I Like to is there any good books for Learning the India Income Tax Savings which must be easy to understand (for a layman) ??
I received a 2400sft plot as a gift from mom on Nov/2009, Now how should i consider the value into my books since its a gift? a)My mom had purchased it for 15,000/- in the year 1984 or b) The Sub register value on date of the gift was Rs 25 Lacs?
In tally the entries should be like : BY Land property Rs _____ TO Capital a/c______ am i right ?
keeping in mind -:
1. That i am totally new to mutual funds
2. Book is in reference to Indian mutual funds
3. lastest information , i mean latest publish book/edition