other topic
Purchase of rural agricultural land below stamp duty value is not liable for notional taxation
Query 1] I am a senior citizen and having pension and bank interest as income to meet our needs which…
Pradhan Mantri Garib Kalyan Yojna- 2016: Last call to come clean
Query 1] One of my relative who was a teacher retired in the year 2013 from municipal corporation school. She…
Even self employed person can claim deduction towards rent of house property
Query 1] I am a Central Government Pensioner, 82 years old, drawing pension of over Rs. 70,000/- p.m. I…
Whether 200% penalty leviable for deposits of unaccounted money in the bank
Query 1] Whether penalty @ 200% can be levied even if the income is offered for taxation while filing income…
Demonetization of money & income tax
Query 1] I am a senior citizen retired from the Govt. job 4 years back. Whether the cash deposits by…
Whether two adjacent flats can be regarded as “One ” house property
Query 1] A small query related with the words “One House”, “One Flat “. Is there any restriction regarding…
Categorisation of shares income decides its tax ability
Query 1] I have a query regarding capital gain on agriculture land which is away from city, is in the…
Keep proper records & documents of expenditure incurred on property for claiming deduction
Query 1] I am a middle level person employed in a private firm and filing my IT Return for the…
NRI can continue their PPF account opened when they were Resident
Query 1] My son is working in a US firm since Nov 2015.Hence he has completed more than 180 days…
Issues in Capital gain taxation
Query 1] In Hyderabad, I had my only a residential house. Three year back, I had sold my residential house…
Minor’s income is not subject to clubbing provision in the hands of the Grandfather or Grandmother
Query 1] With the permission of court, I am selling rural agricultural land in the name of our Minor’s income.…
TAX LIABILITY OF NRI ON SALE OF PROPERTY IN INDIA
Query 1] An NRI wants to open a resident saving bank account with our Branch .What are the guidelines. Inward…











