I reside in Government Accomadation , no HRA , pay licence and maintenance fee. Taken home for self stay purpose and pay housing loan interest , joint property, wife housewife, EMI is paid by me. House is given to one ...

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 from my son's investment get added to my ...

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, but wants to register the property ...

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 is considered only a resident if they ...

I made payment of 12 Lakhs in Feb 2006 for a flat but registered in Feb 2021 (due to some title issue n lock in period) .i paid stamp duty on current value its 70L. My Question is what is ...

Hi My wife owns property though she is a housewife. Home loan is being paid off from my bank account. The financial service provider created loan account as both names. Can I claim tax benefits? If Yes, then what is the process?

I sold a property (residence built on a plot) in Lucknow on May 2018 and invested Rs. 50 Lakhs of LTCG  in NHAI Tax Saving Bonds (54EC). The balance of LTCG I paid taxes. I have a flat in Greater Noida ...

assess accounting records data up to date maintained but cash on hand balance is very low in books for kirana stores. question: assess how to increased procedure cash on hand balance in books.  

  1.i.t.assess some shares and old car gifts received from father. 2.i. t.assess house expenses (personal drawings ) Rs:3,50,000/- used one finicial year. Question: 1.how to accounting entries passed above gift transactions both persons books. 2.house expenses Rs:3,50,000/-one finicial year allowed in I.t. act.