![]() | Bank deposit of over 50000Hello sir, if I deposit in the bank Rs. 50000 exactly from my savings, and I have no other source of income as I am a student, do I need to file any income tax form? As my PAN... Answered by Vijay N. Kale 9 years ago |
![]() | Opening LLC in USA as Indian residentHi I am Indian Resident and i want to open LLC in USA, also bank account in USA for my LLC. I want to know am i allowed to do that ? There is no tax in USA for Non US resident... Answered by Vijay N. Kale 9 years ago |
![]() | Opening LLC in USA as Indian residentHi I am Indian Resident and i want to open LLC in USA, also bank account in USA for my LLC. I want to know am i allowed to do that ? There is no tax in USA for Non US resident... Answered by Vijay N. Kale 9 years ago |
![]() | Opening LLC in USA as Indian residentHi I am Indian Resident and i want to open LLC in USA, also bank account in USA for my LLC. I want to know am i allowed to do that ? There is no tax in USA for Non US resident... Answered by Vijay N. Kale 9 years ago |
![]() | Tax on purchase of unlisted shares below nominal valueI have purchased 50000 shares from a private limited company at a discounted price of Rs.14 per share in March 2015. On 31st March, 2015, as per company valuation, the book... Answered by Vijay N. Kale 9 years ago |
![]() | Tax on purchase of unlisted shares below nominal valueI have purchased 50000 shares from a private limited company at a discounted price of Rs.14 per share in March 2015. On 31st March, 2015, as per company valuation, the book... Answered by Vijay N. Kale 9 years ago |
![]() | Non filing of Income Tax Returns-RegSir, My agricultural land was acquired forcibly by Govt of Haryana. I got the cheque for the amount from district revenue officer. This cheque was deposited in HDFC bank. After... Answered by Vijay N. Kale 9 years ago |
![]() | Default in payment of advance tax (Under Section 234B)section 234 B says /*** You need to pay at least 90% of your total assessed tax before 31st March to avoid interest. No interest is applicable if the outstanding tax amount is... Answered by Vijay N. Kale 9 years ago |
![]() | Service Tax payment for 2014-15Hi, I worked as contracter from Feb 8, 2013 to July 2, 2014 in the field of medical writing for a US based MNC (an Agency), but got paid through their Inidan parter in INR.... Answered by Vijay N. Kale 9 years ago |
![]() | Showing side income other than form 16Hi, I work in a software company. They have given me form 16. I also earn from tutions. Can i show that tution income while filing income tax. If yes, in which section?? Answered by Vijay N. Kale 9 years ago |
![]() | Queries about Income Tax filingI am director of a pvt company and receives professional fees from company u/s 194J. The company has paid 2.5L in FY 14-15 and remaining 3.5L is pending to be paid. The company... Answered by Vijay N. Kale 9 years ago |
![]() | Whether to pay capital gains tax this yearHello, I had purchased an apartment in Dec 2003 at Rs 23.5 lakhs and then sold the same in Aug 2014 at Rs 85.5 lakhs. The apartment is in Bangalore. In Janurary 2014 I booked... Answered by Vijay N. Kale 9 years ago |
![]() | Tax on NRE deposit interest earned, when in IndiaHi all, I am a foreign passport and India OCI card holder. I have deposits in my NRE account, the interest earned on which is tax free in India. My question is: If I move to... Answered by Vijay N. Kale 9 years ago |
![]() | Sale of two propertiesmy friend has 3 flats , he wants to sell 2 out of 3 flats and buy 1 new and so end of the deal he will have 2 flats. how capital gain methodology will work Answered by Vijay N. Kale 9 years ago |
![]() | Foreign Account DisclosureI stayed for 143 days in India in last financial year and then came to US as a part of work assignment from my company. Prior to coming here I was in India for more than 5... Answered by Vijay N. Kale 9 years ago |
![]() | Land compensationI ‘m an NRI.I will be receiving the money from my parents. My parents will be receiving the Land compensation from High court on behalf of Govt of Tamilnadu.The land category is... Answered by Vijay N. Kale 9 years ago |
![]() | Sale of agricultural landi sold agriculture land in 2011-12 and the money i received was more than stamp duty valuation of agriculture land and in 2011-12 i deposited whole money(cash) in my saving bank... Answered by Vijay N. Kale 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 Vijay N. Kale 9 years ago |