Latest Answers (47,757)
 | Is gifting money to mother possible to avoid taxDear Consultant, Good afternoon Is gifting money to mother possible to avoid tax , she is partially dependent on me , if yes how much money can I gift and which section is it... Answered by Shyam Sunder Modani 9 years ago |
 | How many Private Companies should I start?I am planning to buy a 1-crore rental property with 10-lakh yearly rental income from tenants. Here are my objectives. INCOME TAX I wanted to reduce the Income Tax from the... Answered by B Vijaya Kumar 9 years ago |
| Section 54F exemptionI purchased a flat under construction and took delivery of the same in the month of September 2016. I have a land (urban land) which I would like to dispose and repay the loan... Answered by B Vijaya Kumar 9 years ago |
 | Section 54F exemptionI purchased a flat under construction and took delivery of the same in the month of September 2016. I have a land (urban land) which I would like to dispose and repay the loan... Answered by B S Sridhar 9 years ago |
 | Cash deposit of about 5.5 lakhs in my savings accountHi Team, I have a citibank suvidha account with a balance of approx 2.5 to 3.0 lakhs INR. I am in the process of applying for Canada PR for which I would need to show balance of... Answered by Keerthiga Padmanabhan 9 years ago |
| Got income tax notice for non filing the ITRSir I was doing intraday share trading during FY2009-2010 and 2010-11. I just invested Rs. 70000 and did share trading with the margin of share broker and the turnover was rs.... Answered by Keerthiga Padmanabhan 9 years ago |
| Taxation of development projectI am an Indian national, residing in India at Dombivli, Dist. Thane, State Maharashtra. I am a member of a Co-Operative Housing Society, classified as Tenant Ownership... Answered by Keerthiga Padmanabhan 9 years ago |
| GST or VATwe have a restuarant in sindudurg dist maharashtra which belongs to our father.our father has expired few months ago.as per his will we 5 legal heirs have equal share.but one... Answered by Keerthiga Padmanabhan 9 years ago |
| Double taxationI was in Canada from Nov-2015 to March-2017. I have paid tax in canada as per canadain rule . My income in india during these time were - House rent - Bonus from my company Also... Answered by Keerthiga Padmanabhan 9 years ago |
| Paying rent to wife (HRA)?Can I pay rent to my wife and claim HRA? The house is owned by my wife. She has taken a home-loan where I am the guarantor (but not the co-owner). She is OK with showing the... Answered by Keerthiga Padmanabhan 9 years ago |
| When service tax applicable on IT?Hi, I have IT business, selling customized package of software/electronic products. yet i didn't register for service tax or VAT number. I want to know when i am liable of... Answered by Keerthiga Padmanabhan 9 years ago |
| Can I avail income tax benefit on Home Loan from Parents u/s 24This question was kept private Answered by Keerthiga Padmanabhan 9 years ago |
| Capital gains tax on self constructed propertyMy father constructed a house in 2004. after his demise last year, my mother is planning to sell it and move with me. Its valuation according .to approved valuer is Rs.35lacs... Answered by Keerthiga Padmanabhan 9 years ago |
 | How to get tax exemption for exports without TIN?Hi, Here is a conflict I learn from online. Export as Trader does not require to have TIN/CST as we are not selling inside India, but outside. However, if we buy from a... Answered by Rohit R Sharma 9 years ago |
| JobI am an employee of a MNC and getting 8 LPA. Along with that I have my own business i.e. blogging from which I am getting 6 LPA from advertisements. How can I manage the ads... Answered by Rohit R Sharma 9 years ago |
| How accounts to be maintained in payment gateway dispute?This question was kept private Answered by Rohit R Sharma 9 years ago |
| HRA and Home loan principal and interestHi, I own a house and reside on the same and claim home loan principal and interest benefit. Due to transfer I would have to work (in same city as my own house) in an office 20... Answered by Rohit R Sharma 9 years ago |
| Tax exemption if rent paid to motherThis question was kept private Answered by Rohit R Sharma 9 years ago |