I had burrowed an unsecured loan and i also have secured loan .I have invested these amount in shares .I also invested in portfolio management services . I am gaining short term capital gain on sale of shares .can i deduct Interest and pms fees from my short term capital gain .
what is this ....
In case of Foreign Nationals, documents need to be attested by authority prescribed.
what excctly we have to do in case director who is a foreign Nationality............??????
Thanks and Regards...!!!
Hi
My Director daughter is NRI currently resident of usa and thier children is OCI (Overseas Citizens of India).
He want to gift some cash to his grand children on their birthday
Now what is limit is for gift to to foreign grand child and it is tax free? Under section
I have a foreign bank which I had opened when I was working abroad couple of years ago. My salary went to that account. Now I reside in India for past 3 years. I have not transferred my money in the foreign account to India. There is no income in that account other than interest, for which is taxed there.
Do I need to declare that account in ITR? If yes, do I need to mention the interest earned?
Dear Expert,
I have withdrawal my EPF around 3.5 lakh before 5 year of completed my job and PF department had deducted TDS hereon @10% which is shows in 26AS also.
now i want to file my ITR for FY 2017-18, hence this PF withdrawal amt has to show in income from other source or it Exempt and claim refund the same TDS amt.
Kindly guide me show to tackle this issue
Thanks
Dear Sir/Mam,
I am paying two home loans. One of the property is let out. Another property taken possession during Feb'18. And I am staying in a rented house.
Whether I can take income tax exemption for two housing loan both interest and principal after deducting rent received and also claim HRA exemption
TAKING CREDIT OF RCM , IS IT NECESSARY TO PAY BY CASH/BANK FIRST.
IF WE WISH TO TAKE RCM CREDIT IN SAME ,WHAT IS THE SOLUTION.
PL.ADVICE EARLY.
THANKING YOU,
RAJKUMAR GUTTI
Hello Dear experts.
I have wrongly left an invoice while filing my GSTR 3B but tax is fully paid (the difference of tax liability for the invoice is showing in ELECTRONIC CASH LEDGER. ) Now what is procedure for making correction.
GSTR 1 for the same month was filed correctly. i.e. all the invoice were taken.
Please give a better solution.
Rental Income .....................................100
Less Repairs & Maintenance ............... 10
===============================
Gross Taxable Income ........................Rs 90
Less 30% exemption ...... Rs 27
--------------------------------------------------------
Balance Taxable Income Rs 63
-------------------------------------------------------
Respected Sirs,
Please guide me and oblige.
Also please let me know as under which section repairs & maintenance exemption is allowed.
yours tarique rizvi
982 1630 130
Dear sir/mam,
Kindly let me know whether eway bill is required to be generated in delhi for multiple incoices of one party in one day (each invoice are below the limit 1 lacs) but the consolidated invoice value in one day of one party exceed the threshold limit of Rs.1lacs.
kindly help.
thanks
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Short term capital gain