Latest Answers (47,699)
 | 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 Vivek Kumar Arora 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 Lalit Bansal 7 years ago |
 | Sale of family heirloomHi, My dad owns some family heirlooms which are expected to sell this month. He wants to transfer a portion directly from buyer to my account - would there be any issue while i... Answered by Abhishek Dugar 7 years ago |
 | Fair market valueThis question was kept private Answered by Damini Agarwal 7 years ago |
| Taxability of proceeds from winding up of companyI incorporated a private limited company in 2009 with Rs one lakh paid up capital and there are just two shareholders me and my son The company at present has reserves of Rs one... Answered by Damini Agarwal 7 years ago |
| NRE to resident statusI have returned to India from Kuwait for good on Feb 24th 2017. One of the banks I have FDs with as NRI, says, if I attempt to change status to resident in their bank a/c, they... Answered by Damini Agarwal 7 years ago |
| GSTR-1 amendmentHi, I have 2 questions. I need to Amend few old invoices by increasing Taxable value for each invoices. But there is no way to Amend Total HSN Wise summary value for outward... Answered by Abhishek Dugar 7 years ago |
| Capital Gains Tax Implications under Collaboration AgreementI purchased a 500 sq yd plot in 2003. I have entered into a Collaboration agreement with a builder to build 4 floors out of which I will keep 2 floors plus I will get some cash.... Answered by Abhishek Dugar 7 years ago |
 | Taxability of proceeds from winding up of companyI incorporated a private limited company in 2009 with Rs one lakh paid up capital and there are just two shareholders me and my son The company at present has reserves of Rs one... Answered by Lakshita Bhandari 7 years ago |
| NRE to resident statusI have returned to India from Kuwait for good on Feb 24th 2017. One of the banks I have FDs with as NRI, says, if I attempt to change status to resident in their bank a/c, they... Answered by Lakshita Bhandari 7 years ago |
 | Agricultural land being soldI am an NRE, since last 10 years I have been working in Gulf, hence I have not filed income tax return since then. Now I plan to sell my agricultural land in rural area and... Answered by Priyank Kumar 7 years ago |
| Income tax payment challan matterHi- I have 2 questions. 1> If I pay all Income tax amount in BASIC TAX field ..without distributing the amount among Basic Tax , Surcharge , Edu cess , interest , penalty etc.(... Answered by Priyank Kumar 7 years ago |
| Income tax from money recieved from my deceased father accountMy mother received 4 lakh rupees from my deceased father account to my mother account.i file ITR and provide detail of only her pension income.now I get mail for its and they... Answered by Priyank Kumar 7 years ago |
| Am I eligible for exception under section 54FI have sold my property in June 2017 and I am looking for a new property which will likely be finalized by June 2018. Am I liable to pay long term capital gain ? Is section 54F... Answered by Priyank Kumar 7 years ago |
| Notice under Section 148 for assessment year 2011-12This question was kept private Answered by Priyank Kumar 7 years ago |
 | Capital Gains Tax Implications under Collaboration AgreementI purchased a 500 sq yd plot in 2003. I have entered into a Collaboration agreement with a builder to build 4 floors out of which I will keep 2 floors plus I will get some cash.... Answered by Sunny Thakral 7 years ago |
| Purchasing of a flat from land owner instead of builderI am going to get my flat registered which has been purchased from the land owner by booking after completion of about 95% work( Not the share of the builder). Now the builder... Answered by Sunny Thakral 7 years ago |
| 8% GST instead of 12% GST on purchase of under construction flatAfter 26th jan 2018, If i am eligible for 8% GST under CLSS & PMAY , So after Registration Process should i pay 12% to builder or 8% GST Or Shall i pay Full 12% GST and i will... Answered by Sunny Thakral 7 years ago |