Latest Answers (46,825)
 | TDS not fully claimedHi all, I filed my income tax return online with TDS refund status. I got the TDS refunded a month ago credited to my nominated bank account. Yesterday I discovered that I... Answered by Rohit R Sharma 8 years ago |
| Confused about income taxDear sir. My father is pay our income tax from 2010.but our C.A. didn't given us any recipt from 2010 till 2015. Sir please help me how to check that he is paying our tax or... Answered by Rohit R Sharma 8 years ago |
 | Foreign exchange inflow/outflow in director's reportAn Indian private company receives payment for online services from foreign customers by paypal / swift transfer. The swift transfer in USD is handled by Indian bank that is... Answered by Deepak Rathore 8 years ago |
| Pay taxIs it mandatory to pay tax before filing return? Answered by Rohit R Sharma 8 years ago |
| IT returnsI write this mail to ask you only 2-3 questions related to filing of IT Returns, please answer them for me as people are giving me conflicting view points. I was an individual... Answered by Rohit R Sharma 8 years ago |
| DepreciationHi, My wife is in IT tax bracket of 30% .She is getting rent from office bldg. & interest income. She is also taking joint home loan benefit of interest & principal for... Answered by Rohit R Sharma 8 years ago |
| Foreign exchange inflow/outflow in director's reportAn Indian private company receives payment for online services from foreign customers by paypal / swift transfer. The swift transfer in USD is handled by Indian bank that is... Answered by Deepak Rathore 8 years ago |
 | Invoicing details for a Proprietorship firmDear Sir, I am into bollywood film trading business wherein i buy the sub- licensing rights from film producers & assign rights to digital companies. my company is a... Answered by Shyam Sunder Modani 8 years ago |
| Pay taxIs it mandatory to pay tax before filing return? Answered by Shyam Sunder Modani 8 years ago |
| Foreign exchange inflow/outflow in director's reportAn Indian private company receives payment for online services from foreign customers by paypal / swift transfer. The swift transfer in USD is handled by Indian bank that is... Answered by Shyam Sunder Modani 8 years ago |
| NRE and NRO - follow up questionSo can I open NRO and NRE at the same time? How long should these be open before I transfer from NRO to NRE and then to US account. What is the minimum needed to open NRE? Thank... Answered by Shyam Sunder Modani 8 years ago |
| NRE or NROHi I am a US citizen who lives abroad,have no close family ties in India now. I have a domestic savings account from my earnings in India before I moved to US,which I am told I... Answered by Shyam Sunder Modani 8 years ago |
| Process to evade taxSir I have sold a house which was in the name of my wife for Rs 800000 and I wish to utilize the amount in constructing a house on a plot which is in my name. Kindly assist me... Answered by Shyam Sunder Modani 8 years ago |
| What is to be filled in Schedule FSI for residents in Kuwait?Since January this year, I've been working for a company in Kuwait (And I'll be continuing to work here). Till september, I was working for an Indian private company. I have the... Answered by Shyam Sunder Modani 8 years ago |
| Savings for salaried employeesSir, I'm a 32 yr old doctor. I just completed my studies and joined a pvt hospital with a Salary of two lakh fifty thousand per month (30 lakh per annum). TDS deducted is 25,000... Answered by Shyam Sunder Modani 8 years ago |
| ExemptionMy wife got a residential property settled in her name from me on 21.9.2012. She proposes to sell it and buy a residential flat in her name on 25.9.15. As on date she is also a... Answered by Shyam Sunder Modani 8 years ago |
| TDS not fully claimedHi all, I filed my income tax return online with TDS refund status. I got the TDS refunded a month ago credited to my nominated bank account. Yesterday I discovered that I... Answered by Shyam Sunder Modani 8 years ago |
| Confused about income taxDear sir. My father is pay our income tax from 2010.but our C.A. didn't given us any recipt from 2010 till 2015. Sir please help me how to check that he is paying our tax or... Answered by Shyam Sunder Modani 8 years ago |