Shubham GoyalLLP interest on retained profits/remuneration: are books enough or must the deed reflect updated capital?
1. If an LLP deed allows interest at 12% on partner capital, and a partner retains profits, remuneration and interest in the LLP which are subsequently treated as capital for...
Answered by Shubham Goyal 16 days ago
Shubham GoyalIT services profession or manpower/staffing
I am a non-IT person. I have a contract with a US based staffing firm X to provide 1 IT resource for their client Y. i hired my sister as employee in early Jan, billing is...
Answered by Shubham Goyal 17 days ago
Vivek Kumar AroraGift from husband
New ITR2 section Exempt income doesn’t have provision to report gift from relatives anymore. Where to report it?
Answered by Vivek Kumar Arora 17 days ago
Shubham GoyalIT services profession or manpower/staffing
I am a non-IT person. I have a contract with a US based staffing firm X to provide 1 IT resource for their client Y. i hired my sister as employee in early Jan, billing is...
Answered by Shubham Goyal 17 days ago
Vivek Kumar AroraIT services profession or manpower/staffing
I am a non-IT person. I have a contract with a US based staffing firm X to provide 1 IT resource for their client Y. i hired my sister as employee in early Jan, billing is...
Answered by Vivek Kumar Arora 17 days ago
Payal ChhajedGift from husband
New ITR2 section Exempt income doesn’t have provision to report gift from relatives anymore. Where to report it?
Answered by Payal Chhajed 26 days ago
Shubham GoyalForm 145, section 58
2 questions: 1. Form 145 (that replaced 15CA) - A sole prop firm is paying salary (not exceeding 5 lakh in current FY) to a NRI (OCI card holder) employee into their "NRO...
Answered by Shubham Goyal 26 days ago
Shubham GoyalGift from husband
New ITR2 section Exempt income doesn’t have provision to report gift from relatives anymore. Where to report it?
Answered by Shubham Goyal 26 days ago
Naman MalooForm 145, section 58
2 questions: 1. Form 145 (that replaced 15CA) - A sole prop firm is paying salary (not exceeding 5 lakh in current FY) to a NRI (OCI card holder) employee into their "NRO...
Answered by Naman Maloo 26 days ago
Shubham GoyalForm 145, section 58
2 questions: 1. Form 145 (that replaced 15CA) - A sole prop firm is paying salary (not exceeding 5 lakh in current FY) to a NRI (OCI card holder) employee into their "NRO...
Answered by Shubham Goyal 27 days ago
Payal ChhajedForm 145, section 58
2 questions: 1. Form 145 (that replaced 15CA) - A sole prop firm is paying salary (not exceeding 5 lakh in current FY) to a NRI (OCI card holder) employee into their "NRO...
Answered by Payal Chhajed 27 days ago
Shubham GoyalGift from husband
New ITR2 section Exempt income doesn’t have provision to report gift from relatives anymore. Where to report it?
Answered by Shubham Goyal 28 days ago
Shubham GoyalGift from husband
New ITR2 section Exempt income doesn’t have provision to report gift from relatives anymore. Where to report it?
Answered by Shubham Goyal 28 days ago
Karishma ChhajerGST advice on used-car buyback tax treatment
I had a Hyundai Creta under a 48-month novated lease/lease-to-own arrangement with a leasing company. At the end of the lease, they have offered me the option to purchase the...
Answered by Karishma Chhajer 1 month ago
Vishrut Rajesh ShahGST advice on used-car buyback tax treatment
I had a Hyundai Creta under a 48-month novated lease/lease-to-own arrangement with a leasing company. At the end of the lease, they have offered me the option to purchase the...
Answered by Vishrut Rajesh Shah 2 months ago
Shubham GoyalGST advice on used-car buyback tax treatment
I had a Hyundai Creta under a 48-month novated lease/lease-to-own arrangement with a leasing company. At the end of the lease, they have offered me the option to purchase the...
Answered by Shubham Goyal 2 months ago
Shubham GoyalCapital gains on sale of pagdi flat (tenancy rights)
My father-in-law sold his pagdi flat (sale of tenancy rights) in Mumbai in Jan this year. The pagdi was paid more than 40 years back and we don't have any records of the amount...
Answered by Shubham Goyal 2 months ago
Shubham Goyal44AD applicability
Hello, can we use 44AD ? if not, what options do we have for maximum tax benefits: Firm type : Sole Proprietorship Registered office: Mumbai, India Nature of business: Provide...
Answered by Shubham Goyal 2 months ago