Partha Chattopadhyay
30 March 2019 at 16:11
On selling an ancestral residential house, a capital gain of Rs 2 lakh was made during 2018-19.Now, because of 31st March being a Sunday (Holiday) it is proposed to purchase a capital gains bond (Rural Electrification) of Rs 2L during the week ending on 6.4.2009. Can I claim tax relief for AY2019-20 though I am late by a week in purchasing this bond? Looking for your opinion..
Partha Chattopadhyay
04 September 2018 at 08:48
Sold an ancestral house at the market price with no loss no gains concept. Whether zeo Capital Gains under ITR2 is to be recorded?
Anonymous
21 August 2018 at 16:44
Whether my domestic help (not having blood relations) can be nominated for my insurance policy so as to get the accrued benefits after my demise? My other legal heirs viz my wife and two daughters have already been nominated in other insurance policies.
Partha Chattopadhyay
30 May 2018 at 21:26
Sold out an agricultural land in rural area. It is not considered as capital gain. While filling up ITR2 for efiling I am at a loss to find where in OS (income from other sources) sheet I am to include the amount received and where in EI (exempted income) sheet I am to include this amount for exemption. Seeking advice.
Partha Chattopadhyay
24 May 2018 at 14:06
We are the five heirs having undivided share of a house inherited from our deceased father who passed away in 1972. Now, four of us want to sell our individual shares (80% --- with 20% for each) of the house against a considered amount from the buyer. My query is whether this idea is free from any legal complications since we would like to pay our capital gains tax as per IT provisions.
Partha Chattopadhyay
24 March 2018 at 22:26
GPA was given for the entire property by three of the five legal heirs. Where to seek the remedy against this defective instrument ? Should it be addressed to the office of the registrar (where this GPA was registered) with full details of infirmities for setting it aside before approaching the judiciary?
Partha Chattopadhyay
23 March 2018 at 21:02
Three parcels of agricultural land totalling about 2.52 acres were owned by father who died intestate in 1972 leaving behind two sons and three daughters as legal heirs all of whom are now senior citizens. It has come to notice that a GPA had been given (which was also registered) by three daughters for sale of entire plots of land. It is a point to be clarified whether this GPA can be questioned for its validity and be challenged in a court of law. Also whether a particular heir can dispose of his share (20%) at the govt approved rate.
Partha Chattopadhyay
14 February 2018 at 21:25
Due to heavy construction work by a real estate agency, the house property got serious damages resulting in developing cracks on the walls. Requests for compensation by repairing the house or by providing cash compensation had not been responded by the builder. Please advise how to seek legal remedies.
Partha Chattopadhyay
05 February 2018 at 19:58
Please clarify whether a senior citizen is required to opt either 80TTA or 80TTB to get relief of Rs 50,000 but not both.
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Refund claim for tcs
My (a senior citizen) annual income (from pension & FD interest) is around Rs Rs 11 lakh. While remitting Rs 8 lakh during December 2020 as gift to my daughter at USA, the bank has debited Rs 5000 as TCS from my account. Whether I can claim the refund of TCS while filling the IT return for AY 21-22?