"150 Rs Coin to released on Budget Day By Finance Minister” plus 2 more

"150 Rs Coin to released on Budget Day By Finance Minister” plus 2 more


150 Rs Coin to released on Budget Day By Finance Minister

Posted: 22 Feb 2011 10:09 AM PST


For the first time in the country's minting history, government will issue coins of Rs 150, marking the number of years of taxation in India. The special coins, to be released by Finance Minister Pranab Mukherjee before his Budget speech, will also be brought out in Rs 5 denomination on the occasion of completion of 150 years, from 1860 to 2010, of the Income Tax department. This is the...

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EMPLOYER CAN ADJ LOSS ON LET OUT HOUSE ALSO WHILE CALCULATING TDS ON SALARY

Posted: 22 Feb 2011 09:47 AM PST


I have a query related to tax deducted at source from Salary (Sec 192 of Income Tax). While deducting income tax from the salary of an employee, Employer is required to adjustment losses on House property only. My query is related to adjustment of house property losses in Salary income and maximum amount of house property losses to be considered, if any. Query 1:- For House property losses,...

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HOUSE SALE WITH IN 5 YEARS-REVERSE SECTION 80C BENEFIT

Posted: 22 Feb 2011 09:47 AM PST


I had purchased a house in an under construction building in the March 2006. Had taken a loan from HDFC for the same. Got the possession of the house in November 2006.Having paid all the respective dues to the builder we starting paying the emi to HDFC from April 2006 onwards to hdfc bank. I have sold this property in the month of January 2010. Qtn 1. please advised if this comes under...

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