Answers on Indian Income Tax

	Whether Qly form 16/16A is mandatory for salaried employees In my previous job I used to get Form 16 only once in year after FY end in April or May On my present job some salaried contractual employees who left in Jan 21 are alleging... Answered by Ruchi Goel Anchal 4 years ago
	I am an author earning foreign income from my publisher This question was kept private Answered by Vivek Kumar Arora 4 years ago
	Whether Qly form 16/16A is mandatory for salaried employees In my previous job I used to get Form 16 only once in year after FY end in April or May On my present job some salaried contractual employees who left in Jan 21 are alleging... Answered by Vivek Kumar Arora 4 years ago
	Did not pay advance tax I did not pay advance tax for fy 2020-21. Should have paid. I am a stock market trader & also have mf capital gain & dividends & savings acc interest. If I pay whatever I think... Answered by Ruchi Goel Anchal 4 years ago
	Did not pay advance tax I did not pay advance tax for fy 2020-21. Should have paid. I am a stock market trader & also have mf capital gain & dividends & savings acc interest. If I pay whatever I think... Answered by Payal Chhajed 4 years ago
	Capital gain tax and exemptions Hello Sir/Madam, I have a question with regards to Joint development agreement (JDA). The land under consideration is 450 sq.yds bit and it was inherited from my ancestor. In... Answered by Payal Chhajed 4 years ago
	Capital gain tax and exemptions Hello Sir/Madam, I have a question with regards to Joint development agreement (JDA). The land under consideration is 450 sq.yds bit and it was inherited from my ancestor. In... Answered by Naman Maloo 4 years ago
	Can one file a revised return after assessment is done under section 143(1) Normally a revised return should be filed before the end of the relevant assessment year or before the completion of the assessment, whichever is earlier ie. In the case of AY... Answered by Naman Maloo 4 years ago
	High value transaction email from Income tax I am derivative trader and my turnover is very high because I do scalping i.e. existing with small profit or loss So my turnover is very high Last year I have file return and it... Answered by Naman Maloo 4 years ago
	Income tax Querry on TDS deducted by builder and non filing of returns Dear All I have bought a under construction flat in Oct 2019 with my wife as first holder and me being second and taken a loan on my name as I am working. Got a querry from... Answered by Naman Maloo 4 years ago
	Query regarding section 44ADA I am earning entire income online, that is, it all comes into my account. Let's say my income is 48 lakh, so as per presumptive taxation under section 44ADA, I can pay tax on... Answered by Naman Maloo 4 years ago
	Buying residential flat from proprietorship firm current bank account Hi, I am looking forward to buying a residential apartment for my personal use in Mumbai. As I am the proprietor of my firm, can I pay the entire amount of the apartment from my... Answered by Naman Maloo 4 years ago
	Turn over calculation for filing IT returns Dear Sir / Madam, We are a Customs Broker company. We are raising 2 invoices for the clearance of Import / Export to our clients. 1 is a Taxable invoice and the other one is a... Answered by Naman Maloo 4 years ago
	Withdrawing EFP as NRI and tax implications Hi, I would like to withdraw EPF as I'm a non-resident now for more than 2 years. I left my Indian job in 2018. I need to withdraw to my Canadian bank account. When I try to... Answered by Siddharthh Jain 4 years ago
	Turn over calculation for filing IT returns Dear Sir / Madam, We are a Customs Broker company. We are raising 2 invoices for the clearance of Import / Export to our clients. 1 is a Taxable invoice and the other one is a... Answered by Chirag Maru 4 years ago
	Query regarding section 44ADA I am earning entire income online, that is, it all comes into my account. Let's say my income is 48 lakh, so as per presumptive taxation under section 44ADA, I can pay tax on... Answered by Chirag Maru 4 years ago
	Investing in startup for ownership of income earning e bikes - start co. to save income tax Sir/Ma'm, I am.plannong to invest about 31 lacs in an ebike startup for ownership of 30 e bikes which the company will put on rent for b2c and Bob with assures returns for a... Answered by Chirag Maru 4 years ago
	EPF after settling abroad Hello, I started contributing to EPF with an employer in India from October 2014 to February 2016. I have since then been working abroad. My questions 1) Can I withdraw the EPF... Answered by Lakshita Bhandari 4 years ago

Answers on Income Tax (25,625)