Hi,
1. Can anyone provide me the rules/ Law/ Procedure/ details for Leave Encashment of Earned Leave during the time of service and on resignation for a Pvt Ltd Company, Bangalore, Karnataka ? And taxability applicable on the same ???
2. Stamp duty and Registration charges incurred for the purchase of a Plot/Site for the purpose of residential house construction can be taken excemption U/s 80 C ? What if the plot/site purchased by both husband and wife as owners in equal ratio?
3. What is the tax exemption of Interest & Principal repayment for the Flat purchased by Husband and Wife as owners through Loan from LIC housing Finance but not yet taken the possession of the house/flat. Thanks &
Regards, Kumar
CAclubindia
