Dear Experts - I have a PPF account from last 15 years and have extended the 5 year block recently. Since, I want to plan for retirement, I wish to open another PPF account in my mothers name and transfer up-to 1 Lac every year so as to get a good maturity amount after 15 years. My question is a) After...

I earn through teaching in my coaching class.How should I file my return-as an individual or as a professional?

I earn profits by trading in options(call & put), futures. I want to know my tax liability.

The life of a person steps towards a great uncertainty after retirement. At this stage, people tend to become reliant on the savings and investments made during the time of regular employment. Since the cash flows are generally low compared to the earning during employment, people want full retirement...

[quote user="Pravinjain6"] Hi, I joined organization A on 29th September 2006 and left it on 1st April 2010. I joined another organization B on 8th April 2010 and left it on 10th October 2011. During my switch from organization A to B, I opted for PF transfer. However, now I want to withdraw...

I am General practitioner in a village, I am now 64. And not filling Income tax since 5 years,because the income falls below 2 lacs. But now one FD of 300000 is matured . & we want to invest in FD with my name or my Wife's or sons's name. So what care should be taken before investment.can...

[quote user="yogendra"]Dear Sir/Madam, I have booked a property in 2009 , taking a bank draft of Rs 630000 from my relative directly in the name of developer. In Jan 2013, i got registration of property on my name and i sold it to a person in jan-13 for Rs 10,00,000 and got the amount to my...

[quote user="swapnil.daga"]Situation - I am working professional in private sector , I work with IBM since 2011 , IBM has given me retention bonus in 2013 to stay in IBM till 31st Dec. 2013 , total amount of 100,000/- Rs , divided in 2 steps . I got the amount of 84,000/- in month of Feb. in...

Dear Sir, I am an in-house advocate of a company. My company instead of deducting TDS calculated my tax as a salaried employee and filed advance tax and provided me Form 16 instead of TDS certificate. Please note that till September 2012 TDS has been deducted from my remuneration. My query is, can...

Hi, I own an apartment in my native place for which the Interest and Principal component for fy13-14 are Rs. 137496 and Rs. 49068 respectively. This apartment is rented (rent is Rs. 6000). However, I have yet not showed it as income since I was out of India. I work in Noida and live in a rented place...