What is tax implication on sale of residential house property received as alimony for a divorcee? Can…
Tag: Balwant Jain
ITR Filing: Tax rules on house property income you need to know
The interest component of a home loan for a rented house is around Rs. 3.50 lakhs.…
NSC Interest Declaration: What Income Tax Rules Say During ITR Filing – Explained
We have not declared interest on National Savings Certificate (NSC) in the first year nor claimed…
If the husband buys a plot in the name of his wife, then how does the income tax rule apply?
I bought two adjacent plots in March 2003 6 lakh each. One was bought in my…
Why should you not mix insurance with investment while investing for the girl child?
I am 34 years old and working in private sector. I have 3 year old daughter.…
New Income Tax Rules for Home Loan borrowers from 1st April 2022 – Explained
New rules of income tax: After entering the new financial year, many changes Income Tax Rules…
Income Tax Calculator: How Cryptocurrency Investors Will Be Taxed From April 1
Income Tax Calculator: From 1st April 2022, many income tax rules announced in Budget 2022 will…
Can my father’s self acquired immovable property be transferred to my HUF?
My father, who passed away in 2012, had acquired a residential flat in his name. I…
I plan to buy a house by selling shares. Can certain income tax exemptions be claimed?
I have two residential properties in my name which were bought more than 8 years back.…
I got ₹9 lakh from 2 ULIP policies. What are the implications of income tax?
i almost got 9 lakh from 2 tax ULIP policies maturing after 10 years of investment…