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Queries Participated

Anonymous   08 May 2023 at 21:13

Sibling not sharing any documents or death certificate

Hello,
I am a married woman with a family living in Kolkata. My mother died a few weeks ago and did not leave any will. My mother lived with my brother, and my brother is not interested in sharing the property owned by my mother. He has all the documents, like a pan, voter id and death certificate. When asked to share those documents, he denied it. What should me my next step?

Anonymous   08 May 2023 at 12:03

Nuisance of a tenant

Ours us a newly formed society of 9 Nos. dwelling units.
One of the members has given his flat on rent.
He picks up fight over petty issues and use abusive language which offences other members living close by.
Recently he has even attacked physically poor service providers, who had come to fix dish antenna, and hurting them.
How can this be fixed?
G.J.PATWARI

Raghu ponnala   02 September 2013 at 00:01

Audit

Sir

I got a letter from income tax depart regarding the recipts and payment for the year 2009-10. I have submited all the paper work and my source of funds etc...

Now my question is i have deposit of 27lakhs cash deposit. which i have deposited in the bank. (Explaination. I have give a check of 22,lakhs on 08 and check of 5 lakhs on 09.as a loan x he had given me back cash 27 laksh which i have deposited.) now what document i need to submit to income tax officer...???

R.Manivasagan   25 October 2012 at 15:35

Indent to join as trustee in an eductional trust reg

There is Trust called "MM" and it is running an Arts and Science College and there are 13 Trustees in that Trust. Now my friend is indenting to join as one of the Trustee and also he wishes to have a control over the Trust such as Managing Trustee, Founder or any other post and he is also ready advance some amount as loan to the trust for the developmental such as infrastructural and travelling. what are all the procedural to be followed such as entry in the minute book, Intimation to Tax Department, Registration of Codicil and other things. i need a detailed guidance. pls

Hitesh goyal   25 October 2012 at 15:27

Query regarding for applying new pan card

Dear Sir,

I have a Pan No. But i have it since last 7-8 years i applied when i was studying, that time i was in 11th standard. I applied it in Haryana because of some networking companies. But now i am working in delhi and want to pay ITR with a new Pan no not with old one. Kindly tell me the procedure of it.

Thanks

Hitesh

Kapil Tiwari   24 October 2012 at 03:54

Claiming exemptn. of long term cap.gains tax u/s 54ec+54f

A vacant plot of land was sold for a net sale consideration of Rs.1,10,36,000/-. The fair market value, after indexation, of the land, as on 01/04/1981, was Rs.19,39,091/-. Hence, Long Term Capital Gain was Rs.90,96,909/-.

The following are the investments made and proposed to be made for claiming tax exemption:
1)Rs.50,00,000 in NHAI plus REC bonds for exemption u/s 54EC(now, investment already made),
2)Rs.60,36,000 in a residential property for exemption u/s 54F(proposed to be made)

Please advise:
a)computation of the total tax exemptions that can be availed,
b)total Long Term Capital Gains Tax payable after considering the exemptions.

Rohit   21 October 2012 at 17:21

Capital gain and gifting

My grandmother has two properties. She wants to sell both of them.
By selling first property she wants to put the capital in the bank and from the capital gain she will invest in infrastructure bonds.

By selling the second property she wants to gift all the money to me.
Does she has to pay capital gain tax before gifting it to me? Can it be possible that she will gift all the money and I will pay the capital gain tax?

vishnukumar gandhee   18 October 2012 at 09:39

For exemption from income tax under 80g for chrity trust procedure for filing application for that

i have a charity trust some donation wants exemption under sec 80g of it so what is the procedure for getting certificate of 80g for isssuing certificate for tax exemption i want this certificate for my trust when and when it will be possible or so on

rajnish   14 October 2012 at 20:37

Tax treatment on family pension

Dear Sirs.

My mother who is 52 year old is recieving monthly pension of Rs 40000 after my father's death who was a reader in degree college.

I want to know about the tax saving possibilities allowed as per Income tax rules for FY12-13 and total tax applicable after all deductions.

Geetha   14 October 2012 at 19:12

Validity of saledeed executed on notarised power of attorney

I shall be thankful, for the guidance on the following:
Sequence of case:

1. The land owner has given GPA to Mr. A , and it is s notarised one prior to 1993.

2. Based on the said notarised GPA, Mr. A as a GPA Holder ( Not registered) sold the site to Mr. B in 1993.
3. The sale deed got registered at sub registrar office, Bangalore based on the
notarised power of attorney.presented by Mr. "A" being GPA holder on behalf of Seller and land owner.
4. The sale deed signed by GPA holder on behalf of the land owner,
and by Mr. B as purchaser.

4. The purchaser ( Mr.B ) has got khatha on his name from BBMP , Bangalore, paid betterment fees, taxes etc., till date

5. Now Mr. B wants to sell the site.

Guidance sought on:

1. Whether the sale deed registered based on notarised GPA on behalf of the seller in 1993 is valid under registration act of Karnataka.

2. Is it mandatory for registration of Power of attorney by the seller as the amount of immovable property was more than Rs.100/-

3. Can the site be purchased as Mr. B says that the registration took place prior to Oct 2011 - i.e., prior to SC order on GPA ?

4. Can it be said that Mr. B is the owner of the site now, as he is having a Khatha from the BBMP Bangalore, and paying all the taxes since 1993?
or
cant be construed that the sale deed executed based on notarised POA in 1993 is invalid and Mr. B has no rights on the property?



Thanking in anticipation.
Geetha