ArticleIncome TaxTax PlanningInterest on compensation on acquisition of land: Tax Complexity8 years agoTax Complexity Query 1] My query is taxability of interest received under Land Acquisition Act. I own a land at…
ArticleCompany LawControversial issuesHead Of IncomeIGSTIncome TaxInteresting Income TaxIT JudgementMiscellaneousNRI CornerTDSTaxation of F & O transactions8 years agoTaxation of F & O transactions Query 1] I am trading in equities; both delivery as well as non delivery…
ArticleHead Of IncomeIncome TaxTax PlanningThe PlanningMerger, Demerger & Amalgamation- Tax implications on shareholder8 years agoMerger Demerger & Amalgamation Query 1] 1000 equity shares of face value of Rs. 10 in N.F.C Ltd were allotted…
ArticleControversial issuesIncome TaxTax PlanningThe PlanningAn additional compliance of submitting estimated current Income & Advance tax payment8 years agoAdvance tax payment Query 1] We have read in the newspaper about filing of estimate of income tax return before…
ArticleCompany LawIncome TaxMiscellaneousChange in the base year from 1981 to 2001 is for all classes of assets8 years agoclasses of assets Query 1] I am senior citizen. My present means of livelihood is my pension and bank FD…
Company LawControversial issuesHead Of IncomeIncome TaxTax PlanningEven small size firm are to get its accounts audited if income offered for taxation is less than 8% 8 years agotaxation is less than 8% Query 1] We have 2 small Partnership Firms, one doing trading and other doing profession.…
Income TaxNRI CornerTax PlanningThe PlanningNRI & taxation of mutual fund investments8 years agotaxation of mutual fund investments Query 1] My daughter purchased shares of Persistent Systems Ltd in 2009. She became NRI…
ArticleIncome TaxTax PlanningExchange of property results in capital gain tax liability8 years agoQuery 1] Exchange of property My father co-owns a plot with his brother. A builder has approached for development of…
ArticleIncome TaxTax Planningsite info 1477004538 years ago487Lorem ipsum dolor sit amet, esse nemore per ea, his debitis scribentur te, usu eu iudico menandri. Eam ne periculis…
ArticleIncome TaxTax PlanningUnsold flats of builders attracts tax on notional basis8 years agoUnsold flats of builders attracts tax Query 1] I am a public sector employee; net taxable income from salary is…
ArticleIncome TaxTax PlanningProfessionals excluded from maintaining accounts if offers 50% of receipt as income8 years agoQuery 1] I am a salaried employee. I have taken home loan from a recognized financial institution. Until last year…
ArticleIncome TaxTax PlanningUncategorizedCurbing cash transactions through Income Tax Law8 years agoQuery 1] I have a query, the answer to which I haven’t been able to find on the internet in…
ArticleIncome TaxTax PlanningUncategorizedPayment for eviction of tenant is eligible for deduction8 years agoQuery 1] My father age 91 is a landlord in Mumbai. One of his tenants is selling his premises to…
ArticleIncome TaxTax PlanningUncategorizedIncome tax without actual income: Second house property8 years agoQuery 1] I am 37 years old, working in a PSU for last 14 years. I had taken a home…
ArticleIncome TaxTax PlanningUncategorizedCost Inflation Index for the FY 2017-18 notified as “272” 8 years agoQuery 1] I & my wife are both senior citizens and I want to take medical insurance for both of…
ArticleIncome TaxTax PlanningUncategorizedQuoting of PAN is mandatory if transaction value exceeds Rs. 2 Lakh8 years agoQuery 1] Whether it is mandatory to obtain he PAN if we sale the goods above Rs. 50,000/- in cash…
ArticleIncome TaxTax PlanningUncategorizedInvest in Gold through Gold Sovereign Bond8 years agoQuery 1] I have gone through the queries & answers on income tax on 2nd house/flat in which you have…
Income TaxTax PlanningNot all proceeds from Life Insurance policies are tax free8 years agoNot all proceeds from Life Insurance policies are tax free Query 1] I am having a LIC policy (Jeevan Anand) for…