Answers on Income Tax (25,615)
 | Incorrect pan updated in bank account - repercussionsHi, I always appreciate the help provided here. I have a query regarding the income from other sources(bank FDs). I have a salary account with a private bank. I gave my PAN... Answered by Shashank Surana 9 years ago |
| Sale of jewellery of marriage (tax planning)Hi Sir, My aunt did expired and now the jewellery (from marriage 1967) needs to be sold off. How tax liability can be avoided or reduced ? She used to file return within... Answered by Shashank Surana 9 years ago |
| Tax on propertyI have purchased 2nd flat through bank loan which is under construction. I have started full EMI on that and incurring interest on full EMI. When should I declare this for... Answered by Shashank Surana 9 years ago |
| Can HUF open more than one bank accountPlease suggest on the following: Can HUF open more than one Bank account If no, then can HUF transfer account from one Bank to another Bank for convenience of operations Answered by Shashank Surana 9 years ago |
 | Tax on propertyI have purchased 2nd flat through bank loan which is under construction. I have started full EMI on that and incurring interest on full EMI. When should I declare this for... Answered by Shyam Sunder Modani 9 years ago |
| Income from property leased to fatherI had a open land in my name which i gave on lease to my father for 30 years with condition that he will made construction on it and receive rent as his income. he will give me... Answered by Shyam Sunder Modani 9 years ago |
| Can HUF open more than one bank accountPlease suggest on the following: Can HUF open more than one Bank account If no, then can HUF transfer account from one Bank to another Bank for convenience of operations Answered by Shyam Sunder Modani 9 years ago |
| Tax on propertyI have purchased 2nd flat through bank loan which is under construction. I have started full EMI on that and incurring interest on full EMI. When should I declare this for... Answered by Shyam Sunder Modani 9 years ago |
| Can I take rebate on the interest paid and principle amount paidDear Sir, My row house construction became complete in JAN 2015 and builder has given completion certificate. I have not done registry of the property yet and I don't have... Answered by Shyam Sunder Modani 9 years ago |
| Foreign bank depositHello, as a NRI Mr X was employed overseas by an International firm. His all bank deposits are from earned income on which that country taxes are paid. Hence it is not 'black... Answered by Shyam Sunder Modani 9 years ago |
| Treatment of Loss on Sale of Mutual Funds in MATThe Company has been paying Tax as per MAT u/s 115JB. It purchased Mutual Funds, 4 months before the Dividend record date whose NAV @ 10 each. Dividend of Rs. 3 was paid on each... Answered by Shyam Sunder Modani 9 years ago |
| Which ITR to be filed?Dear sir, I am a working partner in a partnership firm.We are 3 partners. We get Rs..75000 for salary(225000).Profit of partnership firm after remuneration is 15000.. I am also... Answered by Shyam Sunder Modani 9 years ago |
| ITR for assessment year 2013-14Hello Sir, The income tax return for assessment year 2013-14 was pending from my end. I have already paid the due amount for which I have received the challan. 1) I am not able... Answered by Shyam Sunder Modani 9 years ago |
| Which ITR to be filed?Dear sir, I am a working partner in a partnership firm.We are 3 partners. We get Rs..75000 for salary(225000).Profit of partnership firm after remuneration is 15000.. I am also... Answered by Vijay N. Kale 9 years ago |
| ITR for assessment year 2013-14Hello Sir, The income tax return for assessment year 2013-14 was pending from my end. I have already paid the due amount for which I have received the challan. 1) I am not able... Answered by Vijay N. Kale 9 years ago |
| Sale of jewellery of marriage (tax planning)Hi Sir, My aunt did expired and now the jewellery (from marriage 1967) needs to be sold off. How tax liability can be avoided or reduced ? She used to file return within... Answered by Vijay N. Kale 9 years ago |
 | Foreign bank depositHello, as a NRI Mr X was employed overseas by an International firm. His all bank deposits are from earned income on which that country taxes are paid. Hence it is not 'black... Answered by Prakash Sinha 9 years ago |
| ITR for assessment year 2013-14Hello Sir, The income tax return for assessment year 2013-14 was pending from my end. I have already paid the due amount for which I have received the challan. 1) I am not able... Answered by Shyam Sunder Modani 9 years ago |