Mr. A got a property through his father's will made in 1984. Further, a family settlement was executed in 1996 among Mr. A's family members in which the property was formally declared as Mr. A's property. Mr. A sold the property in FY 2014-15. Query : Can Mr. A get the benefit of cost indexation? Since it was an inherited property there was no cost incurred by Mr. A. Also, cost of acquisition is not available for the previous owner (Mr. A's father). Which year should be considered as the year of acquisition of the property for Mr. A
Respected experts,
I got form 16 from my employer recently.
In it my employer has not taken sec10 exemptions namely conveyance of 9600 and for Leave encashment which i got at the time of my resignation
Can i take now conveyance and leave encashment and HRA exemptions?
Will there be any problems if i did't take which is in FOrm 16?
Awaiting for your reply.....
what is the minimum amount of stamp to be affixed on form 102 -deed of articles in Bangalore
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debit expense
debit service tax 12.36
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Sir,
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Dear sir,
Please tell me that how to calculate tax on salary with the following detail.
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Minor person is able for income tax for their Professional Services
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