B sold the property to C.IN THE YEAR 1990.Dclaims that he has a will made by his sister E.He claims that the land was gifted to E INTHE year 1972.E had expired and has bequeathed the property to D in the year 2000. what is the solution
I have bought some light fitness equipment from a seller in the US and they are sending the products through courier to India. they have quoted a shipping a charge which does not include the local duties and taxes, how do I find out what the duties and taxes applicable are?
Our old tenant’s son is paying measly rent of rs.20/month. I am sure he has bought some residence flat somewhere, as he is doing good business of selling “Vada-pau”. he owns a mobike and cell phone . such clever tenants lease out their flats and make a source of self income,, they continue staying in chawls paying low rents, always displaying a show that they are not well off & have no income.
i have now sold my flat for 20lacs, can i pay back the loan from the proceeds of my flat without paying property gains tax.
property when bought for 225K and is now approx 1 mil and is a business property? question is that does my brother owe taxes on it? does my brother have to file the ” gift ” on tax returns?
Iam staying in the first house and have bought another new (second) house on loan (spouse is co-applicant, but not co-owner).What are my tax implications regarding HRA,home loan EMI when filling for IT returns.Incidentally my spouse is also salaried in my same office. PLEASE REPLY.
The first house has no home loan, its only that Iam staying in it and purchased the second home on loan.
Is income tax applicable for these transactions?
Just waiting for them to supposedly settle it and no taxes paid on the house for a few years (only the property taxes no real estate). Who will be responsible for the taxes?
Can this account be used to buy mutual funds and commodity trading?
I don’t now how to calculate mutual fund. last month i joined to SBI contra systematic investment plan(growth) of 2000 per month. but i want to know how much my amount increased. and also give me details how to calculate. is there any formula for that?