Answers on Income Tax (25,790)
 | Does tax treaty override section 206AAHi I wish to make a payment to a company abroad. Treaty rate for withholding is 10%. But the company does not have PAN in India. Could you please confirm if taxes should be... Answered by Prakash Sinha 10 years ago |
| Treatment of home loanI took a home loan in F.Y. 2014-15. My EMI started October onwards. However, I will get the possession in August 2015. Could you let me know how can I claim the interest paid in... Answered by Prakash Sinha 10 years ago |
| Compensation awarded by court for wrongful terminationI am a senior citizen 70 years old and have been fighting case in court with my employer for wrongful termination from last 12 years.Recently settlement took place and the court... Answered by Prakash Sinha 10 years ago |
 | Income Tax or Service Tax NetIf I am receiving 15L - 10% TDS (1350000) as salary a year, but not employed i.e I am not in the muster roles of the company and not entitled to any employee benefits like, PF,... Answered by Rohit R Sharma 10 years ago |
 | Gift taxDo I need to give any gift tax for amount Rs. 5Lakhs received from my parents? If so how much. I am an unemployed house wife... Answered by B Vijaya Kumar 10 years ago |
 | Foreign fundsA friend of mine has a trust working on christian ministries. From USA he has received an offer from a donor to give him a loan of about 250,000 USD without any interest and the... Answered by Kavit Dilip Gadhia 10 years ago |
| PPF accountI have a ppf ac. 5 yr extension will get over in mar 2016. will i be able to withdraw whole amount in april 2016, if i opt out and decide not to extend the ac for further period... Answered by Kavit Dilip Gadhia 10 years ago |
| Gift taxDo I need to give any gift tax for amount Rs. 5Lakhs received from my parents? If so how much. I am an unemployed house wife... Answered by Rohit R Sharma 10 years ago |
| Income Tax or Service Tax NetIf I am receiving 15L - 10% TDS (1350000) as salary a year, but not employed i.e I am not in the muster roles of the company and not entitled to any employee benefits like, PF,... Answered by Kavit Dilip Gadhia 10 years ago |
| Tax calculation on compensation received for agricultural landThis query is related to land acquired by Bihar government from my father 25-30 years back to create a colony for refuge who had come from Burma country. Thus was agriculture... Answered by Kavit Dilip Gadhia 10 years ago |
| Is societies under XXl taxableI would like to know, Is it necessary for the Societies registered with Government of India under the Societies Act XXI of 1860 (For eg: The Indian Pentecostal Church of God) to... Answered by Kavit Dilip Gadhia 10 years ago |
 | Gift taxDo I need to give any gift tax for amount Rs. 5Lakhs received from my parents? If so how much. I am an unemployed house wife... Answered by Vijay Kapoor 10 years ago |
| Filing tax returns for previous yearsCan Tax returns be filed for prevous years if not filed Answered by Kavit Dilip Gadhia 10 years ago |
| Gift taxDo I need to give any gift tax for amount Rs. 5Lakhs received from my parents? If so how much. I am an unemployed house wife... Answered by Shashank Surana 10 years ago |
| Procedure to get tax exemption on gifts to spouse and motherHi, I come under 10% tax slab. I want to give some gifts to my spouse and mother. How can I claim tax exemption for that gifted amount, could you please explain the step by step... Answered by Kavit Dilip Gadhia 10 years ago |
| Gift from NRI son from their previous earned indian incomeIf an NRI son gifts / transfers an amount to his father's bank account by cheque or online from his previously earned & saved income in India, what format has to be used for... Answered by Kavit Dilip Gadhia 10 years ago |
| Compensation awarded by court for wrongful terminationI am a senior citizen 70 years old and have been fighting case in court with my employer for wrongful termination from last 12 years.Recently settlement took place and the court... Answered by Kavit Dilip Gadhia 10 years ago |
| Treatment of home loanI took a home loan in F.Y. 2014-15. My EMI started October onwards. However, I will get the possession in August 2015. Could you let me know how can I claim the interest paid in... Answered by Kavit Dilip Gadhia 10 years ago |