Latest Answers (47,185)
 | 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 Vijay N. Kale 9 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 Vijay N. Kale 9 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 Vijay N. Kale 9 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 Sagar Jayawant 9 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 Vijay N. Kale 9 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 Vijay N. Kale 9 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 Vijay N. Kale 9 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 Vijay N. Kale 9 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 Vijay N. Kale 9 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 Sagar Jayawant 9 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 9 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 Vijay N. Kale 9 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 Vijay N. Kale 9 years ago |
| Costs incurred while company is being incorporatedHi, My company is in the process of being incorporated and will take another two months. However, to start off product development, we need to pay the software developer now... Answered by Vijay N. Kale 9 years ago |
| Actual value of flat sale is more than stamp/registered valueHi, I sold my flat last year in Hyderabad, and the sale/market value of the flat was more than the stamp value. For e.g. the payment I received is 30 lacs, where the stamp value... Answered by Vijay N. Kale 9 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 Sagar Jayawant 9 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 Sagar Jayawant 9 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 Ankit Jain 9 years ago |