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FAQ

Is there a calculator to find out the unique and access code of a gift card with 19 numbered?
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How do I treat unrealized losses in equity for ITR? Which form should I fill out?
There is no procedure for set of unrealized losses in equity from other profit. The actual losses can be set of against the profit of other equities. For the purpose of profit or losses in the transaction of equity, the form no.3 should be filed.
ITR 2 How to fill short term losses and gain of equity shares of previous years?
ITR2A is a much simpler subset of ITR2 and is not covered separately. Individuals or HUFs with no income from business/profession, no captial gains and no income from foreign assets can use ITR2A.Individuals or HUF’S with no income from business/profession, but with capital gains and income from foreign assets should use ITR2.Guide to efile Income Tax Return: ITR2, ITR2A and ITR4For expert advise visit Financial Hospital
A senior resident has dividend income of 2 lakhs from equity shares and 9 lakhs from mutual funds. How do you fill out ITR 2 for 2017-2018?
Hi ,The dividend income from equity is exempt and the dividend income from mutual fund is exempt if STT ( security transaction tax) has been paid on the same. If both the dividend income is exempt then you need to disclose the same in schedule of exempt income in ITR-2.For income tax relatex assiatance kindly connect with me on khushbu.2893@gmail.com with your contact no
How do you understand gift of equity?
A gift of equity involves the sale of a residence to a family member or someone with whom the seller has a close relationship, at a price below the current market value. The difference between the actual sales price and the market value of the home is the actual gift of equity—so called because the sales price is so much lower than the real market price of the home, it counts as a present or giveaway. No actual money change hands.A gift of equity can have tax consequences, as it could impact the asset's cost basis for the new homeowner and have capital gains implications for the seller. Also, if not executed properly, a gift of equity could trigger a gift tax.Additionally, a considerable sale can affect the local real estate market. If a house sells for considerably less than others with comparable features, it may negatively impact other home sales in that price point or area. However, it may be possible for the sale to be done privately or off-market to avoid that complication.For example: A common gift of equity occurs when a married couple wishes to sell their home to their children for a favorable price that they set, rather than going through a real estate office that would demand a certain price for market purposes. The parents would name a price that they agreed on and “sell” the house to their children for that amount, despite the fact that the house is actually worth a lot more.
Is it illegal to make bots (automatic instructions) that fill out surveys, download apps, and plays them, all so it can earn me some gift cards or money?
I can tell you that a bot to fill out surveys will not work.How could it work?It would have to deal with captcha, typed answers and trick questions. Sometimes basic questions are asked twice, before and after survey. You cannot win.Website policies are governed by something called “terms of service”. When you register at a website and click that box, you are agreeing to rules the site list on the TOS page. It is highly recommended that all websites have a TOS (and privacy page). When you start a survey, you agree at the start to follow the rules.Please I want you to understand the difference as a citizen between criminal and civil offenses. Go to your country official pages to learn what that means. Some students learn this in school. A website is a new thing upon building and growth of the Internet. A website is a publication. The Internet is worldwide and covers many different laws and codes. Some rules are not laws but CODES or STATUTES. If you go online there is a document that you should read about “Netiquette”. This is correct online behavior that you should study for understanding.Illegal implies breaking a law where penalty is jail and or fine. It costs money to process law breakers (I hope you know this). So it is up to website security team to catch cheaters and ban them if caught. It is easy to block IP addresses. You can’t fake your personal data. A fake copy will not make any sense.For websites, it is scripts and the admin and team that enforce terms of service. They can catch you because when you surf the web from your computer or phone you send to the website your IP address. This appears in a record that records your visit complete with a set of your surfing details. (Did you know this?) When I go to raw stats on my web host, I can view the following for each visitor: browser, operating system, ISP, IP address, pages visited, referral page,You cannot cheat a survey because survey designers have found cheaters and can design it to stop it.The same goes for other earning methods. The admin knows. The admin rules. Don’t mess with web admin.There are many valid ways to earn online that do not involve tricks or time wasting methods. Your time is better spent doing it right. You will earn more and offer valuable service.