Hello

If an NRI is filing tax return in India, should he disclose foreign income which is not taxable in India as Exempt Income?

If we see definition of income in ITA, it is very comprehensive and hence per se, the foreign income qualifies as income for NRI hence should be disclosed. Only issue is that it is not taxable u/s 6 and not exempt u/s 10

Conversely, if not disclosed as exempt income, what can be the implications?

Thanks.

Dear Madam /Sir I am a ca final student done with my articleship.Now during the period between exam and result, i want to do any course of shorter duration of finance field in order to enhance my resume in field of finance. Please guide me as i want to make career in finance field so what can i do during this period before getting qualified as ca n appearing to interview Thank you Regards Anjuli Mishra

how to calculate differed tax for private ltd company

Dear EXPERTS.,

How to calculate Interest on Partners capital...?

For example Two partners Invest Each 5,00,000/-. After few years their Capital amounts are maintain Capital A/c and Current A/c... If Their Capital Amount are (Invest CApital Rs. 5,00,000 and Current Account amounts are each XXXXX)

In this position., How to calculate Interest

Thanks in Advance

Hi, If a person is earning Rs. 40500 per month, please help me with income tax.

We are manufacturer. We import our input on payment of applicable custom duties. We have imported our input in excess of storage space available in the factory. We wish to store this excess input outside the factory in nearby warehouse. We will not avail the CENVAT credit till the actual receipt of the input in the factory.
My query is: Can we store this input after paying duties and clearing from customs out side factory without permission of AC/SUPDT?

Hi,
While filling INC-1 form, i have following queries:

1- the objects clause point doesn't allows me to write complete main objects. rather, it just allows to write few words or 1.5 lines....can anyone provide some guidance.

2- moreover, the supporting documents of applicant need to attested by practising professional, kindly confirm or do they need need to be self attested by applicant, as there are contradictory instructions mentioned in help kit v/s MCA website

3- if the applicant intending to be a director in one person is in service but has resigned & serving notice period, his occupation still needs to be mentioned as service man . Kindly confirm ? If yes, it may be changed later after he gets relieved from job. but the query is what to mention as his occupation in DIR-3 for availing DIN & INC-1 , so that the form doesn't gets rejected.

Thanks,

A company was incorporated on 03/10/2016 with 5 persons being subscribers.
-What is the time limit for deposit of share money in company's bank A/c?

-Is it not necessary to issue share certificates? My CA advised not to issue since it is a family owned company.

Our org was registered in sales tax in nov 1988 but vat came and then tin no was alloted in 2003. which date to be mentioned 1988 or of 2003??

I Came to know lot of tds softwares available in the market. which one is the best software? kindly help me