Latest Answers (47,529)
 | Capital gain taxI have bought new property for 40 lakh in Sept 2017 and in March 2018 i sold old 8 year old property with capital gain of 17 lakh. 1)Will income tax get applied on 17 lakh if... Answered by Rohit R Sharma 7 years ago |
| Leave encashment - tax relief u/s 10This question was kept private Answered by Rohit R Sharma 7 years ago |
| NRI - sale of rural agricultural landMy mother made a will 10 years ago giving me some rural agricultural land. She passed away 4 years ago. There was delay in my getting the land due o problem with some family... Answered by Rohit R Sharma 7 years ago |
| Refund against a TDS deduction by Insurance Company on ClaimThis question was kept private Answered by Rohit R Sharma 7 years ago |
| Can a foreign person/company transfer money into bank accountThis question was kept private Answered by Rohit R Sharma 7 years ago |
| Tax on online transaction between brothersI have taken total 9.5 lakh from brother through online banking in fy 2017-2018( 2.5 lakh on 4-april-2017, 2 lakh on 10 may 2017, and 5 lakh on 18-dec-207). All the transaction... Answered by Rohit R Sharma 7 years ago |
| How to make term sheet for angel investorshow to make term sheet for Angel Investors for an indian newly built ecommerce Startup,main source of income is commision from the product sale 1.For 1 year 2.10Lac min... Answered by Rohit R Sharma 7 years ago |
| Tax on sale of flatflat purchased in 1993-94 for rs.351000 ,is to be sold in april 2018 for rs.2500000 .how much tax i have to pay on sale Answered by Rohit R Sharma 7 years ago |
| Capital gains tax on ancestral propertyAn ancestral property was transferred to two brothers (brother A & B). Which was later (2.2 years back) was completely re-built by a builder (4 floors + Still) and handed over... Answered by Rohit R Sharma 7 years ago |
| Does builder raise any invoice before GST collection from buyerThis question was kept private Answered by Rohit R Sharma 7 years ago |
| Agriculture land saleHi, My father have old ansestral agricultural land which he is planning to sale. Is there any tax liability on that? Land is in Rural area and approx sailing cost is 60 Lakhs.... Answered by Rohit R Sharma 7 years ago |
| Futures and options taxI have been trading in futures and options. I filed itr4 for 2014-15 and showed a loss of 1.2 lakhs. I didn't file itr4 in 15-16 and 16-17, even though I had loss in that years.... Answered by Rohit R Sharma 7 years ago |
| Capital gain tax on professional goodwill for doctorsIs professional goodwill earned by years of practice by doctors, taxable as capital gain tax when the doctor sells his hospital. Or it is exempted? Please quote relevant... Answered by Rohit R Sharma 7 years ago |
| Need clarification on the benefits of housing loan in tax savingThis question was kept private Answered by Rohit R Sharma 7 years ago |
| NRI to residentThis question was kept private Answered by Rohit R Sharma 7 years ago |
| Regarding my income taxHi, I work in a startup company where I am paid 80k p.m. salary. Regarding my Income Tax they gave me two options, 1, Pay tax for the whole salary 2, Since I work out of home I... Answered by Rohit R Sharma 7 years ago |
 | Presumptive Income + short term capital gain = ITR 3 ?This question was kept private Answered by Vivek Kumar Arora 7 years ago |
 | Presumptive Income + short term capital gain = ITR 3 ?This question was kept private Answered by Abhishek Dugar 7 years ago |