Latest Answers (47,822)
 | When online Form 26QB correction is "pending for AO approval" do I need to do something?I am an NRI living in the US, and I'm in the process of purchasing a property in Kolkata. I made a mistake in reporting the "amount paid" to seller on my Form 26QB. I entered... Answered by Naman Maloo 7 years ago |
| Questions regarding scrutinyThis question was kept private Answered by Naman Maloo 7 years ago |
 | GiftI am an adult male in 40s and wish to gift (write a check from bank) for Rs 65 lacs to my mother. This is all the money I have in FD assets in State Bank. Most of this can... Answered by Lakshita Bhandari 7 years ago |
| GiftI am an adult male in 40s and wish to gift (write a check from bank) for Rs 65 lacs to my mother. This is all the money I have in FD assets in State Bank. Most of this can... Answered by Naman Maloo 7 years ago |
| Partnership Firm Dissolved but TDS Not ClaimedHi Experts, We have a partnership firm. We have been filling returns from last 20 years or so. On March 2015, one partner passed away and so partnership firm became a proprietor... Answered by Naman Maloo 7 years ago |
| Calculation of LTCG and opening of LTCG deposit accountHello everyone, (1) I purchased a residential flat at Kamothe, Navi Mumbai on 10th July 2006 for Rs. 6,75,000. I sold the same for Rs. 34 Lakh on 28th November 2018. I want my... Answered by Naman Maloo 7 years ago |
| Long termI have sold a property for 1.5 crore in June 2016 and estimated long term capital gains is 9 lakhs. I have no plans of reinvesting in any other property and wanted to pay tax... Answered by Naman Maloo 7 years ago |
| Long termI have sold a property for 1.5 crore in June 2016 and estimated long term capital gains is 9 lakhs. I have no plans of reinvesting in any other property and wanted to pay tax... Answered by Lakshita Bhandari 7 years ago |
| Calculation of LTCG and opening of LTCG deposit accountHello everyone, (1) I purchased a residential flat at Kamothe, Navi Mumbai on 10th July 2006 for Rs. 6,75,000. I sold the same for Rs. 34 Lakh on 28th November 2018. I want my... Answered by Lakshita Bhandari 7 years ago |
 | Calculation of LTCG and opening of LTCG deposit accountHello everyone, (1) I purchased a residential flat at Kamothe, Navi Mumbai on 10th July 2006 for Rs. 6,75,000. I sold the same for Rs. 34 Lakh on 28th November 2018. I want my... Answered by Payal Chhajed 7 years ago |
| Regarding AOP RegistrationThis question was kept private Answered by Payal Chhajed 7 years ago |
 | Tax implications on joint dmat account holder sThis question was kept private Answered by Karishma Chhajer 7 years ago |
| Input tax creditThis question was kept private Answered by Karishma Chhajer 7 years ago |
| Transfer of shares between sisters - tax implication if any?Dear Sir/Madam Request your advise on the following I am a married women and my father had some Equity shares, that he was decided to share between two of us(sister). as i was... Answered by Karishma Chhajer 7 years ago |
| Buying car in IndiaHi, I am holding an NRI account. I am planning to buy a car in India (worth 10.5 Lakhs) full payment upfront. I will be giving cheque from my NRI account, will this invite any... Answered by Karishma Chhajer 7 years ago |
| Error 311 defective returnI have filed return with all entries as zero in part B of the Balance sheet ( no account case under 44ADA professional income). Profit and loss ( part B) is filled with... Answered by Karishma Chhajer 7 years ago |
| Property (land) sale in India and transferring funds to USA to buy houseThis question was kept private Answered by Payal Chhajed 7 years ago |
| Questions regarding scrutinyThis question was kept private Answered by Payal Chhajed 7 years ago |