I am an NRI since year 1995. Now I have plan to stay in india every year 180 days and balance days in oversees with my son for next three years (Financial year 2024-25 to 2026-27).
This will help me to divert my NRE fixed deposit money to other investment like shares, MF etc and save income tax in my hand.

Will I will be treated as NON RESIDENT ?
Is my under standing correct for tax planning.

Dear friends
I am a salaried employee as well as working as an insurance agent for Health Insurance Company.
Both Employer and Health Insurance company deducted my Professional Tax and paid to Maharashtra Government. So total Professional Tax paid to Government is Five Thousand(5000)
Is there any process to claim refund of Professional Tax?

A Private Limited Company have Capital redemption Reserve in their Liabilities, in case of that Company do get converted into LLP. now in balancesheet capital redemption reserve will be shown as what.

Note:we do not want to issue bonus share from Capital redemption reserve and do not want to use it in any other way,

let us know the way of treatment of capital redemption reserve in case of conversion of company conversion to LLP.

Hello Experts, some one have Draft format/Declaration(Other than CA certificate ) from supplier to vender for itc mistmatch not more than Rs.50000/- for FY 2019-20, to submit in GST Office. An early reply is highly solicited.

When HSN Code is mandatory ? My client's sales includes B2B and B2 Sales (Total turn over between 2.00 to 5.00 crore). I think HSN code is mandatory in B2B Sales, but Tally Prime does not accept HSN code for B2B sales only. Sir, how to proceed in the matter ?

whether a company can issue Fraction of share in a share in India.
in the case of Jindal stainless steel Ltd. and Jindal stainless ( Hissar Ltd.)
In the case of merger or demerger.

A Sale Bill has 2 type of material 18% and 5% GST rate ...how to show this in GSTR1 B2B Format? If i will show invoice 2times one time with 18% and 2nd one with 5% type material..then portal will accept it?

Sir,
Assessess running a proprietorship firm personal expenses rs:1,20,000/- lacs
Question:
Personal expenses including total amount rs:1,20,000/- or 1/15 share amount including sole proprietorship in itr.

I am running a jewellery business and my blood relative is willing to gift me Rs.6L. From income tax perspective should I receive the money in Current account or Savings account. Why?

we are two Partners in LLP, our Last year Sales was 27.21 lakh, Approx. Net Profit is 1.2 Lakh, is Tax Audit Required.