I am a NRI. Kindly guide, 1)for investing in India (stock, MF and others assets), which bank account I should use-NRE or NRO? what would be the tax implications in each case?
2) Can I use India based brokers (such as Zerodha etc.) to invest in foreign bonds/stocks/currency by using my Foreign bank account, or I need to use a foreign broker and foreign bank account for this purpose? What would be my Tax liability in India for such investments outside India?
Dear All.
Do you have any information on the applicability of stamp duty on Advance Bank Guarantee and Performance Bank Guarantee in Maharashtra?
Please provide the latest notification, the percentage (0.1% or 0.3%), and threshold limits, if any. ( applicable for below and above guarantee amount)
Best Regards,
Vikas Lohar –
Client a Builder/Developer doing Real estate project under JDA with Land owner.A contractor will send many labourers.Builder pays to contractor and deduct TDS under IT Act 194C.Contractor has no GST.
Will this payment to contractor needs to be considered in80:20ratio of mandatory requirement of purchase from regd dealer?
If 80% requirement failed, whether liable to RCM 9(4)?
How to structure to avoid RCM for this?
Sir, in R3B Return, How the column 4.D.(2) operats, kindly provide some brief sir
We have an agreement with an individual to construct a building for Rs. 22.5 lakhs. Jobs done during 2 financial years and payments made in 2 financial years as the progress of jobs. We are deducting TDS
Is the individual required to apply for GST registration, as the payment and job done in a single year is below 20 lakhs
I have some income from P2P lending platforms like IndiaP2P, Mobikwik Xtra, etc.
Also have some income from Bonds like Government Treasury Bills, Navi Finserv Limited bonds, UGRO Capital Limited bonds, etc.
How and where to show these income in ITR-3? (Please mention the schedule also.)
What's is the due date of Tax Audit for FY 2024-25
I have both LTCG and STCG from Debt Mutual Funds.
I am filing ITR-3. Please guide me how and where exactly I need to show these gains in the return?
hey there,
I have an export business and O send material under LUT . But at time of purchase I paid GST and availed it ,But there was no scope to utilize it.
Can I do That, (Reverse the GST and Booked Expenses in P/L (GST Write off )and reduce my tax proffit?
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
RCM on repair and maintenance