Hello, Good morning experts. I am an owner of a registered flat in Mumbai. The flat is in my single name. Now I am planning to move in suburban area in Mumbai. Now I am planning to let out this flat and myself with family go on rent to another place. My query is : 1. Can I make my current he agreement in my wife's name as a Licensor, instead of my name? Will it be hold valid in law? 2. What tax implications she would have to bear? Our strategy is clear that we will give our this flat on rent and take another on rent, so in net there are equivalent expenses for the income we generated?

my client instead of deposit self assessment tax in challan 280 but he deposit self assessment tax in 282 as voluntary disclosure scheme mistakenly...now what shud i do to correct it??

DEAR,
I HAVE A LTCG ON RESIDENTIAL PROPERTY. I WOULD LIKELY TO PURCHASE OF MY NEW RESIDENTION FLAT IN MY JOINT NAME.
IN FIRST NAME OF MY MAJOR SON AND SECOND OF ME. SO QUESTION IS THAT SHOULD I HAVE CLAIM EXEMPTION U/S. 54
THANKS

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