Latest Answers (47,682)
 | LRS scheme1. My father wants to gift me 70 lakhs rupees. How can he do it? My Questions 1. Under the LRS scheme: He can repatriate up 175 Lakhs. But after 7 lakhs banks need to deduct 5%... Answered by Vivek Kumar Arora 4 years ago |
 | Presumptive Taxation & Export of digital goodsI have been filing returns as sole proprietorship under 44ADA since 4-5yrs offering "Export of digital services" (Freelancing) to clients outside India Now I have a new business... Answered by Payal Chhajed 4 years ago |
| Drop-ship from India subsidiary to customers in USA and EuropeThis question was kept private Answered by Vivek Kumar Arora 4 years ago |
 | Drop-ship from India subsidiary to customers in USA and EuropeThis question was kept private Answered by Lakshita Bhandari 4 years ago |
| Presumptive Taxation & Export of digital goodsI have been filing returns as sole proprietorship under 44ADA since 4-5yrs offering "Export of digital services" (Freelancing) to clients outside India Now I have a new business... Answered by Lakshita Bhandari 4 years ago |
| Purchase of property above 50 lakhs jointlyI'm proposing tobuy a flat a resale property of Rs 1 crore jointly with my wife 2) I am availing loan around Rs 75 lakhs and balance Rs 25 lacs my contribution initial token Rs... Answered by Vivek Kumar Arora 4 years ago |
| Presumptive Taxation & Export of digital goodsI have been filing returns as sole proprietorship under 44ADA since 4-5yrs offering "Export of digital services" (Freelancing) to clients outside India Now I have a new business... Answered by Vivek Kumar Arora 4 years ago |
| Taxable income on Salary earned and received in Singapore with Central Provident Fund ContributionThis question was kept private Answered by Vivek Kumar Arora 4 years ago |
| Capital gains taxAs per CBDT circulars Assessee has option to show Profits from shares as business income or Capital Gain. However, for frequent trading it has to be shown as business income.... Answered by Vivek Kumar Arora 4 years ago |
| Remittance to support OCI EducationHello, I am a resident Indian and I will be supporting the education of my cousin sister. She is currently studying in university in Canada. Her status is OCI. As a resident... Answered by Lakshita Bhandari 4 years ago |
| Capital gain tax on joint development agreementMy family had inter in joint development agreement with one builder (developer) in 2008, with respect to our joint ancestral property . But developer does not completed the... Answered by Vivek Kumar Arora 4 years ago |
| Capital gain tax on joint development agreementMy family had inter in joint development agreement with one builder (developer) in 2008, with respect to our joint ancestral property . But developer does not completed the... Answered by Payal Chhajed 4 years ago |
| Remittance to support OCI EducationHello, I am a resident Indian and I will be supporting the education of my cousin sister. She is currently studying in university in Canada. Her status is OCI. As a resident... Answered by Payal Chhajed 4 years ago |
| Remittance to support OCI EducationHello, I am a resident Indian and I will be supporting the education of my cousin sister. She is currently studying in university in Canada. Her status is OCI. As a resident... Answered by Vivek Kumar Arora 4 years ago |
| Capital gain tax on joint development agreementMy family had inter in joint development agreement with one builder (developer) in 2008, with respect to our joint ancestral property . But developer does not completed the... Answered by Vivek Kumar Arora 4 years ago |
| Capital gains taxAs per CBDT circulars Assessee has option to show Profits from shares as business income or Capital Gain. However, for frequent trading it has to be shown as business income.... Answered by Vivek Kumar Arora 4 years ago |
| Purchase of property above 50 lakhs jointlyI'm proposing tobuy a flat a resale property of Rs 1 crore jointly with my wife 2) I am availing loan around Rs 75 lakhs and balance Rs 25 lacs my contribution initial token Rs... Answered by Payal Chhajed 4 years ago |
| If I opt for 115BA, can we set off against LTCG losses from Sale of Equity SharesIf I as an individual opt for 115BA (and use its reduced slab rates), can I still carry forward LTCG loss in Equity and in case of ltcg gain, can I set off against LTCG losses... Answered by Lakshita Bhandari 4 years ago |