Sagar JayawantSale 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 Sagar Jayawant 9 years ago
Sagar JayawantForeign bank deposit
Hello, 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 Sagar Jayawant 9 years ago
Shashank SuranaRegarding ITR
Hello Sir, due to some reasons I forgot to fill my ITR. So, in order to get saved from penalty's please advise how to fill it soon. I'll positively fill it today itself.
Answered by Shashank Surana 9 years ago
Shashank SuranaActual value of flat sale is more than stamp/registered value
Hi, I sold my flat last year in Hyderabad, and the sale/market value of the flat was more than the stamp value. For e.g. the payment I received is 30 lacs, where the stamp value...
Answered by Shashank Surana 9 years ago
Shashank SuranaQuery on Form 15G and Form 26AS
Hi Team, I have a query where I am willing to seek advice. I have a account where I opened a fd and given form 15g , now after two months I required some money and have to close...
Answered by Shashank Surana 9 years ago
Shashank SuranaEfiling
sir, My total income is Rs 7,52,289 Rs 1,32,929 + 6,289 (Housing loan interest for FY + LIC premium) + Std amount Rs 2,50,000 must be deducted from the above total income , So...
Answered by Shashank Surana 9 years ago
Shashank SuranaIncorrect pan updated in bank account - repercussions
Hi, 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
Shashank SuranaSale 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
Shashank SuranaTax on property
I 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
Shashank SuranaCan HUF open more than one bank account
Please 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
Shyam Sunder ModaniCapital gain tax as NRI
I 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 Shyam Sunder Modani 9 years ago
Shyam Sunder ModaniTax on property
I 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
Shyam Sunder ModaniIncome from property leased to father
I 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
Shyam Sunder ModaniCan HUF open more than one bank account
Please 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
Shyam Sunder ModaniTax on property
I 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
Shyam Sunder ModaniCan I take rebate on the interest paid and principle amount paid
Dear 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
Shyam Sunder ModaniForeign bank deposit
Hello, 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
Shyam Sunder ModaniTreatment of Loss on Sale of Mutual Funds in MAT
The 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