SUBHASH SHARMA
14 November 2015 at 12:43
A HAS EXECUTED A GPA TO B AGAINST A RESIDENTIAL PROPERTY IN 2014.
B HAS SOLD THE RES PROPERTY TO C IN 2015 AND EXECUTED THE SALE DEED.
MY QUESTION IS :-
ON EXECUTION OF GPA A TO B , A IS LIABLE TO PAY CAPITAL GAIN OR NOT.
ON EXECUTION OF SALE DEED BY B TO C , WHO HAS IS LIABLE TO PAY CAPITAL GAIN A OR B, SINCE B WAS GPA HOLDER OF A IN THIS CASE.
Ravindra Pande
14 November 2015 at 11:50
Pl clarify what falls under free of tax liablity.
1. Nephew gifting 10 lacs to aunt (wife of father's brother)
2. Daughter gifting 5 lacs to father.
3. Can a property be gifted?
4. Is there any limit to the amount of gift.
5. Any documentation required?
sobhit
13 November 2015 at 15:00
Sir
My grand father has an house 30year old. Now he died and the is came in the name of my father and grand mother and chacha. Now we are selling this house. What is now capital gain. What istax applicable on it. How to save the tax. Is my father can give the ant in my house loan..whole process of account opening in bank and alll .. Plz tell
Rohit
13 November 2015 at 12:04
I would like to know process of complete partition of a HUF.
All I know is :-
1. make an agreement among members of HUF regarding partition and share of partition as decided by karta.
2. Trnasfer deeds of respective movable and immovable properties in respective names.
I want to what about the cash in HUF. Should it be transferred cash or through banking channels.
Also, What should be intimated to Assessing officer regarding full partition of HUF.
when should the PAN number be surrendered. There are no Assessement proceedings pending.
suggestions will be very much helpful.
Also, Is there any book for practical approach to HUFs.
Regards.
Maheshvjti
12 November 2015 at 00:23
Dear all,
Happy DIWALI to you and your family.
I need your expert opinion for consideration of rental income for Taxation. I have purchased home in Navi Mumbai and I have taken home loan from SBI. I have mentioned my wife as a co owner in the registration document of home but I have taken home loan on my name as my wife is house wife.
Now I am planning to rent my home and planning to make lease agreement between my wife and tenant. If so is it possible to show rental income as my wife's income?or as I am paying EMI of home loan, it will be considered as my income? I am availing tax benefits on home loan EMI.
Maheshvjti
12 November 2015 at 00:19
Dear all,
Happy DIWALI to you and your family.
VHI need your expert opinion for consideration of rental income for Taxation. I have purchased home in Navi Mumbai and I have taken home loan from SBI. I have mentioned my wife as a co owner in the registration document of home but I have taken home loan on my name as my wife is house wife.
Now I am planning to rent my home and planning to make lease agreement between my wife and tenant. If so is it possible to show rental income as my wife's income?or as I am paying EMI of home loan, it will be considered as my income? I am availing tax benefits on home loan EMI.
DKTAZILANOM9909
11 November 2015 at 21:42
Dear Sir,
Can we get tax exemption on reimbusement for the Medical treatment (list provided for Specified Diseases given in rule 3A Section 17(2) of the I.T) in a hospital which is not approved by the Chief Commissioner of Income Tax?
regards
Charudutta R. Mhalgi
09 November 2015 at 15:56
Respected Sir,
If a contractor awarded a contract to sub-contract with material whether it is necessary to deduct TDS-VAT under Maharashtra Value added Tax on sub-contract value.
Kindly advice for the same.
Milind
08 November 2015 at 21:23
R/Sir,
Deceased G1 passed away on January 27, 2014 he had filed return for A.Y 2011-2012,during this period he passed away and R.s 60,000/- refund was calculated by CPC Bangalore and same amount of refundable voucher was dispatched to deceased G1's address Now official of the local post-office department refused to handover the article and suggested that according to post rule " deceased person article can’t be delivered ", then Applicant L1 approached to court and filed a case for having succession certificate to avail aforesaid voucher on her name, court has observed the case and released the order in favor of applicant L1, stating that “ after submitting proof of exact return (Issued by Non-Applicant Income Tax Department) along with judicial court fee stamp on that amount, court will proceed further and then succession certificate will be issued”.
Now L1 has calculated judicial stamp court fees which is 2400/- Rs, Now in madhya Pradesh judicial court fee stamp is not available and due to non-availability of judicial court fee stamp there is no other way than waiting, which is making process lengthy and time consuming for nothing, I called an advocate in high court of Jabalpur and he told me that judicial court fee stamp is not available in high court too due to not franking stamp in Nashik .
Now its more than 1 years since order has been released and I just cant make my case goahead due to non availability of judicial stamp in this circumstances , what should I do ? can I pay judicial stamp fee in form of challan or is there any other online services like GRAS ? is other state Judicial stamp is valid ? may I file an RTI application why there is non-availability of Judicial court fee stamp to revenue department of Madhya Pradesh ? or may I submit a normal application to court stating that due to non availability of judicial stamp I am unable to pay court fee in form of stamp kindly suggest me another way to pay court fee so that process may go ahead ?
Kindly suggest me which way is possible !
Thanks & Warm Regard
Milind
© 2026 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
Service tax vces
dEAR COLLEAGUES
MY CLIENT AFTER OPTING FOR VCES PAID 75% TAX BEFORE JUNE 2014.DUE TO PAUCITY OF FUNDS PAID BALANCE 25% ON 10-11-2015.HE WAS NOT SERVED VCES 2.WHAT ARE THE CONSEQUENCES.