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Harsh Mehta
This Query has 2 replies

This Query has 2 replies

I understand profit from buyback of shares needs to be shown under "Exempt Income" in ITR.
However under "Exempt Income" there is no option of section 10(34A) to be selected. How to show?


Dipen
This Query has 2 replies

This Query has 2 replies

Dear Experts,

If an individual gifts property to wife or children without any consideration, then that transfer will not be subject to any tax.

However rental income from that property will be taxable in whose hands? transferor or person receiving the gift? Will these attract clubbing provisions?


Ashok
This Query has 3 replies

This Query has 3 replies

Sir, Madam.
I have a Mediclaim policy provided my employer, can I claim the amount of this Policy under section 80D in my income tax return.?

Thank You..
Regards
Rakesh Yadav


D.P.KAPOOR
This Query has 2 replies

This Query has 2 replies

07 August 2024 at 16:09

Rental income from house

sir One property purchase jointly with my wife but total rent amount transferred in my bank account. please advise the total rent may be shown in my Income Tax Return. Yadi mein ITR 2 me Co-ower per tick karta hu to veh rent to divided ka deta he please resolve my problem.
D P kapoor
9810600330


Anand Prakash Garg
This Query has 9 replies

This Query has 9 replies

I am NRI from +10 years.
In FY 2024-25, I will be out of India for 183 days and balance days will stay in India. Will I be considered as NRI
(1st April to 1Sept overees)


shinu
This Query has 1 replies

This Query has 1 replies

18 June 2024 at 15:31

MEDICAL ALLOWANCE BY EMPLOYER

Sir,
Employer pays to employee Rs.28900 (after deducting 500 from their salary),how to treat the same in books of accounts and whether deduction can be claimed by employer or deduction can be claimed by employee


sachin goel
This Query has 1 replies

This Query has 1 replies

HOW TO FILE 2ND TIME REVISED CORRECTION TDS AND ITS PROCEDURE TO DOWNLOAD CONSOLE FILE , ACKNOWLEDGEMENT NUMBER, PREVIOUS RRR NUMBER???


Suresh S. Tejwani
This Query has 1 replies

This Query has 1 replies

MR. X HAS NOT FILED FORM 10BD WITHIN TIME. NOW HE WANTS TO FILE FORM 10BD WITH PENALTY. ON ONLINE PORTAL OPTION TO PAY PENALTY FOR LATE FILLING OF FORM 10BD IS NOT SHOWN. THEREFORE, HOW WE CAN PAY PENALTY FOR LATE FILLING OF FORM 10BD ON ONLINE PORTAL AND UNDER WHICH HEAD?


Proloy Samaradivakera
This Query has 2 replies

This Query has 2 replies

18 June 2024 at 10:29

Capital Gains - CoA calculation

I bought 100 shares of CESC Ltd on 5Aug17 for Rs 950 a share. (Total CoA = 95000). Some time in 22-Aug-18 by scheme of arrangement by the company, I was allotted 20 Shares of CESC Ventures Ltd and 60 shares of Spencers Retail Ltd - he declared base rate of each share being Rs 10 and Rs 5 respectively. The name of CESC Ventures was later changed to RPSG Ventures Ltd.
I sold all 20 shares of RPSG Ventures in 25Jan24 for Rs 751 per share. How will I arrive at the Cost of Acquisition of the 20 shares I sold, for LTCG calculation.


D.P.KAPOOR
This Query has 1 replies

This Query has 1 replies

07 August 2024 at 16:09

Rental Income shown in tax return

The property joint with my wife but rent agreement in my name and rent direct transferred in my bank account. Kaya mein full rent apani income tax ke return me shown kar sakta hun. please advise.
D.P. Kapoor
Mob . 9810600330






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