Answers on Income Tax (25,690)
 | Land registrationDear Sir/Madam, I want to purchase a piece of land which market value is Rs. 4 lakh per 100 square yard but the govt. has overestimated the value of the land and fixed its value... Answered by B Vijaya Kumar 8 years ago |
 | Land registrationDear Sir/Madam, I want to purchase a piece of land which market value is Rs. 4 lakh per 100 square yard but the govt. has overestimated the value of the land and fixed its value... Answered by Shyam Sunder Modani 8 years ago |
| ITR 4 defectiveThis question was kept private Answered by Shyam Sunder Modani 8 years ago |
| ITR4 no books of account for professional feeHello sir, I'm drawing professional fee every month and all these years had not filled anything in balance sheet nor p&l sheet even in no book of accounts, only last fin year... Answered by Shyam Sunder Modani 8 years ago |
| Income tax deductible under 80DDHi , I have two handicapped dependents who % of disability is 80. I came across different portals and sites and it was said that we need to provide a self declaration against... Answered by Shyam Sunder Modani 8 years ago |
| Not satisfied with tax amount generated by CPCFor the A.Y 2015-16, I received a letter from Central processing Center briefing the income and deductions under various sections. But at the end there is a total income tax... Answered by Shyam Sunder Modani 8 years ago |
| Although I am a paid employee - I haven't submitted return or paidI am a 53 aged Co op employee and earnig Rs.700000 per year.But I haven't sumbit tax return as yet.Now I wish to sumbit return.and also wish to remit tax monthly from my salary... Answered by Shyam Sunder Modani 8 years ago |
| I am a freelancer - I never ever paid income taxI earned all money from my websites via Google Adsense. Income is directly deposited to my bank! So no all money i earned is accountable! Following is an estimate of what i... Answered by Shyam Sunder Modani 8 years ago |
| Borrow money to pay education loan interest to claim deductionsI am planning to borrow money from my cousin living abroad and use it to pay interest on my education loan to avail income tax deductions? Is it possible? What formalities do I... Answered by Shyam Sunder Modani 8 years ago |
| Capital gains on listed securitiesI have DP accounts with 2 brokers.( X and Y) With X Broker , I bought Andhra Sugars 1000 @ 129/- in June-2015. With Y Broker, I bought Andhra Sugars 2000 @ 220/- August -2016.... Answered by Shyam Sunder Modani 8 years ago |
| Income tax on second homeI have purchased a second home(flat) in Chennai on housing loan from HDFC and the same is under construction and likely to be handed over by April,2017.First home is in... Answered by Shyam Sunder Modani 8 years ago |
| Taxability of leave encashmentI have retired from psu on 31/5/16. Out of the total encashment (earned leave + half pay leave) of Rs 1000000 my employer gave exemption of rs 300000 at the time of super... Answered by Shyam Sunder Modani 8 years ago |
| Taxability of leave encashmentI have retired from psu on 31/5/16. Out of the total encashment (earned leave + half pay leave) of Rs 1000000 my employer gave exemption of rs 300000 at the time of super... Answered by B Vijaya Kumar 8 years ago |
| Borrow money to pay education loan interest to claim deductionsI am planning to borrow money from my cousin living abroad and use it to pay interest on my education loan to avail income tax deductions? Is it possible? What formalities do I... Answered by B Vijaya Kumar 8 years ago |
 | Shift to ELSS from growth fund not considered for tax benefitI had some previous mutual fund investments in growth fund which i shifted to ELSS scheme without redeeming for investment purpose for FY 2015-16. I asked my mutual fund... Answered by Pradeep Bhat 8 years ago |
| Income tax on second homeI have purchased a second home(flat) in Chennai on housing loan from HDFC and the same is under construction and likely to be handed over by April,2017.First home is in... Answered by Pradeep Bhat 8 years ago |
| Shift to ELSS from growth fund not considered for tax benefitI had some previous mutual fund investments in growth fund which i shifted to ELSS scheme without redeeming for investment purpose for FY 2015-16. I asked my mutual fund... Answered by Pradeep Bhat 8 years ago |
| Income tax on second homeI have purchased a second home(flat) in Chennai on housing loan from HDFC and the same is under construction and likely to be handed over by April,2017.First home is in... Answered by Pradeep Bhat 8 years ago |