Q.
I am waiting for the reply of my question on re filing I -tax reurn on setteled claim.and also on Ex-gratia paid to SBI staff in exit option policy of the Bank
Asked by nandkumar,
25 Jan '09 11:59 am
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Answers (2)
1.
Ou pay the mediclaim insurance premium of your brother's policy from your salary. And you are not sure of its tax implications. Will you be eligible for tax deduction?
Can you get HRA tax benefits by paying rent to your mother while staying in the same house? Will you bonus and ex gratia be exempt from tax?
You have the power of attorney on your friend's property. Will you have to pay income tax on the money earned by selling that property?
Tax expert Mahesh Padmanabhan answered these and other tax related queries in a chat with Get Ahead readers on March 7.
For those of you who missed the chat, here is the transcript.
Answered by kirankumar, 25 Jan '09 12:04 pm
Can you get HRA tax benefits by paying rent to your mother while staying in the same house? Will you bonus and ex gratia be exempt from tax?
You have the power of attorney on your friend's property. Will you have to pay income tax on the money earned by selling that property?
Tax expert Mahesh Padmanabhan answered these and other tax related queries in a chat with Get Ahead readers on March 7.
For those of you who missed the chat, here is the transcript.
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