Hi, I have two properties, one bought in 2008 and "registered" in my name, the other "transfered" in my name bought in 2006. The loan EMIs for the registered property goes from my bank account while for the transfered property the EMIs are paid from my spouse's bank account. Recently I sold the registered property and wish to invest the money in another property.
Now my queries are:
1. since my spouse is paying the EMIs for the transfered property can I transfer the property (not registeras of now) in my spouse's name?
2. Can I show this transfer as Gift and by doing so Can I save on Capital Gain Tax?
3. Can I register another property in my name (since the registered one no longer exist) while still holding on to my transferred property?
what is the meaning of treasury bill? how and to whom it issued and procedure of issuing it? please reply
Answer nowDear Expert,
Can You tell me about Industrial Training period and when it is Possible to do.
Hi,i cleared grp 1 of ipcc in may 12.n so reg for artclship aftr may 12..Plz can any1 guide me in procedure of reg for GMCS course for nov or dec 12 batch.. at WIRC.ICAI..in detail..whn the online form submition of form for the same wl start?????????????????
Thanx In Adv..
Hi
please Tell Me About GMCS-Course During the Articles
Hi,
I am having existing term loan (against co-lateral )and cash credit in a co-operative bank.
For my emergency business need i took other business loan from HDFC .
The HDFC person were/ is aware of our existing loan of co-operative bank
All the EMI of both the bank ( co-operative , as well as HDFC till date are in routine.
But now the co-operative bank says as per rules we cannot take loan from HDFC.
Kindly suggest .
We have raised a sale bill which is OMS sale agaist Form "C" in the month of march.11. Customer has received the bill in apr.12 & they recorded it in F.Y.11-12. Customer is saying they can not give Form "C" for financial year 10-11 instead they will give it in F.yr.11-12. Will sales tax authorities accept this ? If not what is the sollution to this problem?
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Property laws