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?
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?
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
This Query has 2 replies
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
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)
This Query has 1 replies
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
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???
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?
This Query has 2 replies
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.
This Query has 1 replies
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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TCS Share buyback | Income tax exemption