Latest Answers (47,696)
 | Whether tax audit applicable for flat owners associationFlat owners association - whether liable for tax audit u/s 44 AB if the gross receipts from service charges received from members exceed 100 lakhs Answered by Shyam Sunder Modani 10 years ago |
| Last date for uploading form 16 on Traces for FY 2015-16My salary income for FY 2015-16 is 2.6lakh(including due of 13,400) and no TDS was deducted by the company as I had submitted life insurance, medical insurance, NPS receipts... Answered by Shyam Sunder Modani 10 years ago |
| Form 16 for FY 2015-16My salary income for FY 2015-16 is 2.6lakh and no TDS was deducted by the company. There is a due of 13,400 rupees from the company which will be setltled on Oct 31st, 2015. I... Answered by Shyam Sunder Modani 10 years ago |
| Tax liability on my incomei am working with indian company office at dubai since 2012 and return to india on dated 27-09-2014, upto jan 2015 i received salary in dubai account in dubai currency and from... Answered by Shyam Sunder Modani 10 years ago |
| Short term capital gain on property under constructionSir, Can you please help me understand what will be the tax on selling a property which is under construction (not under my possession) and it sold before completion on 3 years?... Answered by Shyam Sunder Modani 10 years ago |
| Tax advice on cash transfer to foreign nationals from my bank a/cGreetings Everyone I live in Delhi & work from home for an international company. Recently my boss started sending me additional money transfers to my bank account for paying... Answered by Shyam Sunder Modani 10 years ago |
| Sale of jewellery of marriage (tax planning)Hi Sir, My aunt did expired and now the jewellery (from marriage 1967) needs to be sold off. How tax liability can be avoided or reduced ? She used to file return within... Answered by Shyam Sunder Modani 10 years ago |
| 2nd Home Tax PlanningBackground: Have one home in my name for which no dues are pending. Bought 2nd home in joint name with my spouse with joint housing loan. We both are employed, with my tax... Answered by Shyam Sunder Modani 10 years ago |
| Tax is payable if person got a salary n pension money via courtRespected Sir, My father is ex army man. He won the Promotion case after 32 years against govt. Of India and his Regiment Jat centre bareilly. Arms force tribunal lucknow... Answered by Shyam Sunder Modani 10 years ago |
| Incorrect pan updated in bank account - repercussionsHi, I always appreciate the help provided here. I have a query regarding the income from other sources(bank FDs). I have a salary account with a private bank. I gave my PAN... Answered by Shyam Sunder Modani 10 years ago |
| Partner retried with no cash as per current market value of assetProperty purchase as on 1988, a mumbai based register partnership firm having four partners, about 27000 sq. mtr. land they purchase in mumbai suburb Rs. 3 lac, and yr. 2009 two... Answered by Shyam Sunder Modani 10 years ago |
| Sale of jewellery of marriage (tax planning)Hi Sir, My aunt did expired and now the jewellery (from marriage 1967) needs to be sold off. How tax liability can be avoided or reduced ? She used to file return within... Answered by Shyam Sunder Modani 10 years ago |
 | Incorrect pan updated in bank account - repercussionsHi, I always appreciate the help provided here. I have a query regarding the income from other sources(bank FDs). I have a salary account with a private bank. I gave my PAN... Answered by Vijay N. Kale 10 years ago |
| Tax is payable if person got a salary n pension money via courtRespected Sir, My father is ex army man. He won the Promotion case after 32 years against govt. Of India and his Regiment Jat centre bareilly. Arms force tribunal lucknow... Answered by Vijay N. Kale 10 years ago |
| 2nd Home Tax PlanningBackground: Have one home in my name for which no dues are pending. Bought 2nd home in joint name with my spouse with joint housing loan. We both are employed, with my tax... Answered by Vijay N. Kale 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 Vijay N. Kale 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 Sagar Jayawant 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 Sagar Jayawant 10 years ago |