DWQA User Profile Suresh87Questions(21)Answers(2)Posts(0)CommentsI'm buying a property having 2 floors.On ground floor there is a shop and on second floor there is a residential house.In this case,we can treat it as a commercial shop or a residential house?On Gifted Property & LTCGIncome above 1.5 lakhs-maintaining book of accounts is mandatory-Is it true?On Filing returnsShe has other sources of income which came from Bank FDs(around 35000rs).On Filing returnsIs it possible to file ITR of a dead person by a legal heir?Who will put signature on ITR form?On Answer for NomineeHis son i.e My father is there.My grand father can not write any Will.Moreover he doesn't have any properties on his name.Only fixed deposits are there.On Answer for NomineeSorry,I can't understand.I got exempted gift amount 2 lakhs in 2013.Im earning interest on that gift by depositing in bank FD.The validity of that FD is 2014-2018.I'm showing interest amount every year in ITR.After maturity(In 2018) how can I show that 2 lakhs in ITR i.e in which head I have to show?On Answer for How to file? (Gift Amount)Is it a right choice to invest in sundaram smile fund for long term(8-10 years).Main purpose is wealth creation.On Confused between SBI Blue Chip Fund & ICICI Focused Bluechip FundCrop
