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Anil

Anil Rego  |377 Answers  |Ask -

Financial Planner - Answered on Nov 27, 2020

Anil Rego is the founder of Right Horizons, a financial and wealth management firm. He has 20 years of experience in the field of personal finance.
He’s an expert in income tax and wealth management.
He has completed his CFA/MBA from the ICFAI Business School.... more
Niraj Question by Niraj on Nov 27, 2020Hindi
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  1. Will your answer above in point number 1 and 2 will change in case partnership form has no profit that is loss during the financial year 2012-13?

Ans: Irrespective of having gain or loss, it is mandatory to file tax returns for a partnership firm.

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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Anil

Anil Rego  |377 Answers  |Ask -

Financial Planner - Answered on Jun 09, 2022

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I am Super Senior VETERAN, DOR 01 SEPT 1998. I have been filing my ITR regularly.  2) I shall appreciate your help to calculate Profit/Loss on Share/M.F Txt. 3) I have redeemed Tata Infrastructure Fund Folio No. 142726 , Qty 1496 units, Amt Rs.38473/ Dt 23/11/2020. 4) My Purchase was a) 489.939 units at Rs 10000/- Dt.01/03/2007b) Units 1069.68 at Rs 30000/- @28.05 Dt.23/01/2008 5) PLZ Calculate LTCG/LOSS. Also let me know if Purchase NAV will be based on NAV 31ST JAN 2018. 6) For Share Txt of VEDANTA QTY 210 Sell & L&T QTY 5 Sell, I will give details on receipt of your comment on Tata M.F. Redemption. 
Ans: Grandfathering would be applicable for you while computing the capital gains for Tata Infrastructure Fund. The Cost of Acquisition to be considered would be the higher of:

(i) Cost of Acquisition of the asset and

(ii) Lower of:

  1. Fair market value of the asset as on January 31, 2018 and
  2. Full value of consideration received / receivable on transfer of the capital asset.

The computation for the same is tabulated below. I had assumed it is under dividend mode based on the NAVs provided:

Capital Gains Computation
Sl No Description Date Units NAV Amount
1

Sales Consideration

23-11-2020 489.939 25.717246 12,600
Purchase 1 01-03-2007 489.939 20.410704 10,000
Cost of Acquisition - on FMV 31-01-2018 489.939 32.27 15,810
As per grandfathering principle - COA   12,600
2 Sales Consideration 23-11-2020 1006.061 25.717246 25,873
Purchase 2 23-01-2008 1006.061 28.045771 28,216
Cost of Acquisition - on FMV 31-01-2018 1006.061 32.27 32,466
As per grandfathering principle - COA   28,216
  Long Term Capital Loss -2,343

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I am 27 years old girl corona made my life a waste. Just before corona I left an assistant job to go for regular studies then due to corna I got stuck being jobless. I really wanted to study in regular as in graduation I did from open university. Time being I tried govt job preparation but nothing happened. I got gap of 2 years i couldn't find another job. At the end I did get my post graduation mba completed but I didn't get a job of my education all are of calling & backend. Currently its been 3-4 months nothing is working, application getting rejected every time. During final year exams my bf broke up with me from a 8 year long relationship. Please answer me
Ans: To rebuild your career after completing an MBA, identify transferable skills such as management, communication, leadership, and problem-solving, and match them with job roles beyond just calling and backend work. Revamp your resume by highlighting your educational qualifications and skills, and showcase internships, projects, or certifications completed during your MBA. Upskill strategically by considering short-term certifications relevant to your MBA specialization, such as digital marketing, project management, or data analytics.

Get a ton of useful information on "Resume Building," "LinkedIn Profile Building," "Job Search," and "Salary Negotiation Skills" by tuning in to the free webinars hosted by Vikram Anand, Sakshi Chandrasekar, and Sawan Kapoor. Take advantage of these kinds of free webinars to keep yourself busy and increase your self-assurance.

Job search strategy should include applying for jobs that match your skills, using job portals like LinkedIn, and Indeed, and networking actively on LinkedIn. Consider exploring freelance projects or paid internships related to your MBA specialization.

Emotional healing is essential, and it's important to acknowledge the pain of the loss of a relationship. Focus on self-care activities that uplift you, such as journaling, exercising, reading, or joining support groups. Practice mindfulness or meditation to reduce anxiety. Seek professional support if feelings of sadness or self-doubt persist.

Set small, achievable goals to avoid feeling overwhelmed and redefine success as personal growth, resilience, and continuous learning. Remember that progress takes time, and you are not alone in this phase. Stay patient and persistent, as your breakthrough will come.
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Me and my boyfriend in a relationship from 5 years. My parents are happy with our relationship, but not his. I am Christian and he is Hindu. He tried to run away a few months ago to another state but his father spoke to authorities and caught him at an airport. He is now being monitored and has no way to escape. We want to seek legal help to get married but not sure where to look. We tried to look into special marriage act, but it requires 30 days notice meaning, his parents might find out and things get worse. Any advise is much appreciated on what help we can get legally.
Ans: First, it's essential to acknowledge the emotional strain this situation may be putting on both of you. It's okay to feel overwhelmed or uncertain, but your commitment to each other is a strong foundation to build upon. It's crucial to support each other emotionally through this process, as it will require patience, resilience, and understanding.

Additionally, you might consider looking into organizations or NGOs that support interfaith or inter-caste couples. These groups often have experience dealing with similar situations and can offer both legal advice and emotional support. They can also help navigate the legal process in a way that minimizes risk and ensures your rights are protected.

It's important to stay connected with people who support you both emotionally, whether it's friends, family, or support groups. Sharing your burden can lighten the emotional load and provide you with a network of allies who can help you through the process.

Remember, the love and commitment you share are powerful. While the road may be difficult, focusing on your shared goals and supporting each other through these challenges will strengthen your bond. Stay hopeful, seek the right help, and trust that you're making the best decisions for your future together.

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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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