recent changes as in any changes in the past week. My builder is asking me to register my apartment before the end of this week else the registration costs will double by next week.
We have a residential apartment registered in our name (me and my wife ) and wish to gift the same to our married daughter.
We shall, therefore, request you to let us know the tax implication our doing so will have both at our end and at the end of our daughter.
We shall also request you to guide us about the documents which would be required to be executed to gift the apartment.
donee have not transferred the property in their name hence acceptance is not complete. is the donor then the lawful owner of the property today?
( Cash deposit – RS/USD/GBP
Sell Property deposits -Farm Land,Commerical,Agriculture ,Houses etc.
Domestic Account transfers deposits — Friend, Relative, Family members
Domestic NRE/NRO A/c Holder Transfers — ALL
–> Anything else you think off
Total Monthly house rent is 40000 rs … Yearly it amounts upto 480000rs … generally this kind of income draws a tax of 20%. is this payable or house rents are exempted from Income Tax rules ?
TDS means Tax deducted at source under income tax act 1961.
Foreign company means Company registered in United Kingdom.
I have a company , my company has made losses this year, does my company still need to pay income tax ?
Brad sells houses and recently made $ 2,343 by selling a house for $ 19,525. How much must Brad’s next property be worth to make $ 2587.20?
How much tax can you save if i take a housing loan of 25 lakhs and have already made a investment of 1 lakh. My current CTC is around 6.5 lakhs
We had a single floor house. My father planned to make first floor & made a gift deed to me. My brother is a lawyer & he drafted another gift deed & my father signed on it where it is written Ground Floor + 40% of First Floor + First Floor Roof Right.
My question is when my father already gifted the first floor then the same property can he gift again. If it all he does it without knowing , how to sort out the issue?