Hello All,
Background: I am a salaried employer and am moving from Mumbai, India to Dubai, UAE in July'22 on a work visa through my current company. My wife is currently employed as well in India. However, her company is unable to provide work visa immediately for the move and hence we have decided that she will take a tourist visa for now and then in 4 weeks get her converted into Dubai Residential Visa. Her company will provide Work permit in around 2 months and she will start working from Dubai.
Query: What would be the residential status of my wife if we get her visa converted into residential visa in Dubai by Aug'22? Since she is not moving as a result of employment, will she be liable to file income tax this year on her worldwide income (which she will earn once she gets work permit?)
Options: Her company has also provided her an option to terminate her services in India as she leaves and then rehire her in Dubai once they are able to provide work permit. So this means she will travel with me as a dependent and her company will not report anything on India payroll after July.
Objective : My objective is how can we avoid paying taxes on her income in Dubai as she is not moving to Dubai on work permit but as a dependent.
Experts, please share your suggestions.
what is the CII for the year FY1997-98 and FY 2022-23. A land was purchased in 1997 now is to be sold in FY 2022-23
In 26AS form there is wrong SFT transaction. This is regarding immovable purchase or sales property, but I have not purchase or sale any property. this is wrong transaction in my 26AS form
Kindly advise, what should i do now ?
Dear Sir,
We are a manufacturing Company. Our Turnover for F.Y. 2020-21 was less than 10 Crore but in previous year i.e. 2021-22 our turnover was greater than 10 Crore.
We are currently facing 2 querries:
1) Now we have purchase some goods from a vendor and he has charged TCS in their E-invoice (without giving exemption of 50 Lakhs) and asking TDS Declaration for not charging TCS in further invoices.
Kindly provide such Declaration u/s 194Q as well as u/s 206C(1h).
2) We have received a letter from one of our Vendor u/s 206AB, 206AA & 206CCA under which he has mentioned that he has filed his ITR as per due dates. Kindly provide clarity against this letter.
Kindly resolve the above 2 querries at the earliest.
Hi All
One of my clients has sold the property in FY 21-22 and received partial consideration on agreement to sell. Still Sale deed is pending and partial consideration is also not received. When is the capital gain calculations are to be made ? in FY 21-22 or FY 22-23.
Thanks in advance.
Mr. A received notice u/s 148 as on dated 16.04.2021 . The income chargeable to tax that has escaped assessment amount is below 50 Lakhs. No new notice u/s 148A(b) issued by the department. Whether the Notice u/s 148 is still valid or not ??
PROCEDURE FOR ONLINE FILING OF REVISION OF ASSESSMENT ORDER U/S 264 OF INCOME TAX ACT,1961
Dear sir/madam
I have icurred the medical exps of Rs. 2.00 Lac of my mother (dependent aged 75+) and no source of income of my father and i have no mdical insurance policy. Can i claim the any deduction for this in my ITR. If yes, how many and which section and which document is required for cliam.
Thanks
Dear Sir,
My father was having an HUF running in his name for which he used to file regular income tax return.
Now he is no more, hence I want to operate his HUF.
I want to know what is the procedure for changing the name of Karta in income tax so that I can operate the HUF.
Please help me in this matter.
Regards,
Divyesh Jain
Sir, please explain the due date for TDS payment u/s 194c will be calculated from the
1. Invoice date (the date which is printed on invoice) (OR)
2. the date on which the payment was made to the concern party after deducting TDS
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Tax Implication for Wife after Dubai Relocation