Latest Answers (47,447)
 | Tenant (Nationalised Bank) is deducting 20% TDS on rentHi, My tenant (a large nationalised bank) deducts 20% as TDS every month. The rent per month (as per agreement) is 94000 Rupees for the branch they operate. From what I gather,... Answered by Lakshita Bhandari 3 years ago |
| Us LLC company and India OPC taxation needsHello, I've been working as a Freelancer for a few months, providing Online IT consulting services to global clients, with the most number of them being in the US. I have now... Answered by Lakshita Bhandari 3 years ago |
 | No account case in ITR 3IF my income is less than 2.5 lakh and turnover less than 25 lakhs. Dont have books of accounts under 44AA. Then in no account case can i show income less than 8%. As i earn... Answered by Naman Maloo 3 years ago |
 | Direct charge or RCM on a rent from commercial property In IndiaThis question was kept private Answered by Puja Sharma 3 years ago |
| Foreign citizen OCI company directorThis question was kept private Answered by Puja Sharma 3 years ago |
| Tax effect on gold / jewellery of NRI / OCI in IndiaQ.1 Does possessing or buying or selling gold jewelry / coins / biscuits / bars / bullion by an individual have any effect on the income tax return of that individual in india... Answered by Puja Sharma 3 years ago |
 | Foreign citizen OCI company directorThis question was kept private Answered by Vivek Kumar Arora 3 years ago |
| Tax effect on gold / jewellery of NRI / OCI in IndiaQ.1 Does possessing or buying or selling gold jewelry / coins / biscuits / bars / bullion by an individual have any effect on the income tax return of that individual in india... Answered by Vivek Kumar Arora 3 years ago |
 | Will I get income tax exemption if I construct new house with Asbestos sheets roofingI sold 40 years old empty plot and I got 40 lakhs(market value).Right now I don't have any house. I think if i construct new house with these 40 lakhs ,no need to pay income tax... Answered by Payal Chhajed 3 years ago |
| Will I get income tax exemption if I construct new house with Asbestos sheets roofingI sold 40 years old empty plot and I got 40 lakhs(market value).Right now I don't have any house. I think if i construct new house with these 40 lakhs ,no need to pay income tax... Answered by Lakshita Bhandari 3 years ago |
| NRO Fund remittance to overseas International bank.Hi Greeting, I am NRI and about 1 month back I purchased shared of Rs 35 Lacks from Bombay Stock Exchange through my NRO account, now in short time value of my shared has... Answered by Lakshita Bhandari 3 years ago |
| Foreign business accountDear CAs: I am running a small contracting business (sole proprietorship) where all my clients so far are based in EU. I would like to setup a business bank account in EU to... Answered by Lakshita Bhandari 3 years ago |
| Income tax on interest incomeThis question was kept private Answered by Lakshita Bhandari 3 years ago |
| Tax effect on gold / jewellery of NRI / OCI in IndiaQ.1 Does possessing or buying or selling gold jewelry / coins / biscuits / bars / bullion by an individual have any effect on the income tax return of that individual in india... Answered by Naman Maloo 3 years ago |
| Foreign citizen OCI company directorThis question was kept private Answered by Naman Maloo 3 years ago |
| Will I get income tax exemption if I construct new house with Asbestos sheets roofingI sold 40 years old empty plot and I got 40 lakhs(market value).Right now I don't have any house. I think if i construct new house with these 40 lakhs ,no need to pay income tax... Answered by Puja Sharma 3 years ago |
 | Leave encashment exemptionI resigned from a company after working 1.5 years. My last working day was 14th Aug 2021. Company encashed me 21 days leaves which is part of salary in form 16. But, in form 16... Answered by Prerna Peshori 3 years ago |
| Tenant (Nationalised Bank) is deducting 20% TDS on rentHi, My tenant (a large nationalised bank) deducts 20% as TDS every month. The rent per month (as per agreement) is 94000 Rupees for the branch they operate. From what I gather,... Answered by Prerna Peshori 3 years ago |