Sir,
How the amount credited on maturity of PPF A/c to NRO A/c will be treated under Income tax rukes!
The PPF account was opened as Resident Indian but after few years the status changed to NRI.
Would appreciate kind advice!
While uploading the json file for IT filing (ITR5),displaying an error message like 'CAUGHT ERROR DESCRIPTION AS NULL'.
We sold goods to party in 2018 and now party wants to pay full amount in cash.Can we take full amount in cash on one single day.please clarify?
My sister, an American citizen, of Indian Origin, recently passed away in India. She had, by an email sent to her son ( also an American Citizen ) just a few days prior to her death, given instructions on disposal of her funds lying in her late husband's NRO account in India.
The son is complying with her wishes.
We, her siblings, are the recipients of these funds. Are we, under the IT Act, exempt from paying gift tax on the same ?
WHICH FORM TO BE SELECTED WHILE TAKING UDIN FOR TRUST REGISTERED UNDER 12AB.
WHILE TAKING UDIN FOR THE TRUST , WHEN WE SELECT FORM 10B SECTION 12A(1)(b),THEN THE RELEVANT ASSESMENT YEAR IS NOT AVAILABLE.PLEASE HELP US TO CLEAR THIS DOUBT.
Dear Experts,
1 A company is purchasing the rolling shutters for its buinsess premises.
2 This company has given the order to the shutter fabricators around the value of Rs 25.00 Lakhs
3 The supplier is also a gst registered persons.
4 He has given the quotation as a sale of rolling shutter.
5 The query :
Is this a purchase of goods/services
Greetings,
If a person has to pay monthly rent (INR 50K+) for a residential property to an NRI in a NRO account in an Indian bank account in INR - is it necessary to fill form 15CA/15CB?
Also, will be deducting TDS at 30%+4% cess.
Please guide.
Thank You.
Dear Sir
A person have Capital gain from Mutual fund and Stock also. so while filling ITR-2 no option to show separately- 2 so can he add MF sale + stock sale and put in ITR-2 Seclude 111A Full value of Consideration and same for Purchase
Please advise
Sir
Please advise a person have business income Rs.400000/- and Agriculture income Rs.373200/- Can he file ITR-4 under Section 44AD. earlier year he filed ITR-4 because only business income.
Thank you
Dear Experts,
We as an Society received interest income on FD with Nationalised Bank of Rs.1.9 Lacs and interest from S.B A/c of Rs.15000/-. Pl. guide us whether the said interest is deductable in computaion if Yes under which section and maximum amount deductable.
Thanks,
Gaurang
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Credit to NRO account from PPF account