Answers on Income Tax (25,625)
 | Remittance to support OCI EducationHello, I am a resident Indian and I will be supporting the education of my cousin sister. She is currently studying in university in Canada. Her status is OCI. As a resident... 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 Vivek Kumar Arora 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 Payal Chhajed 4 years ago |
 | If I opt for 115BA, can we set off against LTCG losses from Sale of Equity SharesIf I as an individual opt for 115BA (and use its reduced slab rates), can I still carry forward LTCG loss in Equity and in case of ltcg gain, can I set off against LTCG losses... Answered by Lakshita Bhandari 4 years ago |
 | If I opt for 115BA, can we set off against LTCG losses from Sale of Equity SharesIf I as an individual opt for 115BA (and use its reduced slab rates), can I still carry forward LTCG loss in Equity and in case of ltcg gain, can I set off against LTCG losses... Answered by Karishma Chhajer 4 years ago |
| 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 Karishma Chhajer 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 Karishma Chhajer 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 Karishma Chhajer 4 years ago |
| Can a grandmother start a non ancestral joint family business with her 2 year old niecesMy Sisters claim that my parents properties were purchased from the funds of a Joint family business run by their grandmother and them when they were 2 year old ? Can an adult... Answered by Karishma Chhajer 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 Karishma Chhajer 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 Karishma Chhajer 4 years ago |
| Can a grandmother start a non ancestral joint family business with her 2 year old niecesMy Sisters claim that my parents properties were purchased from the funds of a Joint family business run by their grandmother and them when they were 2 year old ? Can an adult... 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 Lakshita Bhandari 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 Vivek Kumar Arora 4 years ago |
| 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 Payal Chhajed 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 Payal Chhajed 4 years ago |
| Under what section I have to flle?Hi Sir/ Madam I am a senior citizen I am working as a freelancer, writing content for several institutions from India and abroad and also working as a freelance private tutor... 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 Lakshita Bhandari 4 years ago |