Latest Answers (47,677)
 | Reversal of TDS on property purchaseI am planning to buy immovable property owned by NRI. The property is 1 crore 20 lakhs. So the TDS amount is around 24 lakhs. my questions are 1. what is the process to pay TDS... Answered by Naman Maloo 4 years ago |
| NRI property sale TDS and NIL TDS certificateHello Property details are as following: 1. Purchase Price: 4300000 2. Year of Purchase: 2011 3. Year of Sale: In FY 2021-22 4. Sale Price: 6000000 5. Indexed Cost of... Answered by Naman Maloo 4 years ago |
| Income tax Querry on TDS deducted by builder and non filing of returnsDear All I have bought a under construction flat in Oct 2019 with my wife as first holder and me being second and taken a loan on my name as I am working. Got a querry from... Answered by Naman Maloo 4 years ago |
| Query regarding section 44ADAI am earning entire income online, that is, it all comes into my account. Let's say my income is 48 lakh, so as per presumptive taxation under section 44ADA, I can pay tax on... Answered by Naman Maloo 4 years ago |
| Investment in StartupThis question was kept private Answered by Naman Maloo 4 years ago |
| Applicability of capital gain tax on sale of immovable property having multiple ownerThis question was kept private Answered by Naman Maloo 4 years ago |
| Buying residential flat from proprietorship firm current bank accountHi, I am looking forward to buying a residential apartment for my personal use in Mumbai. As I am the proprietor of my firm, can I pay the entire amount of the apartment from my... Answered by Naman Maloo 4 years ago |
| Turn over calculation for filing IT returnsDear Sir / Madam, We are a Customs Broker company. We are raising 2 invoices for the clearance of Import / Export to our clients. 1 is a Taxable invoice and the other one is a... Answered by Naman Maloo 4 years ago |
 | Withdrawing EFP as NRI and tax implicationsHi, I would like to withdraw EPF as I'm a non-resident now for more than 2 years. I left my Indian job in 2018. I need to withdraw to my Canadian bank account. When I try to... Answered by Siddharthh Jain 4 years ago |
 | Tax on a software business + Tax on gains from CryptoHi, my question is two parts, First part, I have been running a software business as a freelancer since Jan 2018, for FY 18-19 and 19-20 I was under the taxable limit of 2.5Lacs... Answered by Vivek Kumar Arora 4 years ago |
 | Stock tradingThis question was kept private Answered by Karishma Chhajer 4 years ago |
 | Turn over calculation for filing IT returnsDear Sir / Madam, We are a Customs Broker company. We are raising 2 invoices for the clearance of Import / Export to our clients. 1 is a Taxable invoice and the other one is a... Answered by Chirag Maru 4 years ago |
| Query regarding section 44ADAI am earning entire income online, that is, it all comes into my account. Let's say my income is 48 lakh, so as per presumptive taxation under section 44ADA, I can pay tax on... Answered by Chirag Maru 4 years ago |
| Investing in startup for ownership of income earning e bikes - start co. to save income taxSir/Ma'm, I am.plannong to invest about 31 lacs in an ebike startup for ownership of 30 e bikes which the company will put on rent for b2c and Bob with assures returns for a... Answered by Chirag Maru 4 years ago |
 | EPF after settling abroadHello, I started contributing to EPF with an employer in India from October 2014 to February 2016. I have since then been working abroad. My questions 1) Can I withdraw the EPF... Answered by Lakshita Bhandari 4 years ago |
| Stock tradingThis question was kept private Answered by Lakshita Bhandari 4 years ago |
| Enrol of proprietor name and Trade name for Professional taxI got my GST registered in West Bengal for E commerce business in Amazon.Basically, i am not from West Bengal. I was informed from the agency that registered my GST,according to... Answered by Lakshita Bhandari 4 years ago |
| Withdrawing EFP as NRI and tax implicationsHi, I would like to withdraw EPF as I'm a non-resident now for more than 2 years. I left my Indian job in 2018. I need to withdraw to my Canadian bank account. When I try to... Answered by Lakshita Bhandari 4 years ago |