Latest Answers (47,183)
 | Sale of propertyPlease can you advise tax planning if I sell my property in mumbai for 3.75 crore. I have 50 lakhs reverse mortgage with bank. Is this tax deductible? My mother is 72 years old... Answered by Vijay N. Kale 9 years ago |
 | Tax for selling unregistered propertyHi , I booked a flat in 2011 under construction and have received a hand over letter from the builder last week. But I wish to my flat before registering it in my name. How do I... Answered by Swapnil Patil 9 years ago |
| Interest on FDI have FD in bank of 100000 Rs. of interst of 7.75% PA.My question is interest paid by bank is taxable or what is the amount exemption from tax in FD. Give your replay. Answered by Shashank Surana 9 years ago |
| Capital Gain tenure calculationI have taken a ready property in a 10 year old building in January 2013 and made the final payment on 28th Feb 2013 and got possession on the day of final payment ie 28th Feb... Answered by Shashank Surana 9 years ago |
| Capital Gain tenure calculationI have taken a ready property in a 10 year old building in January 2013 and made the final payment on 28th Feb 2013 and got possession on the day of final payment ie 28th Feb... Answered by Swapnil Patil 9 years ago |
 | Capital Gain tenure calculationI have taken a ready property in a 10 year old building in January 2013 and made the final payment on 28th Feb 2013 and got possession on the day of final payment ie 28th Feb... Answered by Shyam Sunder Modani 9 years ago |
 | Compensation awarded by court for wrongful terminationI 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... Answered by B Vijaya Kumar 9 years ago |
| How much income tax & service taxHi, I work as consultant (FY2014-15) and not in the muster roles of the company and not entitled to any employee benefits like, PF, Gratuity, etc. I got around 1,232,000 as... Answered by B Vijaya Kumar 9 years ago |
| Tax planning for MAT paying companyCompany is into manufacturing sector and is paying tax under MAT provisions. Time to time company make investment in debt mutual funds (Growth option) out of surplus funds.... Answered by Shyam Sunder Modani 9 years ago |
| How much income tax & service taxHi, I work as consultant (FY2014-15) and not in the muster roles of the company and not entitled to any employee benefits like, PF, Gratuity, etc. I got around 1,232,000 as... Answered by Shyam Sunder Modani 9 years ago |
| Long term capital gains taxWe have a property area 50 cents, the property is in my mothers name. This property was purchased 15 years back. Initially we were told that once she sells the plot and buys a... Answered by Shyam Sunder Modani 9 years ago |
| Attachment of account under section 143(3) of Income Tax ActRequest clarification on the below :- Can an IT officer attach bank accounts (saving accounts/term deposits) of an individual when proceedings are on under 143(3) of the Income... Answered by Shyam Sunder Modani 9 years ago |
| Compensation awarded by court for wrongful terminationI 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... Answered by Shyam Sunder Modani 9 years ago |
 | Interest on FDI have FD in bank of 100000 Rs. of interst of 7.75% PA.My question is interest paid by bank is taxable or what is the amount exemption from tax in FD. Give your replay. Answered by Deepak Rathore 9 years ago |
 | Compensation awarded by court for wrongful terminationI 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... Answered by Kavit Dilip Gadhia 9 years ago |
| CENVAT Credit on common input servicesCurrently, there are three pools of Input Service Credit available to the Company: a. Input services which are directly related to provision of exempt service b. Input service... Answered by Swapnil Patil 9 years ago |
| VAT registration in West BengalI want to know in detail vat registration process online in detail step by step along with all other related details like deposit aount time taken everything please help me to... Answered by Swapnil Patil 9 years ago |
| Sale of propertyPlease can you advise tax planning if I sell my property in mumbai for 3.75 crore. I have 50 lakhs reverse mortgage with bank. Is this tax deductible? My mother is 72 years old... Answered by Kavit Dilip Gadhia 9 years ago |