My Father’s only Brother is has Lot of Movable & Unmovable Property in illegally . my Grandfather’s Property is Just Valuable 25,00,000 only.but He has now 2 Croce Property now. he earn within 5 years. Please Provide Correct Idea to How i will Complaint to Income Tax office.
my property documents are not yet updated, but loan is very urgent how to proceed?
One of the income tax consultatants has advised me that the loss from house property can not be set off against the income from salaries if it is rented out. He says this provison has been with drawn in 2007 – 08. He says if the property is rented out, the loss arising out of it can be set off only against income from other sources if any & not against income from salaries as i will be claiming HRA exemption for the house i have taken on rent for my stay.
The Bank customer executive before opening of A/c provided so many attractive options like, separate check book/ATM card for customer and as well as mandate holder and the Cheque book can reach customer to which ever address he wants. Also made sure that initial remittance can be made through ACH from US bank. To my dismay, All remittance correctly got credited to NRI A/c but, they insisted the A/c Is in in active status, saying they are not able to verify my name, which was sent from US Checking A/c through online service provider. Even after providing banking statements, remittance particulars, their simple reply was they don’t’ have ability to check with US bankers. on cheque book to Mandate holder, after so many exchange of mails to NRI service/concerned branch, only I could get evasive/irrelevant replies for 3-4 months. After indicating that a legal action will be initiated on this, I just got negative reply from NRI service that there is no separate cheque book for Mandate holder. For the customer too, they will send the cheque book only to USA. And they don’t care about anything else. My money got locked as well I was unable to operate any planned transction in anticipation of receiving cheque book. There was no proactive suggestion or leader available to understand the issue and arrange to resolve it. It was a worst banking experience in my life time. This has resulted me in indirect loss of money due to inoperation of the A/c in addition to mental agony and waste of time in sending repeated exchange of mails. I like to initate action in USA as well in india against such bank. Any Good suggestion in initiating action is welcome.
i had bought equity mutual fond for rs. 30000 in 2007 and i have sold it in 2012 for rs. 22,000 so i have loss of rs.8000 now my question is can loss set of against any long term or short term income?same funda can apply to equity share also?
I sold equity shares last year incurring long time capital gain. I also redeemed some debt mutual funds incurring short term capital loss. Can I offset short term loss on debt MFs against Long Term gain on sale of equity shares?
I run a BPO In Bangalore, india and need a loan against a SBLC that a client is giving. Can any bank provide?
i have filed a writ at high court against a bank for dismissal from service. even after one year they have not filed counter affidavit to the court.now what is the remedy and how to get is early for disposal
Due to not sufficient money in the account the bank started to deduct my money first and now a days it is under negative balance in the ICICI bank. If I do not close this account now what the legal action the bank can take against me?
I am aware that not to expect 100% value of the loan but sometimes a mere 20%, which is quite fair, because you do not intend to repay back the loan in your life time, but the Bank would benefit after your death. Can we fully pay the premuim and assign it to the bank.