Answers on Income Tax (25,648)
 | TDS section 194cWe are an Individual proprietorship firm engaged in eCommerce exports from India on Amazon.com etc. We are covered under presumptive taxation u/s 44AD (Turnover approximately... Answered by Naman Maloo 4 years ago |
 | Declaration of stock u/s 133A and tax section 115BBEOne of my clients, a partnership firm, declares excess stock at the time of 133A survey. Now the assessing authority treats the excess stock declaration as investment u/s 69B as... Answered by Karishma Chhajer 4 years ago |
| TCS u/s 206C(1H) on Goods supplied to Foreign Vessels (visiting Indian Ports) for their own use.A Ship Chandler supplies goods to foreign ships visiting Indian Sea Ports or stationed in Indian Territorial waters (within the 12 Nautical miles range). The goods are intended... Answered by Karishma Chhajer 4 years ago |
| TCS u/s 206C(1H) on Goods supplied to Foreign Vessels (visiting Indian Ports) for their own use.A Ship Chandler supplies goods to foreign ships visiting Indian Sea Ports or stationed in Indian Territorial waters (within the 12 Nautical miles range). The goods are intended... Answered by Karishma Chhajer 4 years ago |
 | Declaration of stock u/s 133A and tax section 115BBEOne of my clients, a partnership firm, declares excess stock at the time of 133A survey. Now the assessing authority treats the excess stock declaration as investment u/s 69B as... Answered by Vivek Kumar Arora 4 years ago |
| Company wind-off and distribution of reserves and assetsThis question was kept private Answered by Vivek Kumar Arora 4 years ago |
 | Capital gains taxAs per CBDT circulars Assessee has option to show Profits from shares as business income or Capital Gain. However, for frequent trading it has to be shown as business income.... Answered by Lakshita Bhandari 4 years ago |
| Company wind-off and distribution of reserves and assetsThis question was kept private Answered by Lakshita Bhandari 4 years ago |
| Declaration of stock u/s 133A and tax section 115BBEOne of my clients, a partnership firm, declares excess stock at the time of 133A survey. Now the assessing authority treats the excess stock declaration as investment u/s 69B as... Answered by Lakshita Bhandari 4 years ago |
| LRS scheme1. My father wants to gift me 70 lakhs rupees. How can he do it? My Questions 1. Under the LRS scheme: He can repatriate up 175 Lakhs. But after 7 lakhs banks need to deduct 5%... Answered by Lakshita Bhandari 4 years ago |
| TCS u/s 206C(1H) on Goods supplied to Foreign Vessels (visiting Indian Ports) for their own use.A Ship Chandler supplies goods to foreign ships visiting Indian Sea Ports or stationed in Indian Territorial waters (within the 12 Nautical miles range). The goods are intended... Answered by Vivek Kumar Arora 4 years ago |
| LRS scheme1. My father wants to gift me 70 lakhs rupees. How can he do it? My Questions 1. Under the LRS scheme: He can repatriate up 175 Lakhs. But after 7 lakhs banks need to deduct 5%... Answered by Vivek Kumar Arora 4 years ago |
| TCS u/s 206C(1H) on Goods supplied to Foreign Vessels (visiting Indian Ports) for their own use.A Ship Chandler supplies goods to foreign ships visiting Indian Sea Ports or stationed in Indian Territorial waters (within the 12 Nautical miles range). The goods are intended... Answered by Vivek Kumar Arora 4 years ago |
 | LRS scheme1. My father wants to gift me 70 lakhs rupees. How can he do it? My Questions 1. Under the LRS scheme: He can repatriate up 175 Lakhs. But after 7 lakhs banks need to deduct 5%... Answered by Payal Chhajed 4 years ago |
| LRS scheme1. My father wants to gift me 70 lakhs rupees. How can he do it? My Questions 1. Under the LRS scheme: He can repatriate up 175 Lakhs. But after 7 lakhs banks need to deduct 5%... Answered by Vivek Kumar Arora 4 years ago |
| Presumptive Taxation & Export of digital goodsI have been filing returns as sole proprietorship under 44ADA since 4-5yrs offering "Export of digital services" (Freelancing) to clients outside India Now I have a new business... Answered by Payal Chhajed 4 years ago |
| Presumptive Taxation & Export of digital goodsI have been filing returns as sole proprietorship under 44ADA since 4-5yrs offering "Export of digital services" (Freelancing) to clients outside India Now I have a new business... Answered by Lakshita Bhandari 4 years ago |
| Purchase of property above 50 lakhs jointlyI'm proposing tobuy a flat a resale property of Rs 1 crore jointly with my wife 2) I am availing loan around Rs 75 lakhs and balance Rs 25 lacs my contribution initial token Rs... Answered by Vivek Kumar Arora 4 years ago |