Latest Answers (47,477)
 | GST or VATwe have a restuarant in sindudurg dist maharashtra which belongs to our father.our father has expired few months ago.as per his will we 5 legal heirs have equal share.but one... Answered by Rohit R Sharma 8 years ago |
| Double taxationI was in Canada from Nov-2015 to March-2017. I have paid tax in canada as per canadain rule . My income in india during these time were - House rent - Bonus from my company Also... Answered by Rohit R Sharma 8 years ago |
| When service tax applicable on IT?Hi, I have IT business, selling customized package of software/electronic products. yet i didn't register for service tax or VAT number. I want to know when i am liable of... Answered by Rohit R Sharma 8 years ago |
| Paying rent to wife (HRA)?Can I pay rent to my wife and claim HRA? The house is owned by my wife. She has taken a home-loan where I am the guarantor (but not the co-owner). She is OK with showing the... Answered by Rohit R Sharma 8 years ago |
| Can I avail income tax benefit on Home Loan from Parents u/s 24This question was kept private Answered by Rohit R Sharma 8 years ago |
| Does plot cost and construction cost sum up for acquisition costBought a plot in 1985 for Rs 40,000. In 1995 we constructed a two floor house for Rs 14,00,000. In march 2016, we sold the entire plot with house for 68 lakhs. Now for... Answered by Rohit R Sharma 8 years ago |
 | Claiming service tax on subsidized services allowed?Hi!! We are a service oriented company in Hyderabad and recently in our annual audit we were disallowed credit for the below service tax we claimed: 1. Restaurant Bills (staff... Answered by Vidya Jain 8 years ago |
 | Claiming service tax on subsidized services allowed?Hi!! We are a service oriented company in Hyderabad and recently in our annual audit we were disallowed credit for the below service tax we claimed: 1. Restaurant Bills (staff... Answered by Pradeep Bhat 8 years ago |
| Cash deposit of about 5.5 lakhs in my savings accountHi Team, I have a citibank suvidha account with a balance of approx 2.5 to 3.0 lakhs INR. I am in the process of applying for Canada PR for which I would need to show balance of... Answered by Pradeep Bhat 8 years ago |
 | Cash deposit of about 5.5 lakhs in my savings accountHi Team, I have a citibank suvidha account with a balance of approx 2.5 to 3.0 lakhs INR. I am in the process of applying for Canada PR for which I would need to show balance of... Answered by B S Sridhar 8 years ago |
| Cash deposit of about 5.5 lakhs in my savings accountHi Team, I have a citibank suvidha account with a balance of approx 2.5 to 3.0 lakhs INR. I am in the process of applying for Canada PR for which I would need to show balance of... Answered by Vidya Jain 8 years ago |
 | Computation of long term capital gainsDear team, Have a question pertaining to long term capital gains. I had asked this question in the past. Asking with few more followup questions: Purchase details:... Answered by B Vijaya Kumar 8 years ago |
| GST or VATwe have a restuarant in sindudurg dist maharashtra which belongs to our father.our father has expired few months ago.as per his will we 5 legal heirs have equal share.but one... Answered by B Vijaya Kumar 8 years ago |
| Does plot cost and construction cost sum up for acquisition costBought a plot in 1985 for Rs 40,000. In 1995 we constructed a two floor house for Rs 14,00,000. In march 2016, we sold the entire plot with house for 68 lakhs. Now for... Answered by B Vijaya Kumar 8 years ago |
| Income tax returnThis question was kept private Answered by B Vijaya Kumar 8 years ago |
| Resale property: TDS determinationThis question was kept private Answered by B Vijaya Kumar 8 years ago |
| My wife received marriage gift from her fatherMy Wife received marriage gift from her father in the form of money and that is via cheque payment to her account and in this case does she need to file income tax returns? we... Answered by B Vijaya Kumar 8 years ago |
| Am I entitled for LTCG tax exemption if the building is delayedSold property in June 2015, and paid for an apartment in a bldg where construction was ongoing. 95% of the cost already paid for, but construction is not complete yet. Expected... Answered by B Vijaya Kumar 8 years ago |