Resident Individuals & HUFs

List of Income Tax ward assessing officer dept in mumbai

Kindly please let me know list of income tax ward assessing officer dept in mumbai.

Tax impact on sale of existing flat and purchasing new flat under construction

I HAVE A FLAT IN MY NAME WITH BANK LOAN UNPAID PRINCIPAL AMOUNT OR RS 4.65 LACS. I AM GOING TO PURCHASE A NEW FLAT THAT IS UNDER CONSTRUCTION AND EXPECTED TO BE COMPLETED AFTER 2 YEARS BY SELLING MY EXISTING FLAT THIS YEAR AND WILL BE STAY IN A RENTED HOUSE TILL COMPLETION OF THE CONSTRUCTION. I HAVE PAID AN ADVANCE OF RS 10 LACS BY PERSONAL LOAN THAT WILL BE REPAID FROM SALE OF FLAT.

Firm Registration

I am an amway distributer and reached good level with 50 to 60k per month presently and growing.Now I would like to Start an LLP and link it to that, Kindly clear my clarifications:

1. Do i require any documents to be collected from Amway India Enterprises.

2. Will it be possible to start any other business like training in that same firm.

3. My self and my wife are partners.

Income Tax on selling house

I bought a house with 11.25 lacs homeloan in March 2006. I fully paid up the loan 6 months back.
Now(July 2010) I am selling this house accepting 12.00 lacs cheque.

I don't want to purchase any other property now.
How much tax will have to pay on this accepted amount (12.00 lacs) ?

Please guide me.

LIC premiums for parents

Can I claim Tax exemption for the LIC premiums that I have paid for my parents u/s 80C ?

ITR-4 and taxgain mutual fund exemption?

My salary is above 160k. So I have taken taxgain mutual fund for the excess amount in the financial year.

So where can i fill this info of tax-gain mutual fund in the ITR4 return form?

Do i have to insert the dividend I got from tax-gain mutual fund and add it to income?

profit/Loss from Future /option in e - return

I have filled up a return online but there is no place to show Profit/Loss on Future /option (Share) .Can I show it through 'select' of Elaggan . If it is yes , can I show it in short term capital gain ?

which firm to register and which paypal code for selling ebooks.

I am an author who would like to sell an ebook from my site and from that of my affiliates. I want to register a company so that I can open a current account into which the earnings from paypal would be transferred.

1. What kind of company/firm should I be registering?

2. And what kind of paypal account need to be opened (personal, business)?

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