Piyush
This Query has 1 replies

This Query has 1 replies

21 July 2008 at 15:48

Income from House Property

A person having house at one city and he has letout this house but residing other city due to employment and residing in rented accomodation.

Please advise what would be the annual value for the income from house property for this individual.


venugopal raju
This Query has 1 replies

This Query has 1 replies

21 July 2008 at 15:47

FBT on ESOP

How tax is computed under the head CG for the ESOP after taxing FBT at 33.99%?
i.e, If any person has paid FBT on ESOPs, if he is declaring income from ESOP under the head CG, do we need to exclude FBT already paid from the total tax arrived under the head gapital gains? if no wht is the treatment ?


Ajay Hans
This Query has 1 replies

This Query has 1 replies

I have sold a house property and invested in new house which is under construction by a reputed builder with an estimated period of construction 36 months. Agreement to sale is signed by the builder. As per section 54 F, I need to invest within 3 years of property sold to get Long term capital gain exemption.

What will happen if constrcution is delayed and physical possession is given after 36 months of sale of my previous property. Will I be eligible to Capital Gain Tax exemption.


Ajay Hans
This Query has 4 replies

This Query has 4 replies

I have a house property and invested in new house which is under construction by a reputed builder with an estimated period of construction 36 months. Agreement to sale is signed by the builder. As per section 54 F, I need to invest within 3 years of property sold to get Long term capital gain exemption.

What will happen if constrcution is delayed and physical possession is given after 36 months of sale of my previous property. Will I be eligible to Capital Gain Tax exemption.


Ajay Hans
This Query has 1 replies

This Query has 1 replies

I have a house property and invested in new house which is under construction by a reputed builder with an estimated period of construction 36 months. Agreement to sale is signed by the builder. As per section 54 F, I need to invest within 3 years of property sold to get Long term capital gain exemption.

What will happen if constrcution is delayed and physical possession is given after 36 months of sale of my previous property. Will I be eligible to Capital Gain Tax exemption.


seema singla
This Query has 4 replies

This Query has 4 replies

21 July 2008 at 14:46

INTEREST ON HOUSE PROPERTY

An Individual has a self occupied property on which he is getting deduction under section 24 and 80C. The intt left is very nominal. Now he want to purchase another property (deemed to be let out) by availing a new home loan from some bank. He wants to get intt deduction u/s 24 and 80C for the new home loan. Is it possible? I want to know whether he can get deduction u/s 24 and 80C for the intt of the Ist house or for the IInd house or for both.


seema singla
This Query has 1 replies

This Query has 1 replies

21 July 2008 at 14:34

e-filing of Form 26Q

I have created FVU files by using a software for Form 26Q for my corporate and non-corporate clients.I have also generated a form 27A signed by the resp. client. My question is whether it is possible for me to directly e-file the return from the website. If yes, then please tell me the procedure or I have to go to Tin Facilitation centre.


Sundararajan G
This Query has 3 replies

This Query has 3 replies

21 July 2008 at 11:47

Form 16 clarification

I was working in 3 diff. cos in the last financial year and left all of them without any revieving order , form 16 etc.. no tax was deducted any where .

Now i need to file return for the salary i earned in the last f.y, i dont have form 16 nor i have been deducted tds.

Help me to file return


HARSHIT
This Query has 1 replies

This Query has 1 replies

21 July 2008 at 10:56

Gold os Silver Ornaments Purchased

Suppose if gold or silver ornaments are purchased by an Individual then it is to be shown under Investments or under drawings?



Shrishailamallikarjun B K
This Query has 2 replies

This Query has 2 replies

21 July 2008 at 10:47

STT Payment

Dear All,

STT Paid on Sale of Listed Securities(Shares)by an individual not being speculation business if it arises to short term capital gain STT paid on such sale of securities(shares)can we cliam as expenses incurred on sale of such shares.
And in the same way while of purchase of the same will STT paid added to the Purchase Cost of such purchases.

Please get me clear picture sicne if it is speculation business we can claim 88E Rebate up to A.Y 08-09. but if it is capital gain what will be the treatment of STT paid on such transaction.

Regards,

Mallikarjun





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