Latest Answers (47,185)
 | Global income calculation for Resident IndianFor the purpose of Calculating global income in India for Residents, does State tax, Medicare tax paid in USA exempted from it? DTAA although only allow relief for Federal Tax... Answered by Vijay N. Kale 9 years ago |
| incomeTransferring some amount through cheque to spouse account will be regarded as spouses income? Thanks Answered by Vijay N. Kale 9 years ago |
| Whether a service is liable for Service tax - Outbound toursBeing a travel agent providing outbound tours Explanation - outbound tours arranged by Indian travel agent through a foreign supplier. Customer will get service at foreign for... Answered by Vijay N. Kale 9 years ago |
| Tax calculationSir, My mother got a land through gift deed on 20.09.1985 and the value of the land as per deed was Rs. 3,500/- . In the financial year 2015-16.She has sold a land for Rs... Answered by Vijay N. Kale 9 years ago |
| Tax calculationSir, My mother got a land through gift deed on 20.09.1985 and the value of the land as per deed was Rs. 3,500/- . In the financial year 2015-16.She has sold a land for Rs... 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 |
| 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 |
| Section 80ccd(1b) of income taxMy son works in a Mutinational Company .He contributes Rs 150000 under Section 80C in PPF,PF,LIC etc etc.A new section 80CCD(1B) has been introduced which enables a person to... Answered by Vijay N. Kale 9 years ago |
 | Tax on partial allocation of land to shareholdersi was having some shares (its not trading shares , this shares indicate that you are supposed to get X Sqft of land ) , but because of not availability of land , they have given... Answered by Shyam Sunder Modani 9 years ago |
| Tax on partial allocation of land to shareholdersi was having some shares (its not trading shares , this shares indicate that you are supposed to get X Sqft of land ) , but because of not availability of land , they have given... Answered by Shyam Sunder Modani 9 years ago |
| EPF withdrawal before 5 yearsHi, I worked in firm from 2010 Jan to 2012 Sep. It has EPF managed by trust. After that I studied from 2012-14 but did not settle my EPF with the company. In 2014, I joined... Answered by Shyam Sunder Modani 9 years ago |
 | TDS on house rentDear Sir, I recently let out a property for rent to an employee of a hotel. I had a rental agreement with the hotel . Now I am being charged TDS at 10% on the rent. Although the... Answered by Shiv Kumar Agarwal 9 years ago |
| can we file both sales tax returndear sir, please tell me as per delhi sales tax act if we file original return but some error in return then we file revised return. at time of physical submit of return we have... Answered by Shiv Kumar Agarwal 9 years ago |
 | Tax on partial allocation of land to shareholdersi was having some shares (its not trading shares , this shares indicate that you are supposed to get X Sqft of land ) , but because of not availability of land , they have given... Answered by B Vijaya Kumar 9 years ago |
| TDS on house rentDear Sir, I recently let out a property for rent to an employee of a hotel. I had a rental agreement with the hotel . Now I am being charged TDS at 10% on the rent. Although the... Answered by B Vijaya Kumar 9 years ago |
| EPF withdrawal before 5 yearsHi, I worked in firm from 2010 Jan to 2012 Sep. It has EPF managed by trust. After that I studied from 2012-14 but did not settle my EPF with the company. In 2014, I joined... Answered by B Vijaya Kumar 9 years ago |
| TDS on house rentDear Sir, I recently let out a property for rent to an employee of a hotel. I had a rental agreement with the hotel . Now I am being charged TDS at 10% on the rent. Although the... Answered by Shyam Sunder Modani 9 years ago |
| Global income calculation for Resident IndianFor the purpose of Calculating global income in India for Residents, does State tax, Medicare tax paid in USA exempted from it? DTAA although only allow relief for Federal Tax... Answered by Shyam Sunder Modani 9 years ago |