Latest Answers (47,945)
 | Filing returnsSir I am an NRI having interest income above 2.5 lakhs per year. I have not filed income tax returns so far. When should I file my next returns ? And what penalties I will face... Answered by Shiv Kumar Agarwal 10 years ago |
| Not under the taxable incomeThis question was kept private Answered by Shiv Kumar Agarwal 10 years ago |
 | Exemption on buying Capital bondsIn 2005 I have purchased a plot out of my own income in my daughter's name who was a student then. Recently I have sold the land.Now my daughter is a major, stays abroad, not an... Answered by Shyam Sunder Modani 10 years ago |
| Nri account transferSir, I am planning to build a house in my wife's plot. For that some amount of money (around 35 lakhs)is to be transferred from my father in law (working at saudi arabia).What... Answered by Shyam Sunder Modani 10 years ago |
| Cash in handi have filled the income in march 2016 (assessment year 2016-17 and financial year 2015-16) and had shown case in hand 7 Lacs and 78 thousand Rs.Now if i deposit that money in... Answered by Shyam Sunder Modani 10 years ago |
| Property related query - Tax implicationsThis question was kept private Answered by Shyam Sunder Modani 10 years ago |
| How much tax will I have to pay?I am a senior citizen. I have worked for 34 years and i have promptly paid IT for all these years as per my salary. Now since 3 years i am not paying any IT since the rebate of... Answered by Shyam Sunder Modani 10 years ago |
| Senior citizen Rs. 1,000 banThis question was kept private Answered by Shyam Sunder Modani 10 years ago |
| How to arrive at cash on hand figure for employees?SIR/ i am working in central govt public sector organisation getting an annual income of around Rs.1500000/ to Rs.2500000 pa including bonus and salary for past 10years I have... Answered by Shyam Sunder Modani 10 years ago |
| Buying a Car from inherited fundsSir I like to buy a car costing less than 6 lakhs in my wife's name from the inherited funds from my mother deposited into my bank account. If I pay the car dealer by way of a... Answered by Shyam Sunder Modani 10 years ago |
| TransportSir I m truck owner. I have 2 trucks and 1 pickup and it is mentioned in my return. On september 2016 I bought new truck on finance and its instalment paid of Rs.65100 through... Answered by Shyam Sunder Modani 10 years ago |
| Filing returnsSir I am an NRI having interest income above 2.5 lakhs per year. I have not filed income tax returns so far. When should I file my next returns ? And what penalties I will face... Answered by Shyam Sunder Modani 10 years ago |
| Tax for NRI returning India after 25 years outsideThis question was kept private Answered by Shyam Sunder Modani 10 years ago |
 | TransportSir I m truck owner. I have 2 trucks and 1 pickup and it is mentioned in my return. On september 2016 I bought new truck on finance and its instalment paid of Rs.65100 through... Answered by Abhishek Dugar 10 years ago |
| Filing returnsSir I am an NRI having interest income above 2.5 lakhs per year. I have not filed income tax returns so far. When should I file my next returns ? And what penalties I will face... Answered by Abhishek Dugar 10 years ago |
| Property related query - Tax implicationsThis question was kept private Answered by Anuj Agarwal 10 years ago |
| Buying a Car from inherited fundsSir I like to buy a car costing less than 6 lakhs in my wife's name from the inherited funds from my mother deposited into my bank account. If I pay the car dealer by way of a... Answered by Abhishek Dugar 10 years ago |
 | Senior citizen Rs. 1,000 banThis question was kept private Answered by Lalit Bansal 10 years ago |