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Sir,
I want to know the TDS applicability in Respect of import of service from a non resident person and the service was software support service. At what rate TDS should be deducted and under which section?
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I am currently a resident of India. I will be moving to Germany for long-term employment this August. I have recently established a partnership in India and I would like to understand the tax implications in Germany.
1. The firm has two partners including myself. The other one is a resident Indian.
2. The firm is registered in India.
3. The entire capital is sourced from within India.
4. The entire profit is generated within India.
5. The firm pays the Indian tax on the entire profit.
6. I own the maximum profit share.
I have the following questions:
1. Do I need to pay tax in Germany for my share of profits? Or is it non-taxable?
2. Is my Indian resident partner liable for tax in Germany?
3. Would the answers to the above question be different if I convert the partnership firm to Corporation?
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What is duration period for employer(an MNC or third party vendor) to preserve income tax records of employee as per income tax act ?
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I am working for a company of Singapore but due to covid situation I could not go there and worked from home in the F.Y. 2021-22. From there I earned 58277 Singapore dollars which is equivalent to Indian Rs.31,56,969/-. I have paid tax in Singapore on 58277 Singapore dollars and moreover I have paid an advance tax of Rs.400,000/- in India as I worked from home in India for my Singapore office. Can you please advise me that whether I am eligible to get the benefit for Rs.400,000/-.
.
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Hello all
I required urgently excel based deduction working u/s 80ccd(2).
Can anybody share it for fy-2022-23??
thanks,
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Sir; we applied for 80G renewal on old portal by filing form 10G. However this certificate is not downloading showing error as access denied. What to do now ? We cannot applied for 80G renewal in form 10A now; because renewal option is not available now. Plz help.
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UNDER 194Q TDS ON PURCHASES GOODS-
IS THRESHOLD LIMIT OF 50 LAC INCLUSIVE OF GST OR EXCLUSIVE OF GST
PL.GUIDE ELBORATELY
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My client has made payments to a Dubai person for Property purchased in Dubai. On these payments Bank has collected TCS so should I consider the TCS credit while calculating and payment of Advance Tax just like TDS ? Pl Guide, Regards.
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Dear Sir/Madam,
Received an inquiry to file return of an NRI having LTCG Income Generated in FY 2021-22 due to sale of flat in India
What documents should be obtained to file his ITR as Autorized Representative in India
he is resident of US
Please help
Regards
Tribhuvan
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Dear sir/s, can a person estimate income of his insurance commission Rs8,00,000/- by deducting 50% of income, he is having other profession income of Rs.6,00,000/- and bank interest also, can you guide me.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
TDS Applicability in case of Import of Service