Latest Answers (47,757)
 | Tax benefit claim on house loan u/s 24 and u/s 80(C)I have taken house loan and house loan for renovation (on same property) seperately in FY 2016-17 from same bank. The loans are granted in May 2016 and I have taken property... Answered by Vidya Jain 8 years ago |
 | Gift of shares, equity MF, and debt MF to NRI sonI am an Indian citizen living in the US. My father is gifting me shares, equity MF, and debt MF. I want to understand the tax consequences. My specific questions are as follows.... Answered by Abhishek Dugar 8 years ago |
| Filing loss in FnO TradingNeed help in filing losses in FnO trading. I have no other income, traded with borrowed money from friends and family.Loss of around 3 lacs, should i file or just let it go.... Answered by Abhishek Dugar 8 years ago |
 | Tax implication on receiving loaned money backThis question was kept private Answered by Keerthiga Padmanabhan 8 years ago |
| Personal loan to friendsThis question was kept private Answered by Keerthiga Padmanabhan 8 years ago |
| Transfer of fundsi have 1.3 crore in one bank in my name can i transfer the amount to other bank of my own account or to my wifes account? Answered by Keerthiga Padmanabhan 8 years ago |
| Regarding HRAHi, For 2016-17 HRA, my landlord has not provided pan details and unlike every year i can not provide no pan declaration.As a result I had to submit HRA for 8333. Now I got his... Answered by Keerthiga Padmanabhan 8 years ago |
| Taxation and mixing expenses in other headThis question was kept private Answered by Keerthiga Padmanabhan 8 years ago |
| Cash receiptsir please let me know that if i sale goods in multiple bills to a person totaling more than 200000 and if also accept multiple cash payments each less than 200000 at different... Answered by Keerthiga Padmanabhan 8 years ago |
| Treatment of Capital Gains from family propertyHi, This is regarding the anticipated capital gains from a property which has been in our family since ages. The property belonged to my great-grandfather and was passed onto my... Answered by Keerthiga Padmanabhan 8 years ago |
| How to save capital gains fullyHi, I sold a flat on May2016 for 23 lacs and my Father now selling his Flat(June2017) for 28 Lacs. After this we will jointly buy a Flat within next few months for around 80... Answered by Keerthiga Padmanabhan 8 years ago |
| NHAI tax free bondsThis question was kept private Answered by Keerthiga Padmanabhan 8 years ago |
| Capital gain tax on sale of shares of demerged companyThis question was kept private Answered by Keerthiga Padmanabhan 8 years ago |
| Taxability under the Income Tax ActWe have an association viz., VPA Sangha of a particular caste. We collect membership fee and donations for celebration of periodical pooja to the Deity. The main expenditure is... Answered by Keerthiga Padmanabhan 8 years ago |
| Tax on interest on NRE FD when converted to Resident FDI had opened an NRE FD of Rs. 5,00,000/- in the bank in the month of July, 2016. My status changed to resident in Dec., 2016. Bank converted my NRE FD into resident FD and... Answered by Keerthiga Padmanabhan 8 years ago |
| Need help with rates for these categoriesThis question was kept private Answered by Keerthiga Padmanabhan 8 years ago |
| Capital gains tax on house purchased and sold less than stamp valThis question was kept private Answered by Keerthiga Padmanabhan 8 years ago |
| Income tax on arrearsSir I was retired from defence service on August 2016 and joined in bank as a clerk. Defence sources doposited 9000 as tds on my retirement. My bank did not cut any tds till... Answered by Keerthiga Padmanabhan 8 years ago |