Basically lately my bf would call me asking where I am.And 5 mintes after we hang up he calls my house phone to see if I answer.I would like to confront him with this matter because it’s ridiculas.What should I say/
A non resident indian has sold a inherited Urban Non agriculture Land in india. What will be the tax rate on such capital gain in india? Is he liable to file income tax return in india if the purchaser has deducted TDS while making Payment?
I have sold gold ETF with a holding period of less than 1 year. This is a short term capital gain.
1. I would like to know the tax rate for this capital gain from gold ETF ?
2. Under which section should I mention this capital gain tax in return form -2 ? Is this STCG under section 111A or not ?
Should this be filled in A(6) of schedule CG ?
I had sold my agricultural land after 5 year. I have sale deed both at the time of purchase and sales mentioning agricultural land on it. I had been having agricultural income of the same land since last five year. Now i just want will it be TAXABLE under indian income tax act capital gain……..
1.)what are the income Tax Implication on the sum received or Capital gain/loss after surrendering ULIP after completion of 3 years lock in period?
2.) How to calculate this capital gain or loss with due example
I had booked a flat in the year 2007. After that construction started. The construction is now complete. I wish to sell the same to a buyer even before the flat being registered in my name, i.e. the sale deed will be between me, the builder, and the buyer, which will be executed in Feb 2012. I will earn some amount from this sale. How the income tax will be levied on this transaction. Whether it will be a capital gain, and if so, short term or long term?
Can U clarify please that share F&O or derivatives transactions profit is a business come like anyother business income & clubbing loss or profit like any other business ? or it’s purely speculative business ? what expenditure we can exempt ? like brokerage, service tax, phone bill, stamp duty, sebi fee, STT from the total profit from it ? can we make set-up of capital gain & speculative share income
each other ? and how many years we can carry forward loss if any ? what is my tax liabilty if i have an income of Rs. 1 lakh from delivery profit ( within year,& paid STT ) & 2 lakh from derivatives profit , brokerage & other exp. is 30, 000 , & I have invested profit Rs., 10,000 in my PPF ?.
If a person has income from following sources:
3)bank/post office interest
Whether he has to fill Form ITR2 or ITR4 for AY 2009-10 in India?
Will income from tuition not be considered as ‘income from profession’? Then it will require form 4.
I think Capital gain income can be shown in any ITR form.
I am resident individual having income from pension and interest.
During last financial year I earned some gain from selling my vacant plot of land. How to calculate the tax on this gain? Also, which form is to be used to show capital gain for filing Income tax? Please advise.
I own an apartment in Delhi. I want to shift to another part of the city. Recently my father-in-law has disposed of his house in Delhi. Is it possible that he buys an apartment in my or his daughters name out of his funds and I move to that house, then I can dispose of my house and buy him back a new house. Is it correct to carry out such transactions from the capital gain and or other tax related issues prevalent in India?