gurinder singh
17 December 2020 at 14:13
My mom is 82years old. She sold a residential property just now.
Can she buy new residential property in my name or my son's name and still get the benifit of capital tax exemption.
YATIN
29 November 2020 at 18:56
Sir
Unlike income tax act, HUF as a person does not have judicial status when immovable property is to be held. Accordingly I plan to purchase property from HUF fund but in my name & PAN in sale deed as well as title document. When I sale this property, whose title records will have my name and my PAN, AIR information in my ITR will have mention of this property. However the capital gains will reflect in HUF income tax returns. Thus though my ITR will have details of this sale transaction in AIR, it will not have any capital gains shown in my ITR while HUF ITR will have capital gains narration but no information in AIR.
What could be consequence of this discrepancy and how do I set this right?
Soumik Bhaduri
19 November 2020 at 20:48
Can a Non-registered society or association apply for PAN card?
If yes, what is the procedure and documents required?
Anonymous
18 November 2020 at 00:53
Consultancy Service is being provided as a PPP Expert(Public, Private Partnership Expert) to the Government of Andhra Pradesh and includes Procurement appraisal and advice on projects referred by the other departments to finance department of Government of AP. This service is provided on a full time basis to the finance dept. Can you please confirm whether services provided above is exempt from GST?
Thanks & Regards
Jawahar
Yash Sanghrajka
17 November 2020 at 18:30
Respected sir/ madam,
i had bought a residential property in june 2010 with a letter of allotment for the same dated 06/06/2010, after which the said property fell into litigation and was finally registered on june 17, in the period between payments had been made to the builder as per the allotment letter. Now income tax department has opened my file for scrutiny and is telling me that the difference in the amount as on 2010 and 2017 of the SVA will be charged under sec56(2) of the act , they are also asking for registered sale deed of 2010 which i do not have as no such deed exists i only have the letter of allotment from the builder , so what would my remedies be in this case?
Thank you for your replies and help
denis
12 November 2020 at 10:06
Dear Sir
We have registered the PTRC number at the Bandra office. We have received a notice from the Nariman Point Profession Tax Department for professional tax payment. We have paid the payment & file the return.
Please advise in the above case.
Pratmit85
08 November 2020 at 19:14
My parents are both senior citizens and I haven't bought any medical insurance for them but I spends a good amount every year for their medical expenses and health check-ups. These expenses are however not hospital bills or hospitalisation expenses. These include regular medicines bought from Pharmacy and normal lab-test like blood-test, X-ray etc done every year. My question is - Can I still show these expenses under "Medical Expenses" and "Preventive Health Checkup" sections of Schedule 80D, even though they are not hospital bills or hospitalisation expenses? Thanks for your advise in advance.
Anonymous
08 November 2020 at 19:06
My parents are both senior citizens and I haven not bought any medical insurance for them but I spends a good amount every year for their medical expenses and health check-ups. These expenses are however not hospital bills or hospitalisation expenses. These include regular medicines bought from Pharmacy and normal lab-test like blood-test, X-ray etc done every year. My question is - Can I still show these expenses under "Medical Expenses" and "Preventive Health Checkup" sections of Schedule 80D of ITR2, even though they are not hospital bills or hospitalisation expenses? Thanks for your advise in advance.
Ram Avtar Gupta
05 November 2020 at 18:56
sir
what is the amount limit of tcs on sale of scrap and which condition not attract tcs
© 2025 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
Taxation
Can an NRI claim TDS deducted on NRO account by filing ITR in India? I think Form -2 an NRI has to fill for this. What if one had claimed and got the refunds, deducted on interest in NRO account in previous years, filling Form -1 and not disclosing the NRI status?