pkkapoor

If an Indian citizen is employed for last three years in Singapore and paying tax as per Singapore tax laws, it is said that 60 days rule is not applicable.

My query
What exactly is Indian Income Tax Act/Rule from which I can understand that it is not applicable to an an Indian citizen on employment to a country like Singapore......


C.S.MADHURANATH
09 February 2025 at 14:38

BUDGET 2025-26

Sir, WHERE INCOME FROM SALARY OF A PERSON IS Rs1200000 & income from sale of equity(LTCG) IS Rs.125000, WHETHER ANY TAX LIABILITY WILL ARISE FOR AY 2026-27?


Kalyan Madicharla

Hello Everyone,

I’m an NRI currently living in Australia. I have health insurance in India for my wife and child with NivaBupa. Recently I got to know that health insurance premium paid annually is GST exempt for NRIs. As part of renewal, I requested them to apply the GST exemption. But their final response is that the feature is not yet “live” in their internal systems for renewals in specific and that they’ll not be able to “facilitate”. They said that since GST is paid to Govt, I can claim it myself by contacting my tax consultant.

If I’m not wrong, GST unlike TDS is not paid against the PAN of the customer but GSTIN of their own business, as such it is their job to do, which is either take payment with GST or provide a refund by taking necessary documentation from me and their tax filing department to report this transaction to Govt as GST exempt. In fact, that is the process I follow for another term insurance plan with Tata AIA. So is there a way that a tax consultant can claim this GST that I paid as part of insurance renewal, during my year end tax filing (or any other time)? Please clarify.

Appreciate your response.


Diwakar Juneja
08 February 2025 at 16:15

Clarification in the matter of HRA

Sir Please help ..

if i write like this agreement is made on 25.11.2024 between 1st and 2nd party that 2nd party will pay rent for ----- amount to first party ... from 01.04.2024 to 31.03.2025.

in this case my HRA will be calculated on the basis of my agreement date or my rental period.


Sonali Koona

Is TDS Applicable on issuer fee and Annual fee charged paid to CDSL


SHAHNH
08 February 2025 at 00:18

Rebate u/sec. 87A

Hello!

My father is a very senior citizen earning between 10 to 12 lakhs from Dividend and Interest. Learnt that new rebate proposed is not available to them. Can anyone explain the logic for keeping only them out from the category of resident individuals as it's the only income from their hard earned money accumulated over the years.


Thanks in advance


Kollipara Sundaraiah
07 February 2025 at 19:53

Tax on treasury bills

Sir,
Assessess bought of treasury bills (t-bills) in January -25
Question:
Taxation of t-biils and income show in f.y.24-25 or f.y.25-26


pooja

If an NRI sells a flat to a resident in india,then whether indexation benefit is available to non resident as per finance act 2024.Pls clarify


SUNIL YADAV

Dear members

I am running a Restaurant and using E commerce operator platform i.e. Swiggy and Zomato shall i require to pay TDS on Commission. because they take Full amount of Commission and then reimburse final amount.

Further they also deduct TDS at 1% (0.1%) u/s 194O on sale amount.

Please suggest need to deduct TDS u/s 194H or not??


Malcome M Bandya

Dear Sir,

We have exported the goods to Korea, but they have done re-work on the goods we exported.
We are required to pay USD 32,400.00 for the rework charges now.
Can we deduct the TDS from this payment?

Thanks.