Recently I read in the news that the government is trying to catch hold of NRIs. Their rules will be more strict.

I know if you are more than 182 days outside india, then you can be considererd as NRI.

But recently found this rule on cleartax:

You are considered an Indian resident for a financial year:
i. When you are in India for at least 6 months (182 days to be exact) during the financial year
ii. You are in India for 2 months (60 days) for the year in the previous year and have lived for one whole year (365 days) in the last four years


Based on the 2nd rule, i have lived for 1 year in last 4 years, as i have been out only for 2 years.

So whether i will be a resident of India ?

My father had invested Rs.5,00,000/- in Kisan Vikas Patra on 06/12/2017 how i came to know or calculate interest accured on KVC on 31.03.2019 for filing interest return. Post office not providing Interest amount

I want to prepare Capital A/c of sole proprietor. Kindly tell all possible content of Debit side and Credit Side of Capital A/c of Sole Proprietor. Can i add interest credited on saving or current bank account to credit side of Capital A/c? Also please tell if i Debit following items to Debit side of Capital A/c: Premium on Insurance, Tution Fee, Mutual Fund, PPF etc.? Thanks in advance.

I purchased an under - construction flat with bank loan last year July 2018. The flat is just complete by May 2019, still vacant and not yet rented till now.
In the income tax return for FY 2018-19 (AY 2019-20), I have indicated the flat as "Deemed let-out" property and specified the interest amount paid for the loan during the FY also.
In this case, if I specify gross rent letable, it affecting the "Income chargeable under the head House Property". In fact, the flat has not at all been rented till now and is vacant as mentioned earlier. Please suggest what do I do?

Respected Sir

Ay 19-20 whether professional charges are 100% exempted from TDS Deduction ?

Please guide me and oblige.

What is turnover for the purpose of Sec.44AD in case of speculative transaction? Is the turnover meaning same as referred to in identifying applicability of Tax Audit u/s 44AB i.e aggregate of positive and negative differences?

In ITR 2 where should capital gains from selling of vested RSUs be declared? Will they be considered capital gains even if they are sold after 2 years of vesting?

While Filling ITR 4 under Section 44AD Can we claim Depreciation as expense or we have to move to capital ledger?

A Pvt Ltd company has not started any business from date of its incorporation. Since then no income tax return has been filed by the company.

whether i can directly file the form STK-2 or i have to inform to income tax department before closing of my company?

Hi

How should i calculate the Capital Gain for the property sold in 2019 and purchased in 1998, how should i do indexing of the same

my aunt have purchased house in 1998 for 750000/- and sold in 2019 for 1900000/-