Dear sir,
I have bought a Flat in the year 2011 through SBI HBL. Now I have sold a land properties having capital gain nearly Rs600000.
If I repay all of it to my HBL account(outstanding loan amount Rs 2000000), can exempted from long term capital gain.
Also please instruct me for other scheme for exemption from long term capital gain

We want to start a business in india and for that we are ready to invest $50000 and $100000 will be given by an american citizen so what should be the exact root for the funds to be recieved in indian business from USA?

one more thing to be kept in mind is that american citizen prefers to invest in an american entity for being safe
and then he (american citizen) wants that
that american entity will then invest the funds in india
now question is what should be the root for the investment by that american company in india.

One of my friend is engaged in the business of plying an hiring of heavy goods vehicle (Nature covered u/s 44AE) and books are not maintained by him. Actually he is not a transporter rather he has two vehicles during the year both of which are engaged in loading and unloading goods of a company.

While filing ITR 4S for F.Y. 2014-15 what should be the relevant code for nature of business as listed in third sheet ('Non BP' sheet)in ITR 4S.

I want to know whether do we need to put the bank account number of minor in parents Income Tax Return if the income of minor is clubbed in the hands of parents.
Also, clarify what will happen if income to be clubbed is less than Rs.1500/- & above Rs. 1500/-

Dear Sir,

in one company they did not file a tds return for 4th quarter for financial year 2014-15.b due to some problems but for first quarter of financial year 2015-16 is ready wether they can file the current year first quarter if they did not file previous year last quarter please clear this issue

Retirement EL encashment for the government employee is a totally tax free, even then my organization has deducted TDS on it, now I have to take refund of that amount, but while checking ITR 1,section 10(i) is not shown, so now what I have to do for claiming the refund?

pls guide I am govt employee. I have salaried income and other income like capital gains(share and mutual fund) including short term, long term, speculative.which ITR form I must use to file .

I have rented out my flat for annual income more than Rs 180000/00. Tenant being individual is paying me full rent and not Deducting TDS out of rent. I want to pay it , By which form I can pay Tax on rental income. I mean will it be a self assesment tax or how will it come u/s 194l. There is no provision to select a form for Land LordPlease clarify

I was working with one CA firm for 3 months in F.Y. 2014-15. I got payment of Rs. 30,000 for 3 months. but as I was not permanent employee, they have not showed it as 'salary' instead they paid Rs. 30,000 and deducted TDS @ 10% under section 194J (professional services). Now my question is should I file ITR 1/2 and disclose it as salary or I need to file ITR 4 to disclose it as professional income as they have deducted TDS u/s 194J. Other than this, I dont have any income for F.Y.2014-15 so I want to claim this refund.

What are the procedures if father want to give cash gift to a children of say Rs 200000/- Is it taxable ?