Here is Portfolio page of Utkarsh, with all his work

Hi, I am a resident Indian trader from Mumbai. I have a couple of questions regarding my sale of 1 BHK flat from a registered society.

1.. Out of the sale proceeds of the flat, can we invest in land and claim deduction?

2.. I have held the flat for 2 years, am I eligible for exemption from long term capital gains if I do not invest this money anywhere else?

3. Can the sale proceeds come through cash?

4. The agreement value of flat is Rs. 31 Lakhs while the actual deal was made for Rs 38 lakhs, how do I receive the remaining amount? At what value should I pay taxes?

5.. Will this sale constitute my annual income?

6) By when should I buy/invest into a new property after selling my property to claim deduction?
Jan. 09, 2018
.....Under sub-section (5) of section 90 and sub-section (5) of section 90A of the Income-tax Act, 1961 Tax Residency Certificate and form 10F has to be submitted by Non Resident for payment received from India, my question is when does this TRC and Form 10F need to be submitted to the Indian Tax Authority?
Jan. 09, 2018
I am non-resident and I have deposits in my NRE account. I am planning to move to India for employment. My question is....what would be the treatment of interest on NRE deposits in India? Do I need to pay tax only on my salary income or everything, including NRE deposits income?
Jan. 09, 2018
Explain what is the term corporate strategy with its characteristics.
Mar. 08, 2018
I have a HUF, it consists of me, my wife, my unmarried daughter and son. I want to gift my son's HUF which consists of him, his wife and children, about 15 lakh rupees.

Whether or not this gift will be taxable in the hands of his HUF.
Whether the income from such gift will be clubbed in my hands
Jan. 09, 2018
What are the factors considered for Situational Analysis?
Aug. 10, 2018
If a shareholder gives a notice for inspecting proxies five days before the meeting is scheduled and approaches the company two days before the scheduled meeting for inspecting the same, can he do so?
Dec. 19, 2017
Why income tax payable, excise duty payable is financial liability, and CENVAT receivable, income tax refund is a Financial Asset?
Jul. 24, 2015
What is difference between standard cost and budgeted cost?
Sep. 11, 2015
Hi, me and my wife purchased a house property on the 17th of August, after taking a home loan of Rs 75 lakhs from the State Bank of India. The loan was under the combined name of me and my wife. And my wife owns a property which was gifted to her by her mother .

We want to sell this property for Rs. 45 lakhs and use the money for part payment of our housing loan. Will she have to pay tax on this amount? What tax is applicable in this case? What are the eligible deductions we can avail?
Jan. 09, 2018