Latest Answers (46,845)
 | Clarification regarding use of NRO account for DMAT accountI am an NRI, while applying for creating my DMAT account online for Share market trading I gave my NRO account for buying and selling shares and Mutual fund. Since I applied for... Answered by Vivek Kumar Arora 8 days ago |
| Goodwill exempt on retirement of partnerIs amount received by partner,including goodwill against his share in partnership firm exempt from tax. We will be selling 40 percent this year and 60 percent in upcoming years... Answered by Vivek Kumar Arora 8 days ago |
 | Rental income calculation with TDS and Property Management feeHi, I am currently employing a property management firm to manage my flat which I have rental of INR 55,000. Inline with Section 194I, my tenant is deducting 5% for TDS and then... Answered by Shubham Goyal 9 days ago |
| Rental income calculation with TDS and Property Management feeHi, I am currently employing a property management firm to manage my flat which I have rental of INR 55,000. Inline with Section 194I, my tenant is deducting 5% for TDS and then... Answered by Vivek Kumar Arora 9 days ago |
| GST by landlord after obtaining Completion certificateHello, I entered into a DGPA with a builder in 2021. The project has 10 flats in total. The builder got 5 flats in his share and the other 5 fall under my share (landlord). The... Answered by Shubham Goyal 11 days ago |
| GST by landlord after obtaining Completion certificateHello, I entered into a DGPA with a builder in 2021. The project has 10 flats in total. The builder got 5 flats in his share and the other 5 fall under my share (landlord). The... Answered by Vivek Kumar Arora 11 days ago |
| To charge and pay/file GST or notI have a proprietorship in the media business. My business's GST is based on/attached to my individual PAN number. In a separate situation, I have taken a property on rent from... Answered by Vivek Kumar Arora 11 days ago |
 | To charge and pay/file GST or notI have a proprietorship in the media business. My business's GST is based on/attached to my individual PAN number. In a separate situation, I have taken a property on rent from... Answered by Shyam Sunder Modani 12 days ago |
| To charge and pay/file GST or notI have a proprietorship in the media business. My business's GST is based on/attached to my individual PAN number. In a separate situation, I have taken a property on rent from... Answered by Shubham Goyal 12 days ago |
 | To charge and pay/file GST or notI have a proprietorship in the media business. My business's GST is based on/attached to my individual PAN number. In a separate situation, I have taken a property on rent from... Answered by Naman Maloo 12 days ago |
| Goodwill exempt on retirement of partnerIs amount received by partner,including goodwill against his share in partnership firm exempt from tax. We will be selling 40 percent this year and 60 percent in upcoming years... Answered by Shubham Goyal 13 days ago |
| GST by landlord after obtaining Completion certificateHello, I entered into a DGPA with a builder in 2021. The project has 10 flats in total. The builder got 5 flats in his share and the other 5 fall under my share (landlord). The... Answered by Shubham Goyal 13 days ago |
| Goodwill exempt on retirement of partnerIs amount received by partner,including goodwill against his share in partnership firm exempt from tax. We will be selling 40 percent this year and 60 percent in upcoming years... Answered by Shubham Goyal 13 days ago |
| Acquisition if one new property against selling of two propertiesThis question was kept private Answered by Naman Maloo 17 days ago |
| Schedule FA ITR 2 Table A2 (Custodial Account) and A3 (Foreign Equity)1. For Foreign Assets, in Schedule FA, Table A2 (Custodial Accounts) should the peak value & closing value show ONLY the idle cash sitting in the brokerage account in USA or... Answered by Shubham Goyal 17 days ago |
| Clarification regarding use of NRO account for DMAT accountI am an NRI, while applying for creating my DMAT account online for Share market trading I gave my NRO account for buying and selling shares and Mutual fund. Since I applied for... Answered by Shubham Goyal 17 days ago |
 | Acquisition if one new property against selling of two propertiesThis question was kept private Answered by Vaibhav RK 17 days ago |
| Is pension refunded from foreign country (Germany and Switzerland) taxable in India?This question was kept private Answered by Vaibhav RK 17 days ago |