Answers on Income Tax (25,617)

A friend of mine has a trust working on christian ministries. From USA he has received an offer from a donor to give him a loan of about 250,000 USD without any interest and the...

I am a senior citizen 70 years old and have been fighting case in court with my employer for wrongful termination from last 12 years.Recently settlement took place and the court...

If an NRI son gifts / transfers an amount to his father's bank account by cheque or online from his previously earned & saved income in India, what format has to be used for...

I took a home loan in F.Y. 2014-15. My EMI started October onwards. However, I will get the possession in August 2015. Could you let me know how can I claim the interest paid in...

I have another question. Could you let me know what is the max cap for providing money by my father to me or by my father-in-law to her daughter i.e. my wife. The same amount...

I am a senior citizen 70 years old and have been fighting case in court with my employer for wrongful termination from last 12 years.Recently settlement took place and the court...

I am a senior citizen 70 years old and have been fighting case in court with my employer for wrongful termination from last 12 years.Recently settlement took place and the court...

I took a home loan in F.Y. 2014-15. My EMI started October onwards. However, I will get the possession in August 2015. Could you let me know how can I claim the interest paid in...

I am a senior citizen 70 years old and have been fighting case in court with my employer for wrongful termination from last 12 years.Recently settlement took place and the court...

A friend of mine has a trust working on christian ministries. From USA he has received an offer from a donor to give him a loan of about 250,000 USD without any interest and the...

If an NRI son gifts / transfers an amount to his father's bank account by cheque or online from his previously earned & saved income in India, what format has to be used for...

I am a senior citizen 70 years old and have been fighting case in court with my employer for wrongful termination from last 12 years.Recently settlement took place and the court...

I took a home loan in F.Y. 2014-15. My EMI started October onwards. However, I will get the possession in August 2015. Could you let me know how can I claim the interest paid in...

I have another question. Could you let me know what is the max cap for providing money by my father to me or by my father-in-law to her daughter i.e. my wife. The same amount...

I took a home loan in F.Y. 2014-15. My EMI started October onwards. However, I will get the possession in August 2015. Could you let me know how can I claim the interest paid in...

A friend of mine has a trust working on christian ministries. From USA he has received an offer from a donor to give him a loan of about 250,000 USD without any interest and the...

I have a ppf ac. 5 yr extension will get over in mar 2016. will i be able to withdraw whole amount in april 2016, if i opt out and decide not to extend the ac for further period...

Hi, I come under 10% tax slab. I want to give some gifts to my spouse and mother. How can I claim tax exemption for that gifted amount, could you please explain the step by step...