Latest Answers (47,185)
 | Tax benefits when having more than 1 propertyIncase I have 2 properties , can I show ANY one of them to be self-occupied irrespective of the fact where I actually reside/self-occupy. As I know it is always beneficial to... Answered by Shyam Sunder Modani 9 years ago |
| Share transfer from individual to companyIf I own shares of a Pvt. Ltd. Company in my name and want to transfer it to a company I am part of in the shareholding ~45-49%, is it possible without paying any money /... Answered by Shyam Sunder Modani 9 years ago |
| Refund statusDear Sir/madam, I have filed my Income Tax Return online for the assesemnet year 2014-2015 which is having refund. Now On Income tax website is showing that my ITR is processed... Answered by Shyam Sunder Modani 9 years ago |
| Document proof in lieu of salaryif someones salary is 15000 p.m and the employer is not issuing salary slip or form 16 as no tax is deducted from the salary..what other document can he ask for as a proof of... Answered by Shyam Sunder Modani 9 years ago |
| Tax on long term capital gain for commercial plotWe have purchase a commercial plot from HUDA ,Gurgaon in open auction with allotment letter dated 12-03-1990 in Rs. 2236000/-out of which 25% (559000/-) was paid in march 1990... Answered by Shyam Sunder Modani 9 years ago |
| Income tax querysir i m central govt. employee i paid tax and return bhi file kiya hai refund tax bhe a/c me aa gaya hai lakin audit team jab aayi to paya ki mere income me 10% furniture ke... Answered by Shyam Sunder Modani 9 years ago |
 | Refund statusDear Sir/madam, I have filed my Income Tax Return online for the assesemnet year 2014-2015 which is having refund. Now On Income tax website is showing that my ITR is processed... Answered by Deepak Rathore 9 years ago |
 | Income tax querysir i m central govt. employee i paid tax and return bhi file kiya hai refund tax bhe a/c me aa gaya hai lakin audit team jab aayi to paya ki mere income me 10% furniture ke... Answered by B Vijaya Kumar 9 years ago |
| Number of bank accounts in form ITR-2My chartered accountant put down 1 in the number of bank accounts whereas I have two NRO and two NRE accounts, Form 16A clearly shows TDS from the two NRO accounts. First, I'd... Answered by B Vijaya Kumar 9 years ago |
 | Tax on long term capital gain for commercial plotWe have purchase a commercial plot from HUDA ,Gurgaon in open auction with allotment letter dated 12-03-1990 in Rs. 2236000/-out of which 25% (559000/-) was paid in march 1990... Answered by Sagar Jayawant 9 years ago |
 | Tax on long term capital gain for commercial plotWe have purchase a commercial plot from HUDA ,Gurgaon in open auction with allotment letter dated 12-03-1990 in Rs. 2236000/-out of which 25% (559000/-) was paid in march 1990... Answered by Vijay N. Kale 9 years ago |
| Income tax querysir i m central govt. employee i paid tax and return bhi file kiya hai refund tax bhe a/c me aa gaya hai lakin audit team jab aayi to paya ki mere income me 10% furniture ke... Answered by Vijay N. Kale 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 Vijay N. Kale 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 Vijay N. Kale 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 Vijay N. Kale 9 years ago |
| Capital gain tax as NRII purchased a under construction property when I was a Indian citizen with home loan. At that time I was the sole applicant on the loan documents and purchase documents. Now I... Answered by Vijay N. Kale 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 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 Vijay N. Kale 9 years ago |