Tax liability for investment under Son’s name

Sir, I am a retired employee and have invested a part of my savings under my son’s name. My son is a student aged 20 years, with no other sources of income. Do earnings […]

Tax and Legal implications for seller on govt value (circle rate) registration of property

I am selling a property (land). Since I am completely tax complaint, I don’t want to deal with cash and wanted the full payment in white (Bank cheque or DD). The buyer is willing, […]

about status

According to income tax rules Residential Status is computed separately for each financial year, that means 1 April-31 March. An Indian citizen who resides outside India and who comes on a visit to India […]

Tax on Long term capital gain