Latest Answers (47,785)
 | Get UDS of land by gift deed and use capital gains to construct additional floors.Inputs: My father had the house property which he had sold on 13-Feb-2024. He died on 09-Apr-2024. After his death, my mother has filed the income tax return as a Representative... Answered by Vivek Kumar Arora 9 months ago |
 | Get UDS of land by gift deed and use capital gains to construct additional floors.Inputs: My father had the house property which he had sold on 13-Feb-2024. He died on 09-Apr-2024. After his death, my mother has filed the income tax return as a Representative... Answered by Shubham Goyal 9 months ago |
| Tax implications while setting up a small time startup in IndiaI am currently running an IT service company in UAE since Jan 2024 when I was a resident in India. Since April 2025 I am an NRI and due to family situations I will be returning... Answered by Shubham Goyal 9 months ago |
| Tax implications while setting up a small time startup in IndiaI am currently running an IT service company in UAE since Jan 2024 when I was a resident in India. Since April 2025 I am an NRI and due to family situations I will be returning... Answered by Vivek Kumar Arora 9 months ago |
| Tax implications while setting up a small time startup in IndiaI am currently running an IT service company in UAE since Jan 2024 when I was a resident in India. Since April 2025 I am an NRI and due to family situations I will be returning... Answered by Shubham Goyal 9 months ago |
| Taxability of Corpus- Hardship compensation received in case of redevelopmentI am the owner of the flat in Mumbai (along with the property card now transferred in my name- transferred by inheritance.) Our building is now going for redevelopment and under... Answered by Shubham Goyal 10 months ago |
 | Taxability of Corpus- Hardship compensation received in case of redevelopmentI am the owner of the flat in Mumbai (along with the property card now transferred in my name- transferred by inheritance.) Our building is now going for redevelopment and under... Answered by Vidya Jain 10 months ago |
| Goodwill relatedUnderstanding of goodwill, I want to ask if partnership firm readjust share ratio. Suppose firm average Net profit 12 lakh after partner's interest on capital ( 10 lakh). So,... Answered by Shubham Goyal 10 months ago |
| Invoice for USA based companyI have two Indian friends who are currently in the USA and will be providing services there for one day. One is a photographer and the other is handling security. I want the... Answered by Shubham Goyal 10 months ago |
| Invoice for USA based companyI have two Indian friends who are currently in the USA and will be providing services there for one day. One is a photographer and the other is handling security. I want the... Answered by Vivek Kumar Arora 10 months ago |
| Invoice for USA based companyI have two Indian friends who are currently in the USA and will be providing services there for one day. One is a photographer and the other is handling security. I want the... Answered by Shubham Goyal 10 months ago |
 | Regarding Land buy and sellThis question was kept private Answered by Damini Agarwal 10 months ago |
| Invoice for USA based companyI have two Indian friends who are currently in the USA and will be providing services there for one day. One is a photographer and the other is handling security. I want the... Answered by Damini Agarwal 10 months ago |
| Tax Treatment of Consideration Received Under Irrevocable GPA Without Registered Sale DeedI’m executing an irrevocable General Power of Attorney (GPA) for a plot I purchased in 2021 in Bangalore, and I’m receiving fair market value as consideration under the GPA.... Answered by Damini Agarwal 10 months ago |
| Tax Treatment of Consideration Received Under Irrevocable GPA Without Registered Sale DeedI’m executing an irrevocable General Power of Attorney (GPA) for a plot I purchased in 2021 in Bangalore, and I’m receiving fair market value as consideration under the GPA.... Answered by Shubham Goyal 10 months ago |
| Tax Treatment of Consideration Received Under Irrevocable GPA Without Registered Sale DeedI’m executing an irrevocable General Power of Attorney (GPA) for a plot I purchased in 2021 in Bangalore, and I’m receiving fair market value as consideration under the GPA.... Answered by Vivek Kumar Arora 10 months ago |
| Tax Treatment of Consideration Received Under Irrevocable GPA Without Registered Sale DeedI’m executing an irrevocable General Power of Attorney (GPA) for a plot I purchased in 2021 in Bangalore, and I’m receiving fair market value as consideration under the GPA.... Answered by Shubham Goyal 10 months ago |
| Tax Treatment of Consideration Received Under Irrevocable GPA Without Registered Sale DeedI’m executing an irrevocable General Power of Attorney (GPA) for a plot I purchased in 2021 in Bangalore, and I’m receiving fair market value as consideration under the GPA.... Answered by Vivek Kumar Arora 10 months ago |