Latest Answers (47,801)
 | What GST filings/returns to take up for early proprietorship 2 websites with TCS & TaxPay GSTINBackground : I am starting 2 websites from same address under proprietorship, and turnover would be < 20 lakhs. website 1. selling Herbal leaf Tea bags online in India and... Answered by Payal Chhajed 6 years ago |
| Collaboration agreementHi- I have ancester property which I am collaborating with builder to reconstruct residential property. The sum received in cash is this year and the property would be completed... Answered by Payal Chhajed 6 years ago |
 | RCMOne of my client received inward gta supply worth 20 lakh from unregistered gta suppliers... he didn’t pay the rcm 18 percent on gta neither he claimed bcz he had option toh... Answered by Naman Maloo 6 years ago |
| Regarding PFThis question was kept private Answered by Naman Maloo 6 years ago |
 | Do I need to file GSTThis question was kept private Answered by Hunny Badlani 6 years ago |
| Do I need to file GSTThis question was kept private Answered by Hunny Badlani 6 years ago |
| Is Medical reimbursement taxble?My father retired Govt employee from Andhra Pradesh. My father died on 12/11/2017 due to illness. After that my mother starts getting a family pension. My mother spent nearly 5... Answered by Hunny Badlani 6 years ago |
 | Loss in F&O - is audit required?I have losses in f&o. Is a tax audit required? What is the due date for filing taxes? Answered by Vivek Kumar Arora 6 years ago |
| 80DDB clarification for malignant cancerDear Team My father has been diagnosed with the above disease and as per 80 DDB (11DD) there is a provision to take the expense to a max of 50k if I am paying on his behalf. To... Answered by Vivek Kumar Arora 6 years ago |
| LTCG on LIC Wealth Plus policy maturity amountHi, I had purchased a single premium LIC Wealth Plus policy for Rs. 1 Lakh in 2010. It matured in 2018 and the maturity amount was around 1,40,000. Now i understand that this... Answered by Vivek Kumar Arora 6 years ago |
| Is Medical reimbursement taxble?My father retired Govt employee from Andhra Pradesh. My father died on 12/11/2017 due to illness. After that my mother starts getting a family pension. My mother spent nearly 5... Answered by Vivek Kumar Arora 6 years ago |
| Income tax filed to get TDS back on fixed deposit made in savings account when being in NRI statusHi Team, Background: My status is NRI from definition of RBI or Indian Income Tax Department as I am in USA since two years. I have been filing my taxes online since 10 years... Answered by Vivek Kumar Arora 6 years ago |
 | Gift from father on sale of plotThis question was kept private Answered by Meera Anand 6 years ago |
| Income tax filed to get TDS back on fixed deposit made in savings account when being in NRI statusHi Team, Background: My status is NRI from definition of RBI or Indian Income Tax Department as I am in USA since two years. I have been filing my taxes online since 10 years... Answered by Naman Maloo 6 years ago |
| Gift from father on sale of plotThis question was kept private Answered by Vivek Kumar Arora 6 years ago |
| LTCG tax for legal heirsMy siblings and mother have been declared as legal heirs by court decree for my father's instate property based in Hyderabad. We wish to now dispose the property. My siblings... Answered by Vivek Kumar Arora 6 years ago |
| Cost of acquisition - Processing fee and MOD cahrgesSir/Madam, Can we add bank processing fee and MOD charges on bank loan as cost of acquisition of property? Answered by Vivek Kumar Arora 6 years ago |
| Tax on sale of house and how can I save tax - suggest me any investment optionsThis question was kept private Answered by Vivek Kumar Arora 6 years ago |