Income TaxCOMMERCIAL ESTABLISHMENT – WHETHER OCCUPIED OR RENTED- NOT LIABLE FOR WEALTH TAX13 years agoWEALTH TAX Query 1] Sir, I am a pensioner getting around Rs. 2 Lacs per annum. After including MIS, NSC,…
Income TaxINTEREST PERTAINING TO PERIOD PRIOR TO POSSESSION/ CONSTRUCTION OF THE HOUSE PROPERTY13 years agoHOUSE PROPERTY Query 1] Sir, The following is the case: Loan is take for construction of independent House. Construction Start…
Income TaxTDS NOT REFLECTED IN 26AS13 years agoTDS Query 1] TDS of Rs. 5,400/- is deducted by a branch of State Bank of India on 26/12/2011, from certain amount…
Income TaxTHE YEAR OF ACQUISITION WHEN PROPERTY RECEIVED UNDER WILL IS SOLD13 years agoSOLD PROPERTY Query 1] Sir, kindly guide me in the following matter. The basic threshold income which was not chargeable to…
Income TaxLIC COMMISSION INCOME: WHETHER BUSINESS OR PROFESSION13 years agoBUSINESS OR PROFESSION Query 1] Mr. X is having commission income of Rs. 15,82,760/-. The Commission is derived from LIC,…