Advice

pawan (Querist) 26 March 2012 This query is : Resolved
My income for 2011-2012 from
1.pension is 1,84,854
2.Mutual Society 26,626
3.Commutation of Pension 6,08,807
4.GLSI 60,182
Total 9,52,469
Interest 1,05,485 from SB & FDR
Sale of Property 10,00,000 purchased in 2001 in 2,75,000

Please tell me which income is non taxable ?
Where to invest to minimise the tax & how much? what is my taxable income?

Follow Query

Report Abuse

Guest (Expert) 26 March 2012
Only commuted value of pension is non-taxable. If sales proceeds of property is reinvested in any other property, it would also not be taxable as capital gains. What is GLSI?

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries

Rejection of plaint
Ews certificate
Society communication language
Ncr case mumba
Bills are in the husband�s name can be stridhan for wife?
Request legal advice on duplicate selling
Inoperative pan card as id proof.
138 ni act cross examination
Ancestral temple
Non judicial stamp papers bought from lsv.

Vacation judge
Legal notice used for harrasment
Settlement
Is advocate guilty?
Advocate�s duty to justice apply to the pre-litigation ?
Legal opinion on baseless legal notice and law
Dismissals due to defective legal notices
Legal notice content
Validity of legal notice.....
Reposting it because it was marked resolved by mistake