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Zia
CAN I TAKE 50 LAKH RUPEES AS PERSONAL LOAN FROM MY CLOSE/MUTUAL FRIEND IN INDIA ?
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Yes, you can take a personal loan from a close or mutual friend in India. For further information, please contact me at 8171582583. - CAShubham Goyal
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Mayank
Hi, i recently sold a unlisted shares and I want to use the proceeds and invest in residential property fror claiming tax deduction under section 54f. My query is can I buy currently under conconstruction property (flat) which is available on resale and use my proceeds there. The property is expected to get completed in next 2-3 years.
Yes, you can invest in a residential property under construction and still claim a tax deduction under Section 54F, as long as the property is completed within three years from the date of sale of your unlisted shares. For more details, please contact me at 8171582583. - CAShubham Goyal
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Adarsh
Want to open huf and do stock trading as bussiness. how can i generate initial capital
Hello Mr. Adarsh. Try using up your personal savings or obtaining a bank loan for the same. You could even see if there are any government assitsed funding for startups. If you need assistance with this, please feel free to contact me at 9642355275 or ca.aishwariya@outlook.com
CA Puja Sharma 28 Jun 2023The initial capital can be contributed by the Karta of the HUF.
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Ashmit Rajpal
In the last financial year my father transferred his insurance money worth rs 18 lakhs to my account. So, will it create any issue as i am a student and have no income of my own currently. So do i need to file any return or is there anything i need to do to show that the money is transferred by my father?? It would be a great help if you answer my query.
In India, receiving a gift from a relative, which includes your father, is generally not taxable. Therefore, receiving the insurance money from your father should not create any immediate tax issues for you. But yu may still have to filr your IT return and request your father to draft a gift deed in your favour showing this 18 lakhs. Please feel free to contact 9642355275 or ca.aishwariya@outlook.com for further assistance.
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Raksha
Can link aadhaar card to pan card after 30th june 2023 even after 1st July 2023 yes or no? if yes what will be the charges? answer my question
Yes you can link aadhar card to Pan after paying late fee of Rs. 1000 .
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