i got an affidavit made on rs 10 stamp paper and even got the notary done for proof of date of birth in 2009.but i did not get it used.now i again need a affidavit can i use the same affidavit or is there any expiry time after notary is done

Hello Expert,
I am planning to buy agricultural land at my home town. I am falling in 30% tax slab.

Can you pls advice me with your valuable inputs:

1. Is there any benefit/drawback in purchasing that land in my name ?

2. Should I purchase this land in my Father's(Sr. Citizen) or wife's name ? since I am falling in 30% slab of income tax.

If I have 25 to 30 employee. The ESI & PF is applicable. If applicable kindly brief me what should i do for the same.

My client wants to sell his property in India and from sale proceeds he wish to start a restaurant in Australia. Can he remit outside India and what are the procedures to be followed. And whether he need to form company overhere and then invest overseas??

sir
my late father used to pay income tax on behalf of huf.he died 5 years back. the property has to be divided my uncle and me.due to some differance its under pending,but we are equal dividinag the the rent,but we are filinag the tax under his name is it ok nor not.can we file income tax seperatly for rent we recive without divding the property.(with do course it will done)if yes what is the procedure

thanks

madappa

As per Income tax status is NRI.

Having rental income in india which is received in indian Rupees and depositing in the NRO a/c.

To save tax can Investment u/s 80C like Bank FDR, Mutual Funds, PPF etc.

Dear Expert
Durng signing of xml file, following problem I face........

Cant read the file for signing:c/fakepath:xml file

My DSC is newly made and registered in Income Tax.

PLZ...........solve my problem

I)wrong Pan No quoted in form 16 by the employer
II) Received a letter from ITO regarding non-credit of refund due to mis-matching
II) Submitted photo-copy of PAN CARD to the employer for future correction

Please suggest remedy for current correction of present anomalies.( Return submitted etc)

A CHAUDHURI
DURGAPUR
15/12/10

Hi,

I am moving to a new organization after serving more than 5 years in the present company. I want to withdraw my PF balance and re-invest the whole balance in the in PF account of new employer.

My queries are :

1. Can I claim 80C deduction again this for the re-invested PF balance?

2. For tax perspective, which is the better option. Withdrawal of PF balance or transfer of balance to new employer.

Sir
i want to know that, i m going to book flat in pune in Dec. 10 and whoes possession will be given in the dec. 11. he charges price inclusive of service tax applicable in dec. 10 i.e 2.50% however my i will getting possession in next FY so i pay tax at 2.50% or of next year's rate which might be coming down