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Chatrapathi
Side Hero Username: Chatrapathi
Post Number: 2649 Registered: 08-2013 Posted From: 117.209.226.30
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 11:24 pm: |
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Gotcha:kummu bayya kummu krishna dt lo 10 acres ante 10 * 50 lakhs, pandaga chesuko
naaku krishna dt or ekkada... 10 acres levu...nimma thotalu levu...edo doubt vachi adiganu ante.... |
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Vjawarrior
Megastar Username: Vjawarrior
Post Number: 26687 Registered: 02-2014 Posted From: 153.2.247.36
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 11:09 pm: |
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Reddit:
bro....vere vaalla gold loan banklo kattesi aa gold manam teesukunte emanna porblemaa? |
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Wellsfargo
Side Hero Username: Wellsfargo
Post Number: 6444 Registered: 06-2012 Posted From: 124.123.179.49
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 10:55 pm: |
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Reddit:Remember one thing; if at all you're unlucky and lottery lo ne returns scrutiny kosam pick jesthe; for everything you'll have to submit valid documentary evidence. He said I said CA said won't work. IT guy will have full access to your bank statements and any other high ticket purchases or sales that you've done. Hand loans avvi kuda they'll cross check with the person you gave/took. Vatiki rendu sides source lekapoyina ithade...
Telusu brother. Naa money tho nenu alane untanu. kaani mana DB lo antha ideal approach ante karisesthunnaru. so practical gaa konni savaranalu chepthunna |
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Wellsfargo
Side Hero Username: Wellsfargo
Post Number: 6443 Registered: 06-2012 Posted From: 124.123.179.49
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 10:53 pm: |
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Royal1234:some part third party nundi direct buy and registered on wifes name, problem avtunda? what should happen next?
technically you will loose it. Practically emi avvaka povachu. |
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Royal1234
Comedian Username: Royal1234
Post Number: 1768 Registered: 12-2010 Posted From: 184.55.197.14
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 10:36 pm: |
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Wellsfargo:you are fine. Inheritence aithe.
some part third party nundi direct buy and registered on wifes name, problem avtunda? what should happen next? |
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Reddit
Hero Username: Reddit
Post Number: 14166 Registered: 05-2013 Posted From: 122.175.78.2
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 10:30 pm: |
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Remember one thing; if at all you're unlucky and lottery lo ne returns scrutiny kosam pick jesthe; for everything you'll have to submit valid documentary evidence. He said I said CA said won't work. IT guy will have full access to your bank statements and any other high ticket purchases or sales that you've done. Hand loans avvi kuda they'll cross check with the person you gave/took. Vatiki rendu sides source lekapoyina ithade... Don't compare your weaknesses to someone else's strengths. |
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Reddit
Hero Username: Reddit
Post Number: 14165 Registered: 05-2013 Posted From: 122.175.78.2
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 10:24 pm: |
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Wellsfargo:lakh to 1.5 lakh per acre ki ee certificate akkarledu antunnaru.
even if it's 10k you need this certificate. Scrutiny padithe you have to submit this certificate to claim agriculture income. Don't compare your weaknesses to someone else's strengths. |
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Wellsfargo
Side Hero Username: Wellsfargo
Post Number: 6439 Registered: 06-2012 Posted From: 124.123.179.49
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 10:11 pm: |
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Reddit:Agricultural Income Certificate ani vuntadi which you've to take from sub-register office/vro/meeseva .. anthe kaani evariki istam vachina amount vallu declare cheyyakudadu
1 lakh to 1.5 lakh per acre ki ee certificate akkarledu antunnaru. |
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Wellsfargo
Side Hero Username: Wellsfargo
Post Number: 6438 Registered: 06-2012 Posted From: 124.123.179.49
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 10:09 pm: |
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Royal1234:hole lo vestara?
you are fine. Inheritence aithe. |
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Wellsfargo
Side Hero Username: Wellsfargo
Post Number: 6437 Registered: 06-2012 Posted From: 124.123.179.49
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 10:08 pm: |
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New_user:Job lo vachche 10 lakhs ki tax kadathavu. Agri meeda vachchina 30 lakhs ki tax undadu.
