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Mihir

Mihir Tanna  |998 Answers  |Ask -

Tax Expert - Answered on Mar 27, 2023

Mihir Ashok Tanna, who works with a well-known chartered accountancy firm in Mumbai, has more than 15 years of experience in direct taxation.
He handles various kinds of matters related to direct tax such as PAN/ TAN application; compliance including ITR, TDS return filing; issuance/ filing of statutory forms like Form 15CB, Form 61A, etc; application u/s 10(46); application for condonation of delay; application for lower/ nil TDS certificate; transfer pricing and study report; advisory/ opinion on direct tax matters; handling various income-tax notices; compounding application on show cause for TDS default; verification of books for TDS/ TCS/ equalisation levy compliance; application for pending income-tax demand and refund; charitable trust taxation and compliance; income-tax scrutiny and CIT(A) for all types of taxpayers including individuals, firms, LLPs, corporates, trusts, non-resident individuals and companies.
He regularly represents clients before the income tax authorities including the commissioner of income tax (appeal).... more
Abhishek Question by Abhishek on Mar 23, 2023Hindi
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My father (72)sold land worth 30 lakhs. If i purchase land in my name , what are the tax consequences.

Ans: Land being capital asset transferred by father to its son for consideration, will be taxable in the in the hands of father. Indexation benefit is available to cost of acquisition and taxability will depend on period of holding.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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NEET, Medical, Pharmacy Careers - Answered on Feb 05, 2025

Asked by Anonymous - Jan 31, 2025Hindi
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My child will be appearing for NEET UG 2025 for the fourth time. Each time his performance has been abysmal, which, I know, is going to be repeated this year too. We have already asked him to move ahead but he is adamant on appearing in NEET which is beyond his calibre. He doesn't have any idea what to do next, has never thought of a Plan B,C or D. Kindly guide as to how plan a career ahead for him. Is there any sort of psychoanalysis to know what is the right study option for him and where to get it done. I can't afford crores of rupees in pvt. medical colleges/abroad .I can take professional assisstance . Kindly give me contact number/ email ID. Thanks.
Ans: Hi Sir,

Don't worry. First, it's important to counsel him.

The health sector is a promising field, which is why I believe your son is so determined to appear for the NEET exam, even though this will be his fourth attempt. It’s natural for him to feel a bit worried. I think he needs to reflect on why he hasn't been able to succeed so far. It's crucial for him to analyze where the problems lie. For example, if he's struggling with chemistry, he should focus more on that subject, as well as the others he finds challenging.

He has a lot of homework to do, including taking mock tests and learning effective strategies rather than just simple ideas.

I have one question: Has he enrolled in any study or coaching center for NEET preparation? If so, it would be beneficial to discuss ways to improve his performance.
If he has prepared himself, kindly approach the best coaching center near your area. For more information about us, you can contact the admin.

Poocho. Life Change Karo!

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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