Vijay N. KaleBank deposit of over 50000
Hello 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
Vijay N. KaleOpening LLC in USA as Indian resident
Hi 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
Vijay N. KaleOpening LLC in USA as Indian resident
Hi 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
Vijay N. KaleOpening LLC in USA as Indian resident
Hi 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
Vijay N. KaleTax on purchase of unlisted shares below nominal value
I 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
Vijay N. KaleTax on purchase of unlisted shares below nominal value
I 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
Vijay N. KaleNon filing of Income Tax Returns-Reg
Sir, 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
Vijay N. KaleDefault 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
Vijay N. KaleService Tax payment for 2014-15
Hi, 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
Vijay N. KaleShowing side income other than form 16
Hi, 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
Vijay N. KaleQueries about Income Tax filing
I 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
Vijay N. KaleWhether to pay capital gains tax this year
Hello, 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
Vijay N. KaleTax on NRE deposit interest earned, when in India
Hi 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
Vijay N. KaleSale of two properties
my 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
Vijay N. KaleForeign Account Disclosure
I 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
Vijay N. KaleLand compensation
I ‘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
Vijay N. KaleSale of agricultural land
i 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
Vijay N. KalePF under Section 80C
I 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