Latest Answers (47,185)
 | Do online retailer need to show vat number in the invoice?Hi, I am about to launch an ecommerce site. I am based in Bangalore. The questions i have are; 1. Do I need to show my merchant VAT number in the invoices I mail to our... Answered by Shiv Kumar Agarwal 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 Vijay N. Kale 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 Vijay N. Kale 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 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 Vijay N. Kale 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 Vijay N. Kale 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 Prakash Sinha 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 Sagar Jayawant 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 Shyam Sunder Modani 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 Shyam Sunder Modani 9 years ago |
| PF under Section 80CI had joined a job in previous financial year and left due to health concern. I had issued form 16 with TDS by employer with 80c exemption provision of PR Rs 52000/=.While I had... Answered by Shyam Sunder Modani 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 Shyam Sunder Modani 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 Shyam Sunder Modani 9 years ago |
| persumptive taxation ITR5In which colum to fill persumptive taxation for partnership firm. How to fill partner remuneration and interest. AY 2015-16 Answered by Shyam Sunder Modani 9 years ago |
| Share Trade income has to be shown as Business IncomeHi, would like to know if it is necessary to show the share trading income as business income and preparing balance sheet and P&L while filing returns from A.Y 15-16 My dad is a... Answered by Shyam Sunder Modani 9 years ago |
| Proceeds from sale of converted landQuery 1: can proceeds from sale of converted land be re-invested in multiple lands (or does it have to re-invested in only 1 land or house)? Query 2: if the registration (sale)... Answered by Shyam Sunder Modani 9 years ago |
| Proceeds from sale of converted landQuery 1: can proceeds from sale of converted land be re-invested in multiple lands (or does it have to re-invested in only 1 land or house)? Query 2: if the registration (sale)... Answered by Shyam Sunder Modani 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 Shyam Sunder Modani 9 years ago |