Latest Answers (47,439)
 | Short deduction of TDS-salaryWhether any short deduction of income tax from employees,subsequently a report is generated and send to Employer. Whether the employer can deduct the short deducted of tds... Answered by Vijay N. Kale 9 years ago |
| Opening LLC in USA as Indian residentHi I am Indian Resident and i want to open LLC in USA, also bank account in USA for my LLC. I want to know am i allowed to do that ? There is no tax in USA for Non US resident... Answered by Vijay N. Kale 9 years ago |
| Opening LLC in USA as Indian residentHi I am Indian Resident and i want to open LLC in USA, also bank account in USA for my LLC. I want to know am i allowed to do that ? There is no tax in USA for Non US resident... Answered by Vijay N. Kale 9 years ago |
 | Taxes for a US based ecommerce service companyHello, I have a US based service company that will extend its services to India. What are the tax implications for doing business with Indian clients. I will be paying the... Answered by Shyam Sunder Modani 9 years ago |
| Opening LLC in USA as Indian residentHi I am Indian Resident and i want to open LLC in USA, also bank account in USA for my LLC. I want to know am i allowed to do that ? There is no tax in USA for Non US resident... Answered by Shyam Sunder Modani 9 years ago |
| Short deduction of TDS-salaryWhether any short deduction of income tax from employees,subsequently a report is generated and send to Employer. Whether the employer can deduct the short deducted of tds... Answered by Shyam Sunder Modani 9 years ago |
| How can a salaried person claim loss on bad debtsIf I have lent some money to a person and he is now unable to repay, how can I claim it as a loss in income tax returns, so that I avail some tax relief. To give you an example,... Answered by Shyam Sunder Modani 9 years ago |
| NRI tax filing in IndiaHello I am a NRI residing abroad since 5 years with my wife.I have no income in india and also my wife does not have income here.We did not file taxes in india but I understood... Answered by Shyam Sunder Modani 9 years ago |
| TaxI left the company on 12th Mar, I was told full and final settlement will be paid after 45 days. I have so far not received it(it will be cleared on Oct 31 only). But, I have... Answered by Shyam Sunder Modani 9 years ago |
| Transfer money to wife's accountHello I am a NRI residing in Netherlands with my wife.I transfer my savings to a NRE account in India.I wanted to know that If I transfer big sums of money to my wife local... Answered by Shyam Sunder Modani 9 years ago |
| DTAAI spent a couple of months working in the USA in 2014-15 and received US salary I paid Federal and State income tax while I was there Can I claim tax credit through DTAA for... Answered by Shyam Sunder Modani 9 years ago |
| Opening LLC in USA as Indian residentHi I am Indian Resident and i want to open LLC in USA, also bank account in USA for my LLC. I want to know am i allowed to do that ? There is no tax in USA for Non US resident... Answered by Shyam Sunder Modani 9 years ago |
| Opening LLC in USA as Indian residentHi I am Indian Resident and i want to open LLC in USA, also bank account in USA for my LLC. I want to know am i allowed to do that ? There is no tax in USA for Non US resident... Answered by Shyam Sunder Modani 9 years ago |
 | TaxI left the company on 12th Mar, I was told full and final settlement will be paid after 45 days. I have so far not received it(it will be cleared on Oct 31 only). But, I have... Answered by B Vijaya Kumar 9 years ago |
| Non filing of income return - RegI got a notice dated 16/08/2015 with subject "Non filing of Income return - Reg" for A.Y. 2013-14 for non filing of return. In FY 2012-13 I sold a property for 16,00,000/- but... Answered by B Vijaya Kumar 9 years ago |
| How to avoid capital gains taxHi Sir/Madam Me and my brother sold a property in April last year(2014). Now I have heard that one must declare in the IT return this year. I have been looking to buy a property... Answered by B Vijaya Kumar 9 years ago |
| ITR 4 without books of account caseMr. X had professional income of 7L in FY14-15 but has not maintained books of accounts for that year. In last FY 12-13 & 13-14 he filed ITR 4s for his another business income... Answered by B Vijaya Kumar 9 years ago |
| Wrong category chosen in self-assessment taxHi, I have paid self assesment tax in wrong category for last year 2013-14.I should have filled Chalan no 280 but chosen 282 instead. Now IT has raised a demand and when i filed... Answered by B Vijaya Kumar 9 years ago |