Not exactly. For these numbers you will pay 1.25 lakhs of extra tax. |
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Reddit
Hero Username: Reddit
Post Number: 14164 Registered: 05-2013 Posted From: 122.175.78.2
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 09:48 pm: |
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Agricultural Income Certificate ani vuntadi which you've to take from sub-register office/vro/meeseva .. anthe kaani evariki istam vachina amount vallu declare cheyyakudadu Don't compare your weaknesses to someone else's strengths. |
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Royal1234
Comedian Username: Royal1234
Post Number: 1767 Registered: 12-2010 Posted From: 205.141.247.1
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 04:38 pm: |
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Wellsfargo:India lo enti? Meeru america lo untara? FEMA kinda modatike mosam vasthadi. You should not own agricultural property if you are a NRI or PIO
Please help: -- ee yr family division done, polam naa peru transferred, 2007 nundi H1B . Kooli doing here in US, maa wife ki peilli ki mundi kontha, last yr kontha polam registered, 2011 nundi US lo H4. -- hole lo vestara? |
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New_user
Hero Username: New_user
Post Number: 11741 Registered: 10-2014 Posted From: 65.125.109.5
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 04:29 pm: |
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Chatrapathi:for ex manaki 10 lakhs per year income vache job undi....inka per year ki 30 lakhs agri income vaste tax enta paduthundi..agri income 30 lakhs ki
Job lo vachche 10 lakhs ki tax kadathavu. Agri meeda vachchina 30 lakhs ki tax undadu. "Clean birth" tho discuss cheyalsi vachchina roju na DB nundi retire avutha... |
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Gotcha
Megastar Username: Gotcha
Post Number: 26047 Registered: 02-2008 Posted From: 172.87.48.134
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 04:18 pm: |
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Chatrapathi:
kummu bayya kummu krishna dt lo 10 acres ante 10 * 50 lakhs, pandaga chesuko ... |
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Chatrapathi
Side Hero Username: Chatrapathi
Post Number: 2648 Registered: 08-2013 Posted From: 117.242.81.105
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 03:07 pm: |
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Wellsfargo:
for ex manaki 10 lakhs per year income vache job undi....inka per year ki 30 lakhs agri income vaste tax enta paduthundi..agri income 30 lakhs ki |
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Wellsfargo
Side Hero Username: Wellsfargo
Post Number: 6436 Registered: 06-2012 Posted From: 124.123.181.14
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 02:59 pm: |
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Chatrapathi:for ex naaku 10 acres unnayi anuko...anudulo nimma thota veste...acre ki per year 3 lakhs income vaste...total 30 laksh ki tax enta paduthundi....?
emi padadu if you are able to prove that 1 acre of nimma thota gives an yeild of 3 lakhs per year after all costs.. |
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Chatrapathi
Side Hero Username: Chatrapathi
Post Number: 2647 Registered: 08-2013 Posted From: 117.242.81.105
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 02:50 pm: |
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Wellsfargo:
for ex naaku 10 acres unnayi anuko...anudulo nimma thota veste...acre ki per year 3 lakhs income vaste...total 30 laksh ki tax enta paduthundi....? |
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Xxx
Hero Username: Xxx
Post Number: 12367 Registered: 04-2009 Posted From: 172.72.87.25
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 02:32 pm: |
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Wellsfargo:You should not
ancestral property  - |
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Wellsfargo
Side Hero Username: Wellsfargo
Post Number: 6432 Registered: 06-2012 Posted From: 124.123.181.14
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 02:31 pm: |
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Saarang:Ippudu land lekunda, kavulu chese vallu kooda emi returns cheyyakarledha?
akkarledu |
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Wellsfargo
Side Hero Username: Wellsfargo
Post Number: 6431 Registered: 06-2012 Posted From: 124.123.181.14
Rating:  Votes: 2 (Vote!) | | Posted on Thursday, November 10, 2016 - 02:30 pm: |
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Gotcha:india lo vere income undadu except this ani chupiste ok na?
India lo enti? Meeru america lo untara? FEMA kinda modatike mosam vasthadi. You should not own agricultural property if you are a NRI or PIO |
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Saarang
Hero Username: Saarang
Post Number: 14291 Registered: 06-2012 Posted From: 206.29.176.76
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 02:05 pm: |
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Ippudu land lekunda, kavulu chese vallu kooda emi returns cheyyakarledha? |
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Gotcha
Megastar Username: Gotcha
Post Number: 26046 Registered: 02-2008 Posted From: 172.87.48.134
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 02:05 pm: |
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Wellsfargo:
india lo vere income undadu except this ani chupiste ok na? ... |
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Wellsfargo
Side Hero Username: Wellsfargo
Post Number: 6428 Registered: 06-2012 Posted From: 124.123.181.14
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 02:04 pm: |
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Gotcha:what if I started showing the income from this year onwards, there will be no tax but every year nenu 30 lakhs cash to deal cheyavachu flowing into my account aa? idi super undi kada process.
vere income emi leda? |
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Biriyani
Hero Username: Biriyani
Post Number: 19784 Registered: 03-2012 Posted From: 171.161.160.10
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 02:03 pm: |
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Gotcha:deal cheyavachu flowing into my account aa? idi super undi kada process.
