TOTAL AMOUNT OF MY INCOME IS
FROM INTEREST:-203000
FROM FAMILY PENSION:-8660
WHERE SHOULD I SHOW THIS ON ITR-1
I have insurance policy of jeevan anand and for that I pay 22000 appx. premium every year. my question is how I get benefit of tax. means my premium amount I claim as tax benefit for every year or its done only once. if I have 500000 earning for year
A and B is joint owner of a house and together taken a housing loan. Loan instalment is paid sometime by A , sometime by B. How they can claim interest deduction for IT purposes?
Also A has another property, how to calculate deem rent for this joint property?
One of our employee has deposited her tax in first quarter in Old Pan Number. (which is Not working) But now showing her name and tax in traces.
whereas she has alloted new Pan number and deposited her tax in next 3 quarters mentioned new Pan Number (active) and showing tax deposited in her name for 3 quarters.
now she want a form 16 from office. But due to two pan card there is mis match in her tax now what is the solution.
What's short term capital gain.and how much percent are charged for capital gain
My client has purchased a residential plot on 23.12.2010 at Rs. 700000/- and sold the half portion on 23.12.2013 at Rs. 800000/- and then purchased another residential plot on 13.01.2014 for Rs. 500000/-.
Pls guide whether exemption u/s 54F will get or not?
Hello, can any one tell me why income tax department is charged Interest on late payment of TDS for 2 month even if delay is for less than 30days. Is it correct to collect interest for 2 months ? e.g. If i have deposited TDS on 10th of July 2014 for the deduction made on 30th June Interest is to be charged @ 1.5% for part of themonth. Why should i pay interest for 2 months though delay is for less than 30days Please solve this query
c.a. is a very tuff course and i can attend college daily and in b.com honors i need to attend college daily!so should i pursue b.com regular?
Hello Experts,
i have filed my 2012-2013 taxes before time (31st july 2013). But i missed to declare some capital gain due to some issues. I want to revise my tax. Can i do it now?
I found someone telling me that i cant revise tax under section 139(5) if my previous year return was approved in assessment by AO.
Can someone please guide on the process?
Also for a foreign stock thats not listed in india, is their a difference between long term and short term gain? Or i have to pay flat 20% on capital gain?
thanks
sunil
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