save ltcg tax by investing in business

Query 1] My son owns two independent house properties, one at Nagpur and the other one in Hyderabad. Hyderabad house property was gifted by me to him by executing gift deed in 2002. He want to sale my Hyderabad property ...
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ALL ABOUT LEAVE TRAVEL CONCESSION (LTC)

ALL ABOUT LEAVE TRAVEL CONCESSION (LTC) Query 1] I am a PSU employee. Recently during Oct'2014, I have performed LTC journey (myself and family) in two separate groups i.e. onward journey was performed by my family and myself separately on difference ...
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“TAX SAVING VIA HOUSING LOAN: DEDUCTION DILEMMA

Query 1] I have purchased a flat, registered value Rs. 16 Lacs + Rs. 1.20 Lacs towards registration charges, VAT etc. Total cost is Rs. 17.20 Lacs, out of which bank sanctioned loan for Rs. 13.60 Lacs. I have also applied for supplementary ...
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“TAX ON GIFT MONEY”

Query 1] This query is regarding the gift money and tax implications. As per my knowledge, there is no gift tax payable when amount received from close relatives like father, mother, brother and sister etc. Now, my query is about ...
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“PREVENTIVE HEALTHCARE OFFERS TAX BENEFIT”

TAX BENEFIT Query 1] I have recently retired from Central Government Service. CGHS contribution deduct during the service period was exempt u/s 80D of IT Act.  On retirement, a lump sum amount of Rs. 60,000/-is to be deposit with CGHS, as ...
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“LOGIC & LAW MAY NOT CO-EXIST”

u/s 201(1A) Query 1] Can u please enlighten me on following issues related to TDS.  Interest rate on late deposit of TDS liability is 18% p.a. i.e., @ 1.50% pm or part thereof (effective from the date of TDS deducted). Can ...
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