Income TaxCAPITAL GAIN DEPOSIT ACCOUNT SCHEME30 Jan 20120Query 1] My father, aged 71 years, sold his flat for Rs. 12,50,000/- in the month of June-2011 [Market value…
Income TaxNON SUBMISSIONS OF FORM NO. 15H WOULD NOT ATTRACT DISALLOWANCE U/S 40(a)(ia)23 Jan 20120U/S 40(a)(ia) Query 1] Sir, in our case disallowance of expenses has been made u/s. 40 (a) (ia) of Income…
Income TaxAMENDMENT IN SECTION 40(a)(ia)BEING REMEDIAL/CURATIVE IN NATURE, HAVE RETROSPECTIVE APPLICATION16 Jan 20120SECTION 40(a)(ia) Query 1] Sir, in my case, ย disallowance of expenses has been made u/s 40 (a)(ia) of the I.T.…
Income TaxCORRECTION IN INCOME TAX CHALLAN9 Jan 20120INCOME TAX Query 1] I had deposited Advance Tax on 10/06/2009 of Rs. 3,000/- in a Nationalized Bank at Pune.ย I…
Income TaxOWNERSHIP IS A CONDITION PRECEDENT FOR CLAIMING DEDUCTION U/S 24(b) & U/S 80C2 Jan 20120U/S 24(b) & U/S 80C Query 1] Please refer to the Tax Talk dated 30.05.2011 wherein it is mentioned in…