Latest Answers (47,665)
 | 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 |
| 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 Prerna Peshori 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 Prerna Peshori 3 years ago |
| Income tax on interest incomeThis question was kept private Answered by Prerna Peshori 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 Puja Sharma 3 years ago |
 | Direct charge or RCM on a rent from commercial property In IndiaThis question was kept private Answered by Vivek Kumar Arora 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 Vivek Kumar Arora 3 years ago |
| Income tax on interest incomeThis question was kept private 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 Vivek Kumar Arora 3 years ago |
 | Income tax on interest incomeThis 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 Vishrut Rajesh Shah 3 years ago |
| Income tax on interest incomeThis question was kept private Answered by Vishrut Rajesh Shah 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 Vishrut Rajesh Shah 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 Naman Maloo 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 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 Naman Maloo 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 Puja Sharma 3 years ago |