ArticleHead Of IncomeIncome TaxTax PlanningThe PlanningUncategorizedNRI can continue their PPF account opened when they were Resident9 years agoQuery 1] My son is working in a US firm since Nov 2015.Hence he has completed more than 180 days…
ArticleHead Of IncomeIncome TaxTax PlanningThe PlanningUncategorizedIssues in Capital gain taxation9 years agoQuery 1] In Hyderabad, I had my only a residential house. Three year back, I had sold my residential house…
ArticleIncome TaxTax PlanningUncategorizedHow to invest in National Pension Scheme (NPS)9 years agoQuery 1] Sir, if a person is earning annual income (from salary or business) of Rs. 5 Lakh and if…
ArticleIncome TaxTax PlanningUncategorizedSeller should obtain PAN if bill amount exceeds Rs. 2 Lakh9 years agoQuery 1] Please give some light on Notification No. S.O. 3545(e) on reporting in AIR by audited concerns. Issue is,…
ArticleIncome TaxTax PlanningUncategorizedClaim income tax refund for the last 6 years or carry forward the loss even if return is not filed 9 years agoQuery 1] I want to file return for AY 13-14 and 14-15 in Aug 2016. (Belated return date for FY14-15…
ArticleIncome TaxTax PlanningUncategorizedTaxpayers are entitled to get interest on income tax refund9 years agoQuery 1] I have speedily received my income tax refund for the AY 2016-17. However, refund received was of the…
ArticleIncome TaxTax PlanningUncategorizedSukanya Samriddhi Account: New scheme for a Girl Child In India9 years agoQuery 1] I have some queries regarding Sukanya Samriddhi Yojna (SSY). I have opened it in the month of March-2015 an…
ArticleIncome TaxTax PlanningUncategorizedGold ETF: An Investment option for investing in gold9 years agoQuery 1] I have following enquiry. Please advise me for tax purpose: What is the difference in taxability when gold…
ArticleIncome TaxTax PlanningUncategorizedPay as you earn – Advance Tax9 years agoQuery 1] After having calculated the expected income for the financial year 2015-2016 (Assessment Year 2016-2017), there was a need…
ArticleIncome TaxTax PlanningUncategorizedCapital gain on transaction by Power of Attorney (POA)9 years agoPower of Attorney Query 1] Someone is having 1 flat at Kolkata. He wants buy to another flat at Nagpur.…
ArticleIncome TaxTax PlanningUncategorizedMedical expenses offers tax benefit9 years ago First Part: I have been told that deduction is available for the expenses incurred on the medical treatment of…
ArticleIncome TaxTax PlanningUncategorizedSave additional tax by investing in NPS9 years agoQuery 1] My parents joint holder of residential house sold property in February 2016. LTCG was 5 Lakh each. My…
ArticleIncome TaxTax PlanningUncategorizedDisclose exempt income while filing ITR 9 years ago Query 1] Part-I] It’s time to submit ITR. I have read in some IT related articles that tax free…
ArticleIncome TaxTax PlanningUncategorizedResidential status vs. Taxability of Income 9 years agoQuery 1] My friend’s son stays in Australia and sends money occasionally to him for maintenance. My friend is a…
ArticleIncome TaxTax PlanningUncategorizedJoint development agreement & capital gain tax 9 years agoQuery 1] I am having some queries regarding capital gain tax, as under: My father had purchased one lease hold…
ArticleIncome TaxTax PlanningUncategorizedKnow clubbing provision before gifting to wife 9 years agoQuery 1] Part A: My wife, son & I have a separate savings bank A/c at same branch of SBI.…
ArticleIncome TaxTax PlanningUncategorizedNo excuse, Purchasing property below stamp duty valuation is taxable9 years agoQuery 1] My friend purchased house at Hingna jointly with his brother, sale deed executed in May-2014. Actually, purchase agreement was…
ArticleIncome TaxTax PlanningUncategorizedMedical Allowance Vs Medical Reimbursement: What’s in a Name9 years agoQuery 1] Kindly intimate, whether the amount received under medical reimbursement is taxable or not? If taxable under which section…