Rohit Telang
09 February 2012 at 13:23
Sir,
Iam residing in Mumbai in a chs.The flat was owned by my father,who passed away 2 years ago without a will.Now the flat stands in my mothers name,who stays with me.I have one married sister.Now my sister wants 1/3 value of the flat.We plan to sell the flat to give her share of the flat.My mother is ready to give half of her 1/3rd share to me now and half after her death.I wish to do a seetlement deed for this to avoid future litigations.
I want your advice on how we can avoid the tax implications after selling the flat.I do not or cannot purchase a flat in Mumbai with my share,however I can purchase a shop in Pune, where I wish to settle,with my share.Please let me know how to avoid the tax.Is gift deed a better option?
SUNDRAM
08 February 2012 at 16:43
IF TDS FORM 26AS AND FROM 16A NOT MATCH.WHAT SHOULD DO
WHOSE AMOUNT FILL UP IN ITR
sunil kher
07 February 2012 at 22:21
I have purchased a flat at thane.I registered sale deed with registrar.While construction I noticed the actual area builder has given in registered sale deed is lesser by 16 sq.ft.I brought it builders notice.He accepted the mistake.he offered me to reduce the cost of premises.Now I have given given him offer that he should give identical agreed area premises or more in same bldg.He said that existing registered sale deed can not be changed.My query is that can addendum to registered sale deed be possible by incorporating the change of premises?Builder & Purchaser,bldg,is not changed.Only floor & flat number will be changed.Kindly advice.
KARAMJIT SINGH
07 February 2012 at 22:10
I had efiled a tax audit return on 03-02-2012. the date of tax audit is 28-09-2011. Is any penalty should be entertain for non e-filling the return before 30-09-2011
lina abood
07 February 2012 at 21:26
Dear Sir,
On 1990 I had bought flat in my country from the money gifted to me by my family.
And again in India I bought 2 more flats, one which I am using it as my permanent residence and another one just vacant. So totally I owned 3 flats.
1-The flat which it is abroad, bought in 1990 and sold on Oct/2011
2-The second flat in India I registered on 27/3/2010 to save on long term capital gain tax i.e. I can’t sell it before 27/3/2013
3-And the third one I am residing in.
How do I avoid paying huge amount of capital gain on flat no. one
In case I sell flat no 2 after 27/3/2013 can I club the money I get from the sale of flat no1 and no2 and buy a new residential property by taking advantage of the capital gain tax law that states ‘one can invest the money within one year before sale or two years after selling’.
Please give me your suggestion.
hitesh
07 February 2012 at 18:41
Dear all can anyone please tell me applicability of Income tax Slab on various heads on Income.
And under which section Income qualify to be taxed under the slab rate
sanjay
06 February 2012 at 21:31
wE HAVE AWARDED A WORK CONTRACT IN BANGLORE wHAT TAX APPLICABLE THERE
Member (Account Deleted)
05 February 2012 at 20:00
Dear Experts,
Thanks for your help
Regards
Ajit P. Jain
04 February 2012 at 21:06
Kindly advice me when the purchase and sales are nil during a quarter under Delhi Value Added Tax (DVAT) quarterly return and as now it is mandatory to file online annexure 2A and 2B
1. How to prepare annexure 2A and 2B in NIL Case.
2. How to file annexure 2A and 2B online in nil case.
Thanking You,
Provisions of h in gujarat vat.
We being manufacture we have effected third party export in the name of Y. Y has sent Form H as per procedure.
Is there any provision to produce Bill of Lading as suporting evidance along with form H.
Vat- Audit dept. have raised this quarry and asking for Bill of Lading.
Is there any notification/Circular about this compalssion...?
Waiting for your reply.
Thanks.