Latest Answers (47,484)
 | Tax on Amount deposited in my accountMy cousin brother will transfer amount of Rs. 20 lakh from his account to my account. I want to know that do i have to pay tax on that amount.? Answered by Shyam Sunder Modani 8 years ago |
| Housing loansir we got new flat two years back. emi costing 50,000/- per month on our joint name my self and my wife. she is working in BMC i am in railways. installment is debited from my... Answered by Shyam Sunder Modani 8 years ago |
 | Income tax rebateThis question was kept private Answered by B Vijaya Kumar 8 years ago |
| Query on taxation of ESOPsI am an NRI working in an Indian Registered Company in UAE. Since it is an Indian incorporated company i am eligible for the Employee stock option every year. I am availing the... Answered by B Vijaya Kumar 8 years ago |
| Opening Bank account abroadHi I am a resident Indian. I am a consultant and earn income from various countries. Am I allowed to open a company abroad to offer my services ? (not a wholly owned subsidiary)... Answered by B Vijaya Kumar 8 years ago |
| Income tax rebateThis question was kept private Answered by Shyam Sunder Modani 8 years ago |
| Donation to a MLA candidate in his personal bank accountI donated 1 lakh rupees to a MLA candidate by cheque. I gave the cheque on the name of candidate instead of on the name of political party, which was probably credited in his... Answered by Shyam Sunder Modani 8 years ago |
 | Opening Bank account abroadHi I am a resident Indian. I am a consultant and earn income from various countries. Am I allowed to open a company abroad to offer my services ? (not a wholly owned subsidiary)... Answered by Vidya Jain 8 years ago |
| Income tax for NRE accountHi, i was working in gulf for 1.5 yrs approx on a permanent basis.I opened an NRE account in India.However, I came back to India from gulf on 8th Sept 2016; which is 22 days... Answered by Shyam Sunder Modani 8 years ago |
| Declared 8% ITR in my business.Can I remit now to USAThis question was kept private Answered by Shyam Sunder Modani 8 years ago |
| Cash deposite in my account by a friendTo help me out of debt trap my friend deposited rs 15lakhs in my account.My friend lives in Rajkot and deposited the amount all in cash in my account in Rajkot.My queries are... Answered by Shyam Sunder Modani 8 years ago |
| I am an Indian citizen, earning Indian salary but travel to UKThis question was kept private Answered by Shyam Sunder Modani 8 years ago |
| Outstanding tax demandI see an outstanding tax demand for the AY 2004-2005 in my account. As far as I remember I have paid all the taxes. I was unable to download the 26AS to check my tax credit.... Answered by Shyam Sunder Modani 8 years ago |
| I am an Indian citizen, earning Indian salary but travel to UKThis question was kept private Answered by Vidya Jain 8 years ago |
| Income from other sourceThis question was kept private Answered by Vidya Jain 8 years ago |
| Is it mandatory to file return even if incurred losses?I do trading intraday in equity and options. I had loss of Rs. 70000 in FY(2014-15). In FY(2015-16) I had loss of Rs. 50000. In FY(2016-17) I had the loss of Rs. 60000. Trading... Answered by B Vijaya Kumar 8 years ago |
| Outstanding tax demandI see an outstanding tax demand for the AY 2004-2005 in my account. As far as I remember I have paid all the taxes. I was unable to download the 26AS to check my tax credit.... Answered by B Vijaya Kumar 8 years ago |
| Income from other sourceThis question was kept private Answered by B Vijaya Kumar 8 years ago |