ArticleHead Of IncomeIncome TaxTax PlanningThe PlanningUncategorizedPradhan Mantri Garib Kalyan Yojna- 2016: Last call to come clean 5 Dec 20160Query 1] One of my relative who was a teacher retired in the year 2013 from municipal corporation school. She…
ArticleHead Of IncomeIncome TaxTax PlanningThe PlanningUncategorizedEven self employed person can claim deduction towards rent of house property28 Nov 20160 Query 1] I am a Central Government Pensioner, 82 years old, drawing pension of over Rs. 70,000/- p.m. I…
ArticleHead Of IncomeIncome TaxTax PlanningThe PlanningUncategorizedWhether 200% penalty leviable for deposits of unaccounted money in the bank21 Nov 20160Query 1] Whether penalty @ 200% can be levied even if the income is offered for taxation while filing income…
ArticleHead Of IncomeIncome TaxTax PlanningThe PlanningUncategorizedDemonetization of money & income tax14 Nov 20160Query 1] I am a senior citizen retired from the Govt. job 4 years back. Whether the cash deposits by…
ArticleHead Of IncomeIncome TaxTax PlanningThe PlanningUncategorizedWhether two adjacent flats can be regarded as “One ” house property24 Oct 20160 Query 1] A small query related with the words “One House”, “One Flat “. Is there any restriction regarding…
ArticleHead Of IncomeIncome TaxTax PlanningThe PlanningUncategorizedCategorisation of shares income decides its tax ability17 Oct 20160Query 1] I have a query regarding capital gain on agriculture land which is away from city, is in the…
ArticleHead Of IncomeIncome TaxTax PlanningThe PlanningKeep proper records & documents of expenditure incurred on property for claiming deduction7 Oct 20160Query 1] I am a middle level person employed in a private firm and filing my IT Return for the…
ArticleHead Of IncomeIncome TaxTax PlanningThe PlanningUncategorizedNRI can continue their PPF account opened when they were Resident3 Oct 20160Query 1] My son is working in a US firm since Nov 2015.Hence he has completed more than 180 days…
ArticleHead Of IncomeIncome TaxTax PlanningThe PlanningUncategorizedIssues in Capital gain taxation26 Sep 20160Query 1] In Hyderabad, I had my only a residential house. Three year back, I had sold my residential house…