Latest Answers (47,694)
 | Tax on ULIP proceedsI paid 72000 every year starting 24 Feb 2014 till 24 Feb 2019 for 5 years. This is ulip from icici prudential. I surendered policy on 24 Sep 2020 for 4L. Sum assured for this... Answered by Naman Maloo 5 years ago |
| Forgot to deduct tds on rentHi, I paid rent of more than Rs 50000 for a self-occupied flat from March 2018 to September 2020. I did not deduct TDS on the rent. I did not file form 26QC anytime during this... Answered by Naman Maloo 5 years ago |
| Calculation of LTCG and valuation of the sold propertyMy mother purchased a residential house at Allahabad,Uttar Pradesh on 10th May 1995 for Rs. 21,276 (the amount mentioned as price in the registry docs and property was... Answered by Naman Maloo 5 years ago |
 | Crypto arbitrage using debit cardHi sir, i am purchasing bitcoin in foreign exchange through debit card and selling them in indian exchange and repeating the cycle . is there any legal complications in doing... Answered by Karishma Chhajer 5 years ago |
| How do I file form 10-IB to avail new tax regime for AY 20-21HI, I am filing a ITR4 return before due date (which I believe is 31 Dec 2020). I am a individual resident in India and my only income is from profession under Section 44ADA I... Answered by Naman Maloo 5 years ago |
 | Crypto arbitrage using debit cardHi sir, i am purchasing bitcoin in foreign exchange through debit card and selling them in indian exchange and repeating the cycle . is there any legal complications in doing... Answered by Payal Chhajed 5 years ago |
 | Question about mini-plantation land categorization for capital gains tax on saleGreetings I understand that agricultural land is exempt from Capital gains taxes on sale of such property. I am an OCI with some immovable property (Mini-Plantation land as per... Answered by Vivek Kumar Arora 5 years ago |
| How do I file form 10-IB to avail new tax regime for AY 20-21HI, I am filing a ITR4 return before due date (which I believe is 31 Dec 2020). I am a individual resident in India and my only income is from profession under Section 44ADA I... Answered by Karishma Chhajer 5 years ago |
| Forgot to deduct tds on rentHi, I paid rent of more than Rs 50000 for a self-occupied flat from March 2018 to September 2020. I did not deduct TDS on the rent. I did not file form 26QC anytime during this... Answered by Karishma Chhajer 5 years ago |
| Question about mini-plantation land categorization for capital gains tax on saleGreetings I understand that agricultural land is exempt from Capital gains taxes on sale of such property. I am an OCI with some immovable property (Mini-Plantation land as per... Answered by Karishma Chhajer 5 years ago |
 | Forgot to deduct tds on rentHi, I paid rent of more than Rs 50000 for a self-occupied flat from March 2018 to September 2020. I did not deduct TDS on the rent. I did not file form 26QC anytime during this... Answered by Brijendra Tripathi 5 years ago |
| Tax exemption calculation on gratuityI have employement history of 10 years. In 2019 i had changed company and got gratuty for the service of 4 years and 8 months. That company was not covered under payment of... Answered by Brijendra Tripathi 5 years ago |
| Taxation on foreign incomeI am an IT professional from an Indian MNC company who was deputed to UK on Nov 16 , 2019 for an Onshore assignment and i was classified as an ROR ( Resident Ordinarily... Answered by Brijendra Tripathi 5 years ago |
| Tax liability for returning NRIHi, I left India for employment in Singapore on 26th April, 2019. In 2019-20, I was in India only for 52 days and so qualified as an NRI for that year. Now this year, on 8th... Answered by Brijendra Tripathi 5 years ago |
| NRI tax liabilityThis question was kept private Answered by Brijendra Tripathi 5 years ago |
| I received a gift from my sister. Shall I declare it?HI, I received a gioft from my sister via bank transfer. Shall I declare it? What are the pros/cons? If so, under what section? What details do I need to provide? Do I need her... Answered by Brijendra Tripathi 5 years ago |
| Due date of GSTR-9 and GSTR-9CHi, Can you please tell me what is the last date of filing gstr -9 and 9c . In my portal ( auditable ) I can only see GSTR-9 ...But gstr-9C still not available... Will it be... Answered by Brijendra Tripathi 5 years ago |
| GSTR 3BDear Sir/Madam, Kindly address our below mentioned query regarding GSTR 2B while filing GSTR 3B for the month of November 2020 : -How can we claim ITC in the current month... Answered by Brijendra Tripathi 5 years ago |