benazir
13 July 2016 at 13:51

Capital gains

While transferring immovable property to major daughter which deed is best either gift deed or settlement deed.What is the stamp duty and income tax for donor and recepient in both cases in tamil nadu


IIT Kanpur
12 July 2016 at 15:16

Itr related

Sir
i am cent govt employee living in our parents house with joint family, i had taken a loan for purchase a land and constructed home on it. the house is vacant as i am living in parent's house', so there is no housing income from it. i am paying Intt Rs 55829 and Principal Rs 107000. i can take claim of principal amount in 80C but where i can get claim of interest on home loan for AY 2016-17. i had taken claim last year in sec 80EE in ITR but now it is removed for AY 2016-17. if i claim it in housing income then income of house will be in minus 55829 and it will reduce our total income. should i claim it in the head of income from house property ?

Anup Kumar
IIT Kanpur
Employee..


Sagar
07 July 2016 at 20:52

Tds applicable to berojgar sanstha

I have doubt on the Berojgar Sanstha.
Some Company are given work to Berojgar Sanstha's Like Mess, Hotel Restoration, Canteen etc.
This Sanstha's are Registered under the District Cooperative Bank. This Sanstha have no PAN no. Then TDS should be deducted or not ?


manali
07 July 2016 at 13:32

How to declare old property.

My Client has sold Property at F.Y 2014-15. Result in a capital gain of rs. 20,00,000/- the original property was purchase 20 year back and was not book in the account. the capital gain was not disclosed in return file on a.y. 2015-16 can i declare this income under the income under the new disclose scheme ( Income Declaration Scheme 2016 ) and can i get benefit of indexing.
kindly advise as soon as possible.


Rajendra Prasad
29 June 2016 at 18:38

Depreciation on let out property

I have building in india taken loan for the same. I have given the building on lease to a company.I do not have any income in india other than rental income. Is depreciation is allowed on this property for Income tax calculation purpose.


manish thakur
29 June 2016 at 10:54

Muncipal corporation tax

what is muncipal corporation tax, and who paid this tax . Owner of property or a person who settled his business ( Rented) on this property.


Mohd Nadeem
25 June 2016 at 01:30

freeze of basic salary

hello, please help me with the query can employer have right to ceil your basic salary and give raise as other payments for example I have salary rupee 100/- ( basic 40, hra 20, travel etc.) and I got raise of Rs 10 next year does it raise my basic proportionately or not...basically what law says...it should raise proportionately to my basic also or will it only include to others.. thank you Nadeem


Mohd Nadeem
25 June 2016 at 01:24

payment of bonus and salary ceiling

Dear seniors, can you please respond on the query regarding I need to know in an organisation does every employee entitle for bonus and incentives or it is management who can only decide that who wil entitle for said bonus and incentives. many thanks to help regards, Nadeem



Anonymous
24 June 2016 at 16:22

Whether tax refundable or not?

hi,e

my total salary is 1600000.i have 3 form 16 out of which on 300000, no TDS deducted by employer.

i have already paid 448000 as penalty on early leaving of job.it is shown in full and final settlement but not in form 16.

Tax already deducted on 448000.

please provide suggestion about how can i claim the tax already recovered by company on 448000?



AMIT KR GHOSH
24 June 2016 at 15:14

Share trading profit calcullation

My Client has Fixed Deposit Interest Income of Rs. 46000/- in 2015-16

Short Term Capital Gain from Share Trading in 2015-16 of Rs. 8000/- & Long Term Capital Gain of Rs. 3000/-

What will be the Tax Calcullation for Filing Return.

Which ITR is to be files ITR1 or ITR 2

AMIT






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