Mahesh Padmanabhan
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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
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A. 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......
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http://qna.rediff.com/questions-and-answers/i-am-waiting-for-the-reply-of-my-question-on-re-filing-i--ta//answers/12896948
Q. champak asked, I am earning money online by outsourcing, getting payment online by paypal in US$ and then paypal sends me a cheque in Indian rupees. How can I show these transactions in my income tax return? I am earning in small transactoins like US$ 25 and paypal sends cheques of minimum amount of US$ 150.\Mahesh Padmanabhan answers, Yes, this is an income that needs to be declared in Indian taxes. It would be included under the head income from business and profession\Same is mine but income croses 900 $ and i transferit from ALERTPAY to PAYPAL myself.... How and what i will show in r
Nandkumar:
A. inform income tax abt your earnings in others section
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http://qna.rediff.com/questions-and-answers/champak-asked-i-am-earning-money-online-by-outsourcing-getti/12896905/answers/10025253
Q. How to varify verify the correctness of your number at www.tin-nsdl.com through the register my PAN link ???Please refer the statement by :Mahesh Padmanabhan answers, In case you know your PANm then you could go online and verify the correctness of your number at www.tin-nsdl.com through the register my PAN link. Also, new a pan card could take anywhere between 10 - 30 days. The charges levied by UTI or NSDL is Rs 67. \ds_kaluskar@rediffmail.com
Jagmeet Saluja:
A. wait for night and check ur name and pan status after 6 to morning 7 am
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http://qna.rediff.com/questions-and-answers/how-to-varify-verify-the-correctness-of-your-number-at-www.t/10025230/answers/9742995
Q. I just read a question answered by Mr Mahesh Padmanabhan "I am selling ESOP of a US Company that I worked for,held for more than 3 yrs,what is that tax % that I need to pay?Answer:long term capital gain tax in your case would be 20% (base rate), applicable on the capital gain.\Then I read another person replying :\"If you hold the shares for more than 12 months and if you happen to get gain out of that, it will be treated as long term capital gain. On this No TAX to be paid (it is totally taxfree) "Now I'm confused, could anyone please help?
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A. consult Bank !
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http://qna.rediff.com/questions-and-answers/i-just-read-a-question-answered-by-mr-mahesh-padmanabhan-i-a/1682613/answers/5964818
Q. Hi Mahesh Padmanabhan ,\Recently i brought a reliance mutual fund for 1 lakhs.after 3 months i sold the whole units which i got for the 1 lakh.\i have been charged the securities transaction tax.can any one please let me know how much is that securities transaction tax ?\Also let me know wethere i have to pay any additional tax for that gain when i file the tax in the month of march other than the securities transaction tax which has been deducted by the reliance mutual fund company.\ThanksHaritha
Ashish Monga:
A. Hi Haritha, Yes all AMC will charge the Security Transaction Tax (STT) which is around 0.125%) of the transaction value. But here you have not......
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http://qna.rediff.com/questions-and-answers/hi-mahesh-padmanabhan-recently-i-brought-a-reliance-mutual-f/5964521/answers/4569213
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