Latest Answers (47,783)
 | What profit earned from Commodity Future Trading be taxed under presumptive taxatation - @6% of turnover or the actual profit?I am an individual engaged in the FNO trading and share trading apart from home tutions. All the past years I have been filing returns under the presumptive taxation, showing... Answered by Shubham Goyal 25 days ago |
 | Income tax for American citizen with OCI and residence in IndiaHello, I am an American citizen and plan to marry an Indian citizen. I would be predominately living in India but earning income in the US through work from home, so I would... Answered by Vivek Kumar Arora 1 month ago |
 | Income tax for American citizen with OCI and residence in IndiaHello, I am an American citizen and plan to marry an Indian citizen. I would be predominately living in India but earning income in the US through work from home, so I would... Answered by Naman Maloo 1 month ago |
| Income tax for American citizen with OCI and residence in IndiaHello, I am an American citizen and plan to marry an Indian citizen. I would be predominately living in India but earning income in the US through work from home, so I would... Answered by Shubham Goyal 1 month ago |
 | Property purchased in Pagdi, later went for redevelopment, got ownership, and selling after 25 yearsWe need help in calculation of Long Term Capital Gain (LTCG) amount for a property. Property was bought in Mumbai under Pagdi system in 1990s, so we were tenants as per that.... Answered by Vishrut Rajesh Shah 1 month ago |
| GSTR-3b ITC reversal: "payment of tax" screen shows amounts under IGST column for CGST/SGST reversalsThis question was kept private Answered by Vishrut Rajesh Shah 1 month ago |
| Clarification on GST Rate for Banquets & Conference Halls in HotelsThis question was kept private Answered by Vishrut Rajesh Shah 1 month ago |
| Clarification on GST Rate for Banquets & Conference Halls in HotelsThis question was kept private Answered by Shubham Goyal 1 month ago |
| GSTR-3b ITC reversal: "payment of tax" screen shows amounts under IGST column for CGST/SGST reversalsThis question was kept private Answered by Shubham Goyal 1 month ago |
| GSTR-3b ITC reversal: "payment of tax" screen shows amounts under IGST column for CGST/SGST reversalsThis question was kept private Answered by Shubham Goyal 1 month ago |
| Property purchased in Pagdi, later went for redevelopment, got ownership, and selling after 25 yearsWe need help in calculation of Long Term Capital Gain (LTCG) amount for a property. Property was bought in Mumbai under Pagdi system in 1990s, so we were tenants as per that.... Answered by Shubham Goyal 2 months ago |
| Renting property to wife to sub let as fully furnishedHi, I own two apartments in Greater Noida. My wife is not working as of now. Can I rent the flat to my wife, and she can make it fully furnished to sublet it further? She will... Answered by Vivek Kumar Arora 2 months ago |
| Renting property to wife to sub let as fully furnishedHi, I own two apartments in Greater Noida. My wife is not working as of now. Can I rent the flat to my wife, and she can make it fully furnished to sublet it further? She will... Answered by Shubham Goyal 2 months ago |
| India-Singapore DTAA clarificationHii, I came to Singapore on 25 December 2024, joined for work in Singapore in January 2025, and received salary in February and March 2025. Now since I stayed more than 183 days... Answered by Vivek Kumar Arora 2 months ago |
| India-Singapore DTAA clarificationHii, I came to Singapore on 25 December 2024, joined for work in Singapore in January 2025, and received salary in February and March 2025. Now since I stayed more than 183 days... Answered by Shubham Goyal 2 months ago |
| Overseas investments and tax savingsDear Experts, I have queries on multiple topics, 1) Can RSU sale proceeds be used for buying foreign shares within 180 days without repatriating the funds back home?The RBI... Answered by Vivek Kumar Arora 2 months ago |
| Overseas investments and tax savingsDear Experts, I have queries on multiple topics, 1) Can RSU sale proceeds be used for buying foreign shares within 180 days without repatriating the funds back home?The RBI... Answered by Shubham Goyal 2 months ago |
| GST applicability on commercial property rental by NRI partnershipWe (two partners, both NRIs with equal 50% partnership) have a commercial property in Karnataka. The property is intended to be leased for use as a hotel by the tenant. The... Answered by Vivek Kumar Arora 2 months ago |