COMMERCIAL ESTABLISHMENT – WHETHER OCCUPIED OR RENTED- NOT LIABLE FOR WEALTH TAX
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WEALTH TAX Query 1] Sir, I am a pensioner getting around Rs. 2 Lacs per annum. After including MIS, NSC,…
Month: July 2012
INTEREST PERTAINING TO PERIOD PRIOR TO POSSESSION/ CONSTRUCTION OF THE HOUSE PROPERTY
HOUSE PROPERTY Query 1] Sir, The following is the case: Loan is take for construction of independent House. Construction Start…
TDS NOT REFLECTED IN 26AS
TDS Query 1] TDS of Rs. 5,400/- is deducted by a branch of State Bank of India on 26/12/2011, from certain amount…
THE YEAR OF ACQUISITION WHEN PROPERTY RECEIVED UNDER WILL IS SOLD
SOLD PROPERTY Query 1] Sir, kindly guide me in the following matter. The basic threshold income which was not chargeable to…
LIC COMMISSION INCOME: WHETHER BUSINESS OR PROFESSION
BUSINESS OR PROFESSION Query 1] Mr. X is having commission income of Rs. 15,82,760/-. The Commission is derived from LIC,…
