Whether you give stocks held for more/less than a year, benefits are nominal; donating cash is better. IMAGE: From a tax perspective, it would be a good idea to donate money rather than stocks. Photograph: Reuters The Siddhivinayak temple has announced it will accept shares as donation, following the example of the Tirupati temple. However, remember that from a tax perspective, it would be a good idea to donate money rather than stocks. When you donate money to recognised ... Rediff.com, 4 days ago
Don't lose tax benefits - Business Standard India, 1 month ago
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I am planning to buy a car for my personal use. Is newly introduced TCS provision of 1% applicable? Is TCS applicable only in case of a luxury car and is it applicable only if the payment is made in cash? — Ashish Chopra As per sub-section ...Financial Express, 2 weeks ago
I sold a plot of land in April, which I had purchased four years ago. What is the cost inflation index for FY17 and the tax saving? — Sujoy Sen As the plot of land has been held by you for more than 36 months, it is a long-term capital asset ...Financial Express, 1 month ago
I wish to make a cash gift to my daughter who is a minor. Is there any tax implication? — H S Iyer A gift received from close relatives (in this case, gift received from one's father) is not taxable in the hands of the recipient even if the ...Financial Express, 2 months ago Income Tax| Your Queries: Loss arising in F&O is treated as business loss, not speculationloss Yahoo! India, 2 months ago
Software developer Mandar Gokhle went to the US in October last year for a project. His company transferred him to its subsidiary there and he was therefore paid a salary there. With incomes in two countries, he is not sure how his overall taxation ...Smart Investor, 2 months ago
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