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Ans: To get the valuation of your plot in India through government-provided data on the internet, follow these steps:

1. Visit the official website of the relevant government authority responsible for property valuation.
2. Look for the section or service related to property valuation or land records.
3. Access the property valuation service and provide accurate plot details.
4. Retrieve the valuation information displayed on the website, including market value and other relevant factors.
5. If necessary, follow the instructions to request an official valuation certificate.

Please note that online property valuation data availability and accuracy may vary, so it's advisable to refer to official government websites and consider consulting a professional or local Revenue Department for further assistance.

Ans: Amount given to spouse is not an income in the hands of spouse (wife). However, income received from said amount will be clubbed in the hands of husband (gift giver) as per clubbing provisions of income tax.

Ans: Taxability of charitable trust will depend whether trust applied for exemption from income tax u/s 12AB. In case, trust has received income tax exemption certificate and atleast 85% of income is applied for object of trust; trust will not be required to pay tax.

In case, trust has not received income tax exemption certificate, income of trust is likely to be taxed at highest rate of 30% as indermined share of AOP.

Ans: For FY 23-24, new scheme is likely to beneficial if deductions (including housing loan) is not more than 3.75 lacs. You can cross check tax liability under both option at https://incometaxindia.gov.in/Pages/tools/income-tax-calculator-234ABC.aspx

Ans: Hello & thank you for your writing to me. As you have Rs.9 Lakh to invest, you can consider deploying Rs.9 Lakh in 3 schemes each for large cap, mid cap and small cap funds.

Large Cap Funds:
1-Canara Robeco Bluechip Fund
2-UTI Mastershare
3-Tata Large Cap Fund

Midcap Funds:
1-SBI Magnum Midcap Fund
2-UTI Midcap Fund
3-Kotak Emerging Equity Fund

Small Cap Funds
1-Kotak Small Cap Fund
2-UTI Small Cap Fund
3-Edelweiss Small Cap Fund

You can consider investing Rs.1 Lakh in each of the above mentioned schemes.

Do note that this may not be the best combination of schemes for you and you should keep in mind your goals and individual risk tolerance.

Ans: Increasing Revenue every quarter for the past 3 quarters
Increasing profits every quarter for the past 3 quarters
Annual Net Profits improving for last 2 years
Book Value per share Improving for last 2 years
FII / FPI or Institutions increasing their shareholding

Great Data suggest HOLD

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Ans: Last quarter numbers are not good for Devyani, new store addition and operation margins gave a dent, but overall India will need more KFC's, Pizza Huts and Costa Coffee, we are a spending economy and huge development will happen in India. Inflation bottoming out, margins to improve on a sequential basis, store expansion and product innovation provides visibility of revenue coming forward.
HOLD for long term.

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Ans: Company is good and effectively using capital for generating profits. Margins are also maintained over yrs.
Hold it as its a good company. You can book partial and then invest in other stocks as per your risk appetite.


Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Ans: To calculate the capital gains tax on the sale of your property, we need to consider the acquisition cost, the cost of improvement, and the sale proceeds. Let's break down the calculations:

Acquisition Cost:
The acquisition cost is the amount you paid for the land in 2001, which is Rs. 2.5 lakhs.

Cost of Improvement:
The cost of improvement includes the expenses incurred for construction and any subsequent additions or extensions made to the property. In this case, it includes the construction of the initial two floors, the extension of one floor, and any other related expenses. You mentioned that the total expenses were around 25-30 lakhs. Let's assume the cost of improvement is Rs. 28 lakhs.

Indexed Cost of Acquisition and Improvement:
To adjust the acquisition cost and cost of improvement for inflation, we need to calculate the indexed cost. The indexed cost is calculated using the Cost Inflation Index (CII) provided by the Income Tax Department. The CII for the relevant years can be found on the Income Tax Department's website.

Let's assume the CII for the year 2001-2002 was 100 and for the current financial year, it is 317.

Indexed Cost of Acquisition = Acquisition Cost × (CII for the year of sale/CII for the year of acquisition)
Indexed Cost of Acquisition = Rs. 2.5 lakhs × (317/100) = Rs. 7,92,500

Indexed Cost of Improvement = Cost of Improvement × (CII for the year of sale/CII for the year of improvement)
Indexed Cost of Improvement = Rs. 28 lakhs × (317/100) = Rs. 88,76,000

Capital Gain:
To calculate the capital gain, deduct the indexed cost of acquisition and the indexed cost of improvement from the sale proceeds.
Capital Gain = Sale Proceeds - (Indexed Cost of Acquisition + Indexed Cost of Improvement)
Capital Gain = Rs. 70 lakhs - (Rs. 7,92,500 + Rs. 88,76,000)
Capital Gain = Rs. -26,68,500 (Assuming the indexed cost is higher than the sale proceeds)

Since the calculated capital gain is negative, it means there is no capital gain tax applicable in this case. This is because the sale proceeds are less than the indexed cost of acquisition and improvement.