Dear Sir
We have registered the PTRC number at the Bandra office. We have received a notice from the Nariman Point Profession Tax Department for professional tax payment. We have paid the payment & file the return.
Please advise in the above case.
My parents are both senior citizens and I haven't bought any medical insurance for them but I spends a good amount every year for their medical expenses and health check-ups. These expenses are however not hospital bills or hospitalisation expenses. These include regular medicines bought from Pharmacy and normal lab-test like blood-test, X-ray etc done every year. My question is - Can I still show these expenses under "Medical Expenses" and "Preventive Health Checkup" sections of Schedule 80D, even though they are not hospital bills or hospitalisation expenses? Thanks for your advise in advance.
My parents are both senior citizens and I haven not bought any medical insurance for them but I spends a good amount every year for their medical expenses and health check-ups. These expenses are however not hospital bills or hospitalisation expenses. These include regular medicines bought from Pharmacy and normal lab-test like blood-test, X-ray etc done every year. My question is - Can I still show these expenses under "Medical Expenses" and "Preventive Health Checkup" sections of Schedule 80D of ITR2, even though they are not hospital bills or hospitalisation expenses? Thanks for your advise in advance.
sir
what is the amount limit of tcs on sale of scrap and which condition not attract tcs
I filed a case in court and after about 7-8 years, the court issued orders that the cost of the property along with interest at 8% p.a. be returned to me by the builder. So,I received a big lump sum amount which included original cost of the flat plus interest for all the years together. My query is that how should this amount be treated for taxability in my Income tax return? - Should the total amount be taxed in the year of receipt as revenue receipt or should this be treated as capital receipt? - Should I ignore the cost of flat part and just show the interest part as income? - What should be the tax treatment of this interest part- revenue income or is this a capital receipt since it is related to a capital asset. - Should not this interest part be bifurcated over all the years to which it relates and then taxed in the return of each such year thereby reducing the tax burden,
under case title
STATE CONSUMER DISPUTES REDRESSAL COMMISSION HARYANA, PANCHKULA
Complaint No : 229 of 2016
Date of Institution: 11.08.2016
Date of Decision : 01.03.2018
1. Shalini Manuja w/o Sh. Ved Prakash Manuja, Resident of 4-R, Model Town, Panipat-132103, Haryana.
2. Satyan Manuja s/o Sh. Ved Prakash Manuja, Resident of 4-R, Model Town, Panipat-132103, Haryana.
Complainants
Versus
1. Ansal Landmark (Karnal) Townships Private Limited through its Chairman having its registered office at B-47, Connaught Place, New Delhi.
Second address: 11th Floor, Narain Manzil, 23, Barakhamba Road, New Delhi-11001.
Ansal Landmark (Karnal) Townships Private Limited through its Chairman having its registered office at Sushant City, Sector-36, NH-1 Milestone-119, Karnal, Haryana.
Opposite Party
2. Indiabulls Housing Finance Limited through its Branch Manager having its office at F-60, 11nd Floor, Malhotra Building, New Delhi-110001.
Performa Opposite Party
we have completed two civil projects in Visa steel kalinganagar in the year of 2012-2013 and they deducted WCT 5% from our Bill's. please guide me to claim that amount .
Tssekar
sriraminfratech p limited
Father had gifted property 50 years ago. After his death his son inherited the same and sold the same after 3 years of inheritance. So how to calculate the capital gain.
Hi Experts,
I am a 35 year old boy. My elder sister(age 38 ) is suffering from Chronic Kidney Disease and is on dialysis twice a week. She is so weak that she is unable to work and earn . She has no income at all. But we have been filing her ITR returns since almost 14 years now..Most of her F.D.s have been broken and now she has an income of only 2Lakhs this yr for A.Y.2020-2021. This income is only from her F.D., the last one now.The tax on her income is "0"..In fact a refund of 17,000 is due to her (from the TDS deducted by a Bank on her F.D). I pay for her dialysis and other medical expenses as she has no health insurance at all.My questions are: Can I claim the deduction upto 40,000 under Sec 80DDB for my sister i.e. Is my sister a dependant as per I.T. Act because from what I understood of this section- “dependants” of an individual assessee may include spouse, children, father, mother or siblings who are wholly or mainly dependent on the assesse. What does it mean - wholly or mainly? Many thanks for your expert advice and valuable time.
My unmarried uncle wants to gift me his house and some land valued at approximately. Rs.50 lakhs. I want to know whether I have to intimate income tax authorities or have to pay any tax on the valuation of the property.
Whether sec56(2) applicable on registration of property in 2
Respected sir/ madam,
i had bought a residential property in june 2010 with a letter of allotment for the same dated 06/06/2010, after which the said property fell into litigation and was finally registered on june 17, in the period between payments had been made to the builder as per the allotment letter. Now income tax department has opened my file for scrutiny and is telling me that the difference in the amount as on 2010 and 2017 of the SVA will be charged under sec56(2) of the act , they are also asking for registered sale deed of 2010 which i do not have as no such deed exists i only have the letter of allotment from the builder , so what would my remedies be in this case?
Thank you for your replies and help