I earned some interest income from a post office savings bank account. Can I claim exemption under Section 10(15) as…

I own two flats in Pune. One flat is used for residential purpose while the other has been let out.

Under section 80C, the borrower can claim deduction against home loan principal repayment subject to the condition that income from…

Can I set off the loss on sale of units of mutual fund against the profit on sale of shares?

I intend to sell a certain piece of land and building for a composite consideration

I acquired a plot of land for R24,000 in May 1979, which I plan to sell now. What will be…

The ITR form for FY14 is yet to be notified. Regarding your query on the tax rate, as the units…

Only debts incurred with regard to taxable assets are eligible for deduction…

However, units of mutual funds cannot be considered as shares of a company.

I paid stamp duty and registration fee of Rs 1.5 lakh for the purchase of a residential property in Mumbai.

As per Section 55 of the Income Tax Act, 1961, where a capital asset became the property…

I am planning to sell one of my flats to a company. I had built this flat four years ago.…

I earn R4,97,000 as salary and my interest income from savings bank account is R3,000 (which has been reported to…

I suffered loss from sale of units of debt-oriented mutual fund that I had bought 10 months ago.

HRA exemption: Recently, I earned capital gain on sale of a plot of land I had held for over 10…

As per Section 2(42A) of the Income Tax Act, 1961, if an asset is received by way of inheritance, the…

I own a house from which I earn rental income.