This Query has 1 replies
Hi Everyone,
One of my Client Leaving in Canada for 2 years on work visa, he is earning Salary Income and having bank account in the same country, as well as paying tax on the same country.
I have related queries as follows:
1) Whatever Salary income earning, on that he need to pay tax in India and Need to File ITR ?
2) He transfer part of amount in his Indian Bank, whether this amount is taxable or non taxable ?
3) After 2 years he will back in India, and whatever amount he was earn bring in India or Transfer in Indian Bank, then those amount will be taxable or non taxable.
Please guide on the same.
Thanks
This Query has 6 replies
Hi
Between April 2022 and mid-August 2022, I worked as a freelancer for a company. From mid-August 2022 onwards, I moved to a permanent employee position within the same company. I have received Form 16 for the period of August 2022 to March 31st, 2023, and Form 16a for the period of April 2022 to mid-August 2022.
Now, I am unsure if I need to file separate income tax returns (ITR 1 for the permanent job and ITR 3 for freelance income) or if I can file ITR 1 only and include the freelance income under the "Income other than salary" head.
Your suggestions would be greatly appreciated.
This Query has 3 replies
Hi Sir, what will happen if I filed only 1 form in case of 2buyer? I bought an under construction property from a builder who handled the TDS on my behalf but he paid the TDS only on my PAN and nothing on the co-owner, what should i do now?
The entire TDS was paid on time with each installment but it was entirely paid on my PAN and nothing on co-owner.
This Query has 1 replies
Mr A is an individual who works for private company. His contribution to Employee Provident fund is above Rs 2,50,000 (contribution to PF by employer also applicable).
His interest on Employee contribution for the FY 2022-23 consists of –
Interest on Taxable amount of current year contribution FY 2022-23 and
Interest on Taxable amount of accumulated contribution for FY 2021-22
Query
1) What sections among the four options, i.e. Section 10(11) First proviso, 10(11) Second Proviso, 10 (12) First Proviso, 10(12) Second Proviso, will be applicable to him?
2) What is the Difference between Section 10(11) First Proviso and Section 10(12) First Proviso?
This Query has 4 replies
Are capital Gains earned on Trading of ETF Liquid Bees taxable ?
Under which head difference between sale and purchase price is to be shown ?
This Query has 1 replies
Income Tax Return get defected, as Amazon deducted TDS u/s 194O on Assessable Value 99 Lacs,
and my turnover through Amazon were 82 Lacs.
I think Amazon deduct such TDS on (Turnover + GST), how to rectify this error ?
and How to file next return to avoid such error
Please guide. Thanks
This Query has 3 replies
AAI is making payment of Collection charges to airlines provided that the airline clear their UDF Bills on time. Whether this collection charges paid by AAI attracts TDS u/s 194 C or 194 J. Need Clarification.
This Query has 1 replies
Sir,
I am one of the Partner in a Partnership Firm, and i have salary from there. I also sold my house last year. Which ITR Form i have to use to file my Income tax return? Form 2 or Form 3. Please comment.
This Query has 1 replies
Category of defect A :You will not be allowed to upload the return. Kindly correct below errors in order to proceed further but not show any error hyperlink, what should i do?
This Query has 3 replies
I filled itr4 in ay2016-17 and then itr3 from 2017 to 2021 can I file ITR 4 for AY 2022-2023 through updated return
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Tax Provision on Salary Income in Foreign and part of amount Transfer in Indian Bank (Tax Deducted)