Author Topic: Indian Income Tax Questions and Answers  (Read 116870 times)

SkS

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Re: Indian Income Tax Questions and Answers
« Reply #20 on: February 19, 2012, 02:44:19 PM »
Dear Expert
I have taken home loan joint with my wife. Registree of the house under pledge to bank is in my name only. Only loan is joint. Pls tell me who can avail benefit of interest income and principal income. Can we both take the benefit of interest income for i tax.
thx

RAMAN RAI

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Re: Indian Income Tax Questions and Answers
« Reply #21 on: March 17, 2012, 02:11:43 PM »
Main Points of Indian Union Budget 2012 :-

Pension Bill as well as Banking Bill Will be tabled Soon.

30,000 Crores of Disinvestment Will be Done.

60,000 Crores Infrastructure Bonds Will be Launched.

Rajiv gandhi Equity Scheme will be launched Soon

Subsidy Will be taken to 2% of GDP.

8800 Km. Highway will be Increased.

50,000 Investment in Equity will give we 25,000 Exemption in TAX.

RAJ

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Re: Indian Income Tax Questions and Answers
« Reply #22 on: June 24, 2012, 10:55:56 AM »

RAJ

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Re: Indian Income Tax Questions and Answers
« Reply #23 on: June 24, 2012, 11:01:16 AM »

ADITIVARUN

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Re: Indian Income Tax Questions and Answers
« Reply #24 on: June 24, 2012, 11:36:14 AM »
agar hum medical claim karte hai to bi hum tax mein rebate pa sakte hai.
2) tax rebate chid nd wife dono pe 5000 ?

Pan14

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Re: Indian Income Tax Questions and Answers
« Reply #25 on: June 27, 2012, 12:28:45 PM »
i am regular punjab govt ett teacher, pls. answer these two questions :
1.      is war jihde income tax de proforma 16 number , main bhare san, oh BPEO office walo wapis kar dite gaye han.
kyon?
2.      my gross income is around 3,50,000 rs. p.a.
Ki hun main koi, saral form ya koi hor form bharna hai ya nahi?

R S Sidhu

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Re: Indian Income Tax Questions and Answers
« Reply #26 on: June 27, 2012, 12:41:31 PM »
1.acc to rule one copy of form no 16 should be given to employee
2.you have no need to file retrun form because your income is less than 5 lakh

SSPadda

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Re: Indian Income Tax Questions and Answers
« Reply #27 on: June 27, 2012, 07:14:23 PM »
Pan14 ji,je tuhada income tax at source jiaada kattia hai ta refund lain laee return bharni hi penni hai.

ssgill79

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Re: Indian Income Tax Questions and Answers
« Reply #28 on: June 27, 2012, 10:15:20 PM »
Je tusi income from other sources bhari hai fir return vi bharni pavegi.
Je tuhada tax TDS vich kateya gya hai fir return bharn to bach sakde ho par je tax aje nahi kateya ya jyada kateya hai te tusi refund lena hai fir return bharni pavegi.

mohinder chhouda

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Re: Indian Income Tax Questions and Answers
« Reply #29 on: June 29, 2012, 06:45:21 AM »
1.acc to rule one copy of form no 16 should be given to employee
2.you have no need to file retrun form because your income is less than 5 lakh

SIR,  IH    5.LAKH DI  INCOME  ...   GROSS SALARY HOVEGI.....YA..... GROSS TAXABLE INCOME  HOVEGI....  PLZ. CLARIFY ????????

anybody having knowledge about income tax, may please clarify this thing at the earliest.......
« Last Edit: July 07, 2012, 08:27:41 AM by mohinder »

 

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