ANCESTRAL PROPERTY PURCHASED IN 1936 SOLD NOW- INCOME TAX IMPLICATION
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Query 1] We had an ancestral property purchased by our previous generation in 1936 and a house was built by…
Month: December 2011
RECEIVED NOTICE FOR ARREARS OF DEMAND!
ARREARS OF DEMAND Query 1] I have received arrear demand for the A.Y. 2002-2003 wherein the certain points as mentioned below were…
TRANSFER OF FLAT BEFORE SALE DEED: WHETHER CAPITAL GAIN OR BUSINESS INCOME?
BUSINESS INCOME Query 1] Till now, I used to deposit annually Rs. 40,000/- in my & Rs. 15,000/- each in…
EXEMPTION FROM LTCG FOR INVESTMENT IN MORE THAN ONE HOUSE PROPERTY?
EXEMPTION LTCG Query 1] I have inherited a residential flat bought by my father in 1970 and I am the…
