhar 1

• asked May 3, 2012

Capital gain tax on sale amount of an agricultural land

Hi Pankaj I have bought 3 acres of agricultural land in 2008 with purchase price as 375000 per acre and sold the land with selling price of 600000 per acre in April 2012. Meanwhile I am going to buy another agricultural land nearby to my ci...

capital-gain-tax section-54b agricultural-land income-tax

0 votes

1 answers

930 views

dharsan 1

• asked May 2, 2012

LTCG on sale of land by repaying home loan

Hello Sir, I would like to know if there is a way to claim tax exemption with the following case. I had bought a residential land little more than 5000 sqft for around 15 lacs & registered in my name during the year 2001 in Chennai. Lat...

sale-of-land residential-land section-54f long-term-gains home-loan income-tax

0 votes

1 answers

1900 views

Prem Parkash 1

• asked May 2, 2012

is amount gifted in blood relation be deducted from gross annual income of donner for calculating total taxable income

dear Sir, Is any amount say Rs. 200000/- gifted in blood relations say to mother or brother by me will be deducted from my gross annual income for computation of my annual taxable income.

gift-to-relatives tax-exemption income-tax

0 votes

1 answers

1561 views

Rajneesh Mehra 1

• asked May 1, 2012

Child's Tuition Fee deduction u/s 80C in FY 2012-13

Dear Pankaj, In your description on the proposed provisions for deductions from income u/s 80C for FY2012-13, you mention the amount as Rs. 1200 per annum. I think this amount if per month. Please clarify.

education-allowance tuition-fees section-80c tax-deduction children-education

0 votes

1 answers

4611 views

NRIPIO 16

• asked Apr 30, 2012

NRI zero tax return

First of all its a very informative forum for Finance and Tax related insights. I am an NRI and am keen to file a Tax return. Please note this is the first time I will file a return. I have joint NRE accounts with my spouse who is PIO. My i...

nro-account non-resident-indian income-tax-return

0 votes

1 answers

1682 views

shanthakumar 1

• asked Apr 28, 2012

is it absolutely necessary to keep the gain amount in GAIN ACCOUNT ONLY

I have sold a site for Rs.40 lakhs about 15 days back and is in the process of buying the flat in about one month time(definitely). I have kept this 40 lakhs in FD ( as i did not know about the capital gain account). Will there be any compl...

cgas fixed-deposit capital-gain-account capital-gains

0 votes

1 answers

985 views

passport 1

• asked Apr 27, 2012

ECNR cancallation

DEAR Mr.Pankaj, I HAVE A SCHOOL TC AS matriculation (10th class) discontinued , BUT I DID 10TH VIA TUTIORIAL & I HAVE ONE SUBJECT ARREAR , but I have a PAN card, & I FILLED IT RETRUN FOR THE LAST YEAR & I COMPLETED BCOM IN ALAGA...

ecnr-stamp

0 votes

1 answers

887 views