Is it necessary that I must pay tax if sell my land property?
Hi I’m a guy from India. I own certain piece of land. I’m going to sell this land to get money. My aim is to repair certain buildings I have in another place.
Meanwhile, i was advised by one of my friends that I must pay to the government. Is it true?
This land is about 70 cents. The expected price per cent is Rs. 1,00,00.
What are the rules regarding this. Please help, thanks.
Please help on income tax. Is it necessary to show alimony received?
I divorced this financial year and received one-time alimony from my ex. I am a working woman and demanded the money becase my ex understand only the language of money. It is my understanging that onetime alimony is not taxable. If this is correct, do i need to show it in my tax return. I dont want to show if that is valid? Anybody with good knowlege on Indian IT, please answer this question. Thank you.
Is it necessary to sumbit or to send the Original Form 16 (Salary Certificate) to Income Tax Dept.?
Is it necessary to submit or to send the Original Form 16 (Salary Certificate) to Income Tax Dept. while filing the Salary Return in online?
Is it necessary to get an inherited house registered in your name before selling it?
My parents made a will that leaves their house to me. I want to sell it. Now, how should I proceed? Can the house be sold on the strength of ‘will’ alone or do I have get it registered in my name. That would cost unnecessary expenses in terms of time and money.
People with knowledge about Indian property and inheritance laws, please guide me.
Thanks in advance.
Sold property papers – Necessary to keep or better to clean it up?
My question to experts is that, I have papers of a sold property (transaction done 10 years back). Is it necessary to retain these for any legal/govt. records purposes or better to dispose these papers.
Is it necessary to file service tax returns if income is not service taxable?
I have income under limit of service tax exemption since 2006 .. Then Is it necessary to file service tax returns ?
Is it necessary to file service tax returns if income is not service taxable?
I have income under limit of service tax exemption since 2006 .. Then Is it necessary to file service tax returns ?
Is it necessary to deduct Tax at source even if one is employed for a short duration?
Is it necessary to deduct Tax at source even if one is employed for a short duration as low as one month.His salary works out to 25,000/- but was employed only for 45 days on a consultation basis.The company employed him has deducted a tax at 10 % of the total salary/compensation paid to him. The company can issue a certificate to the effect of deducting Tax. But is it correct in the situation his total salary drawn over the financial year in any case does not exceed the taxable income.
Is it necessary the new property should be in assesse’s name to avail exeption paying LTCG?
I sold one property in my name in Jan08 and started constrction of new building in the name of son. May I exempted from paying LTCGT?