My employer has shown my 80/D deduction under wrong head. Instead of showing it as health insurance It is shown as HBA interest.
How may I file ITR?
Shall I have to face any probem in future while claiming HBA interest when I buy first home actually as it will be my second home as per form 16?
I have been receiving mobile tower rent from Air Tel @ 10,000/- p.m.. But the tower installed on the land/building is my ancestral property having only 1/3rd share of myself. But the said property is not partitioned yet. But the tower rent is received by me only.. May I show the rental income in my IT Return ?
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I have been efiling my IT Return since many years showing my business income u/s.44AD. This financial year FY 2016-17, I have sold my house for Rs.20.00 lac which was purchased by me long ago. After applying Indexed cost of acquisition, there is no any capital gain. Is it compulsory to show this transaction in my ITR ? If yes, which ITR should I use ? And how to show the nil LTCC ?
Answer nowA bought a flat a decade ago. Less than three years ago, he gifted it to his two sons in equal shares through a registered gift deed. Stamp duty was paid on the prevailing market value. Now sons want to sell it. What would be the value to compute capital gains tax? The price at which the father had purchased or the market price at the time of gift deed as reflected in the registered gift instrument?
Answer nowA has two sons & one daughter. He lost his wife long time ago. A transferred his residential house to his sons B&C, by a registered gift deed. Now A has asked B&C to sell the house and distribute the sale proceeds in four equal shares. My questions are: 1. Can B&C receive sale consideration in 4 equal shares? 2. If not, then B&C will pay the above stated shares to A & Daughter. In such a situation, who would pay capital gains tax?
Answer nowIn orde to learn about Taxation in proper way I want to do some certificate or diploma course in Taxation by correspondence or say distant mode can any expert provide information on this
Answer nowHi team, I have invested in sbi magnum mid cap fund(G), through sip, and can I show this for income tax slab , for saving tax amount. pl guide me
Answer nowI am Indian passport holder and a retired bank officer.
I stay at Toronto Canada on visitor visa since March 2016 and shall be reaching Ahmadabad on 16th Jan 2017.
I have 25000 RS currency notes to be exchanged which I shall be carrying with me
Kindly guide me whether I should submit ANNEX I or ANNEX II REFERRED IN RBI LATESTNOTIFICATION OF DEC 2016
I LOOK FORWARD FOR YOUR GUIDANCE
VINOD DHANAK
TORONTO
I have received payment from LIC for a investment policy for which I was paying premium every year. This payment cane in 2015-16.And I am submitted ITR foe this year already but did not declare this income.Is there any way I can amend this now .
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