Answers on Income Tax (25,629)
 | Tax implications while setting up a small time startup in IndiaI am currently running an IT service company in UAE since Jan 2024 when I was a resident in India. Since April 2025 I am an NRI and due to family situations I will be returning... Answered by Shubham Goyal 5 days ago |
 | Tax implications while setting up a small time startup in IndiaI am currently running an IT service company in UAE since Jan 2024 when I was a resident in India. Since April 2025 I am an NRI and due to family situations I will be returning... Answered by Vivek Kumar Arora 5 days ago |
| Tax implications while setting up a small time startup in IndiaI am currently running an IT service company in UAE since Jan 2024 when I was a resident in India. Since April 2025 I am an NRI and due to family situations I will be returning... Answered by Shubham Goyal 6 days ago |
| Goodwill relatedUnderstanding of goodwill, I want to ask if partnership firm readjust share ratio. Suppose firm average Net profit 12 lakh after partner's interest on capital ( 10 lakh). So,... Answered by Shubham Goyal 26 days ago |
| Which purpose code to use?Which purpose code should I use if I provide 3d rendering, design etc services to individual clients who may or may not use them for personal or commercial purpose. Answered by Shubham Goyal 1 month ago |
| Which purpose code to use?Which purpose code should I use if I provide 3d rendering, design etc services to individual clients who may or may not use them for personal or commercial purpose. Answered by Vivek Kumar Arora 1 month ago |
| Short deduction demand due to inoperative PANThese are the facts of the case thus far : 1. Land was purchased 5th Dec 2023 via joint sale (three vendors comprising a mother and two daughters and 1 Purchaser). 2. The Sale... Answered by Shubham Goyal 1 month ago |
 | Clarification on TDS Applicability on Payment to Dubai-based Company for Software Services Delivered to Australian ClientCompany A: An Indian private limited company, owned and operated by an Indian citizen. Company B: An Australian company, owned and operated by an Australian citizen who is also... Answered by Damini Agarwal 1 month ago |
| Short deduction demand due to inoperative PANThese are the facts of the case thus far : 1. Land was purchased 5th Dec 2023 via joint sale (three vendors comprising a mother and two daughters and 1 Purchaser). 2. The Sale... Answered by Vivek Kumar Arora 1 month ago |
| Clarification on TDS Applicability on Payment to Dubai-based Company for Software Services Delivered to Australian ClientCompany A: An Indian private limited company, owned and operated by an Indian citizen. Company B: An Australian company, owned and operated by an Australian citizen who is also... Answered by Shubham Goyal 1 month ago |
| Clarification on TDS Applicability on Payment to Dubai-based Company for Software Services Delivered to Australian ClientCompany A: An Indian private limited company, owned and operated by an Indian citizen. Company B: An Australian company, owned and operated by an Australian citizen who is also... Answered by Vivek Kumar Arora 1 month ago |
 | Clarification on TDS Applicability on Payment to Dubai-based Company for Software Services Delivered to Australian ClientCompany A: An Indian private limited company, owned and operated by an Indian citizen. Company B: An Australian company, owned and operated by an Australian citizen who is also... Answered by B Vijaya Kumar 1 month ago |
| Income tax excemption for property purchased under mother and wife nameI have purchased one house under my mother and my wife name. Home loan taken by me with co borrower is my wife. Who and how home loan part can be utilized of principle and... Answered by Shubham Goyal 2 months ago |
| Income tax excemption for property purchased under mother and wife nameI have purchased one house under my mother and my wife name. Home loan taken by me with co borrower is my wife. Who and how home loan part can be utilized of principle and... Answered by Vivek Kumar Arora 2 months ago |
| Short deduction demand due to inoperative PANThese are the facts of the case thus far : 1. Land was purchased 5th Dec 2023 via joint sale (three vendors comprising a mother and two daughters and 1 Purchaser). 2. The Sale... Answered by Shubham Goyal 2 months ago |
| Short deduction demand due to inoperative PANThese are the facts of the case thus far : 1. Land was purchased 5th Dec 2023 via joint sale (three vendors comprising a mother and two daughters and 1 Purchaser). 2. The Sale... Answered by Vivek Kumar Arora 2 months ago |
| EPFO pensionThis question was kept private Answered by Vivek Kumar Arora 2 months ago |
| TDS deducted is filed under form 26Q and not 26QC. Monthly rent is above 1 lakh. Been deducting TDS @10% since July 2024.Please help me on the situation that i face currently. i want to rectify it and i dont know how to proceed. tds has been deposited but in form 26q and i can not delete entries... Answered by Vivek Kumar Arora 2 months ago |