Latest Answers (47,501)
 | Tax related to NRI incomeWith reference to IT rules for FY 20- 21( New rules) I have 200 days outside India on a foreign flag ship ,joined and signed off in a foreign country Aa) What is my residential... Answered by Siddharthh Jain 4 years ago |
| Jewelry inheritanceHi, My mom passed away in 2019 and I inherited 6cr worth of diamond jewelry which she had inherited from her Mom(my grandma) who passed away in 1989 . My grandfather had... Answered by Siddharthh Jain 4 years ago |
 | LTCG tax exemption by purchasing of plot and construction on itHi, I sold a residential property on 08/06/2019. long term Capital gain calculated 35 lacs was deposited in capital gain account. Can i use 25 lacs in purchasing a residential... Answered by Payal Chhajed 4 years ago |
 | Tax free foreign incomeI am planning to start a trading business in the UAE. I will be the 100% shareholder and will be staying in India making me an Indian Resident. However the turnover of my... Answered by Karishma Chhajer 4 years ago |
| LTCG tax exemption by purchasing of plot and construction on itHi, I sold a residential property on 08/06/2019. long term Capital gain calculated 35 lacs was deposited in capital gain account. Can i use 25 lacs in purchasing a residential... Answered by Karishma Chhajer 4 years ago |
 | Show cause notice under 271(c)This question was kept private Answered by Vivek Kumar Arora 4 years ago |
| International arbitrage of cryptocurrencyThis question was kept private Answered by Vivek Kumar Arora 4 years ago |
| Company amount return to promotorsI have small company and have profit and intial capital includes around 5cr As per my CA if I close the company and transfer this money to director or promotrs personal account... Answered by Vivek Kumar Arora 4 years ago |
| LTCG tax exemption by purchasing of plot and construction on itHi, I sold a residential property on 08/06/2019. long term Capital gain calculated 35 lacs was deposited in capital gain account. Can i use 25 lacs in purchasing a residential... Answered by Vivek Kumar Arora 4 years ago |
 | Show cause notice under 271(c)This question was kept private Answered by Lakshita Bhandari 4 years ago |
| Company amount return to promotorsI have small company and have profit and intial capital includes around 5cr As per my CA if I close the company and transfer this money to director or promotrs personal account... Answered by Lakshita Bhandari 4 years ago |
| LTCG tax exemption by purchasing of plot and construction on itHi, I sold a residential property on 08/06/2019. long term Capital gain calculated 35 lacs was deposited in capital gain account. Can i use 25 lacs in purchasing a residential... Answered by Lakshita Bhandari 4 years ago |
| Calculation for top bracket and payment of taxHi team, Have gone through multiple articles on this. Need some clarity on what should be exact percentage when someone is in top bracket to pay income tac.Also, how should a... Answered by Lakshita Bhandari 4 years ago |
| Tax free foreign incomeI am planning to start a trading business in the UAE. I will be the 100% shareholder and will be staying in India making me an Indian Resident. However the turnover of my... Answered by Lakshita Bhandari 4 years ago |
| Tax free foreign incomeI am planning to start a trading business in the UAE. I will be the 100% shareholder and will be staying in India making me an Indian Resident. However the turnover of my... Answered by Lakshita Bhandari 4 years ago |
| Calculation for top bracket and payment of taxHi team, Have gone through multiple articles on this. Need some clarity on what should be exact percentage when someone is in top bracket to pay income tac.Also, how should a... Answered by Vivek Kumar Arora 4 years ago |
 | Calculation for top bracket and payment of taxHi team, Have gone through multiple articles on this. Need some clarity on what should be exact percentage when someone is in top bracket to pay income tac.Also, how should a... Answered by Vikram Aggarwal 4 years ago |
 | How to reduce the compliance burdenI am small pvt ltd firm .I have a sub broker ship of my company name and I am also doing trading in company account .I don't have any employee .All the activates are managed by... Answered by Pradeep Bhat 4 years ago |