Wellsfargo:n this case if it exceeds 1.5 Lakhs, you need to show the details of crop planted, crop yeild and the sale receipts.
proofs produce cheyyalante kastam kadaa...inni rojulu though rule was there..was never enforced strcitly..ippatinunchi strict ga chestharu kabatti..will be tough to produce proofs Please reach out to me for Pulihora recipe!! |
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Gotcha
Megastar Username: Gotcha
Post Number: 26045 Registered: 02-2008 Posted From: 172.87.48.134
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 01:58 pm: |
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Wellsfargo:
what if I started showing the income from this year onwards, there will be no tax but every year nenu 30 lakhs cash to deal cheyavachu flowing into my account aa? idi super undi kada process. ... |
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Wellsfargo
Side Hero Username: Wellsfargo
Post Number: 6427 Registered: 06-2012 Posted From: 124.123.181.14
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 01:56 pm: |
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Gotcha:suppose naaku oka 20 ekaralu unte enta income varaku chupinchavachu bayya?
30 lakhs. But 1. Provided you are showing similar income in the previous 3 tax years or 2. you don't have any income other than agri income. |
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Gotcha
Megastar Username: Gotcha
Post Number: 26044 Registered: 02-2008 Posted From: 172.87.48.134
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 01:47 pm: |
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Wellsfargo:
suppose naaku oka 20 ekaralu unte enta income varaku chupinchavachu bayya? ... |
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Saarang
Hero Username: Saarang
Post Number: 14285 Registered: 06-2012 Posted From: 206.29.176.76
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 01:44 pm: |
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Wellsfargo: Saarang: Is that 30 lakhs per year? That was more of wealth assessment. It was sum of gold, cash at hand and few other things. every year you had to file if your net assets were more than 30 lakhs. 2015 budget lo Jaitley sir removed it.
Ok, thanks. |
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Wellsfargo
Side Hero Username: Wellsfargo
Post Number: 6426 Registered: 06-2012 Posted From: 124.123.181.14
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 01:43 pm: |
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Saarang:Is that 30 lakhs per year?
That was more of wealth assessment. It was sum of gold, cash at hand and few other things. every year you had to file if your net assets were more than 30 lakhs. 2015 budget lo Jaitley sir removed it. |
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Saarang
Hero Username: Saarang
Post Number: 14283 Registered: 06-2012 Posted From: 206.29.176.76
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 01:39 pm: |
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Wellsfargo: It is clean for them. enthaina deposit chesukovacchu. 50 years nundi bangaram pandisthunna ani cheppi. 2014 end daka unna wealth tax limit was 30 lakhs. so more than 30 lakhs before 2014 vacchinttu choopaleru
Is that 30 lakhs per year? |
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Wellsfargo
Side Hero Username: Wellsfargo
Post Number: 6424 Registered: 06-2012 Posted From: 124.123.181.14
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 01:37 pm: |
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Saarang:Whats the rule for people with only agricultural income...which is most people living in villages?
It is clean for them. enthaina deposit chesukovacchu. 50 years nundi bangaram pandisthunna ani cheppi. 2014 end daka unna wealth tax limit was 30 lakhs. so more than 30 lakhs before 2014 vacchinttu choopaleru |
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Saarang
Hero Username: Saarang
Post Number: 14282 Registered: 06-2012 Posted From: 206.29.176.76
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 01:32 pm: |
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Whats the rule for people with only agricultural income...which is most people living in villages? |
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Wellsfargo
Side Hero Username: Wellsfargo
Post Number: 6423 Registered: 06-2012 Posted From: 124.123.181.14
Rating: N/A Votes: 0 (Vote!) | | Posted on Thursday, November 10, 2016 - 01:27 pm: |
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Just to clarify on whether you can use your cash at hand as agricultural income. For small amounts it is okay. Though agricultural income is not taxed in India, it should be declared in your IT returns if you file your IT returns for other income. so you can't say this is your agricultural income from prior years. computation is given below http://www.livemint.com/Money/Ta33tecZhmp4UrUV0JKzWJ/Agricul tural-income-taxable-under-certain-conditions.html So the only option left is agricultural income from the current year after Mar 31. In this case if it exceeds 1.5 Lakhs, you need to show the details of crop planted, crop yeild and the sale receipts. this rule was there from a long time. |