Latest Answers (47,503)
 | ITR for assessment year 2013-14Hello Sir, The income tax return for assessment year 2013-14 was pending from my end. I have already paid the due amount for which I have received the challan. 1) I am not able... Answered by Shyam Sunder Modani 10 years ago |
| ITR for assessment year 2013-14Hello Sir, The income tax return for assessment year 2013-14 was pending from my end. I have already paid the due amount for which I have received the challan. 1) I am not able... Answered by Shyam Sunder Modani 10 years ago |
| ITR for assessment year 2013-14Hello Sir, The income tax return for assessment year 2013-14 was pending from my end. I have already paid the due amount for which I have received the challan. 1) I am not able... Answered by Shyam Sunder Modani 10 years ago |
| NRE FD - continuity and tax senario on change of statusDear Sir I have booked NRE FD for 8 yrs and my status will change to Resident after two years . Will this NRE FD will continue for the remains period of 6 years on contracted... Answered by Shyam Sunder Modani 10 years ago |
| NRI to Resident -tax implicationsDear Sir, My status is NRI . I left India in Feb 2007 and will be finally returning to India in Oct 2015 . During all these years my stay in India in each FY was approx 80 days... Answered by Shyam Sunder Modani 10 years ago |
| Resident status - RNORDear Sir, My status is NRI . I left India in Feb 2007 and will be finally returning to India in Oct 2015 . During all these years my stay in India in each FY was approx 80 days... Answered by Shyam Sunder Modani 10 years ago |
| Change of status NRI to Resident - taxDear Sir, My status is NRI . I left India in Feb 2007 and will be finally returning to India in Oct 2015 . During all these years my stay in India in each FY was approx 80 days... Answered by Shyam Sunder Modani 10 years ago |
| Gift tax scenarioDear Vijay N.Kale Just to follow my query , my daughter is major , studying and not earning at present . So if I transfer funds to her account as gift then the interest income... Answered by Shyam Sunder Modani 10 years ago |
| Change of status NRI to Resident - taxDear Sir, My status is NRI . I left India in Feb 2007 and will be finally returning to India in Oct 2015 . During all these years my stay in India in each FY was approx 80 days... Answered by Shyam Sunder Modani 10 years ago |
| Gift - tax scenarioDear Sir If I transfer from my Savings Account Rs. 10 lacs to my wife's bank account as gift whose income is less than mine and she is tax payer and similar amount as gift to my... Answered by Shyam Sunder Modani 10 years ago |
| Query on Form 15G and Form 26ASHi Team, I have a query where I am willing to seek advice. I have a account where I opened a fd and given form 15g , now after two months I required some money and have to close... Answered by Shyam Sunder Modani 10 years ago |
| Regarding ITRHello Sir, due to some reasons I forgot to fill my ITR. So, in order to get saved from penalty's please advise how to fill it soon. I'll positively fill it today itself. Answered by Shyam Sunder Modani 10 years ago |
| HRAIf I have not declared HRA, and want to claim while filing returns, under which field in ITR-1 I should be providing details Answered by Shyam Sunder Modani 10 years ago |
| Long term capital loss in sharesI have a share portfolio of about 10 lakhs. Shares were purchased in 2010. Unrealized loss is 4 lakhs. I would like to understand what I can do to offset my losses : 1) Can I do... Answered by Shyam Sunder Modani 10 years ago |
| Capital Gains Tax on RSUs on stocks listed in USHi. I was previously employed at EA Games India, Hyderabad where I received 50 RSUs of Electronic Arts Inc. NASDAQ: EA. I have an account in www.etrade.com where I manage the... Answered by Shyam Sunder Modani 10 years ago |
| Date of purchase of property for CG - Agreement / Possession / Sale Deed?Dear sirs, For the calculation of capital gains on property, what date is taken as date of acquisition? There are 3 dates which I have. Sale Agreement that the builder has... Answered by Shyam Sunder Modani 10 years ago |
| Source-sale of immovable property u/s 194IA (for buyer of property)Hi, I bought a flat and deducted from builder and paid TDS. The entry on my 26AS is under PART F – Details of Tax Deducted at Source on Sale of Immovable Property u/s 194IA(For... Answered by Shyam Sunder Modani 10 years ago |
| Efilingsir, My total income is Rs 7,52,289 Rs 1,32,929 + 6,289 (Housing loan interest for FY + LIC premium) + Std amount Rs 2,50,000 must be deducted from the above total income , So... Answered by Shyam Sunder Modani 10 years ago |