I wonder whether Resident migrating to USA
and changing Resident Bank Savings Account
into NRO Savings Account be able to remmit
Deposits,Fix Deposits amount either on maturity or Otherwise?
I understand Interest and Dividends canbe be remiited from NRO bank accounts.
Please advice.
Thakkar

Hey,

What will be the Tax impact on an individual (citizen of USA & RNOR for India)who got dividend in India and same income is exempt to him in India & what will be effect of the same in USA Tax?

Will he be liable to pay tax on the exempt
(in India)dividend in USA ??

Regards & Thanks

I have my HUF since 1992 when I got married,comprising of me / spouse /only one son, it is derived from my father's HUF. My son was born in July 1996, and from July 1998 I have been contributing the maximum limits under PPF in his PPF account from my above mentioned HUF. I have extended the above PPF for a block of 5 years from today 05-4-2013. Next year in July 2014 my son will become a Major, can I take the PPF outstanding in his name as his capital for his Income Tax Returns. He is already enrolled for PAN number. Further how do i remit further PPF after he attains the age of majority. I would be grateful to the responders.

I AM A SERVICE PROVIDER (PROPRITER) PROVIDING RENT a cab services.. so should i can obtain for 100% abandment or need to pay 40% of taxable value as service tax

I receive a order u/s 201(1)/201(1a) of IT Act 1961 to pay the total interest on late payment. So in challan 281 in "type of payment" what should i mentioned for interest on late payment as i have deducted tds for various Payment such as 194J, 194I & 194C.

can we submit form 15g and 15h if assesse is liable for tax audit
but income from interest on fixed deposits is not exceeding income which is not chargeable to income tax

Thank you for your time...

awaiting for reply

We are manufacturer of Glasses, a lot of waste or scrap should be made during this work, TCS will be applicable or not?

I have filled my FY 2009-10 & FY 2011-12 ( as a nil)

i skip my return for fy 2010-11

give a appropriate suggestion.

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West Bengal Vat rate increase from 4% to 5% from 01.04.2013. If we sold goods under inter state sales in both Govt & Private Party without FORM C (i.e sale goods from West Bengal to other state), what is the current CST rate.