Ramaswamy Thiyagarajan

Dear Experts,

One of my relative had gone to Nigeria to render Information Technology related Service to Nigerian Government Department. The Project was for a limited duration. He is having Indian PAN Card. His remuneration was remitted in his account in a Bank in India. They had not deducted any tax. He was told there that, his Service Income received from that Government was not taxable either in India or in Nigeria. I searched 'Nigerian Federal Inland Revenue Service' website. I could not find any information in this matter. Kindly guide us-whether his income from Nigerian Government is exempted from Income Tax in India.
With thanks,
Ramaswamy.T


DIVYESH JAIN
29 July 2020 at 19:18

Return filing u/s 44ad

Dear Sir,

I am an individual resident and earning rent income from a commercial property of around Rs. 15 lacs p.a. and I am also registered under GST. My turnover is less than 25 lacs p.a. Can I file my Income tax return u/s 44ad.

Please help me in the above matter.

Regards,
Divyesh Jain


Pratham Jain
29 July 2020 at 18:08

Maths

If a car is traveling at a constant rate of 45 miles per hour how many miles does it travel from 10:40 a.m. to 1:00 p.m.of the same day?
(a) 165 (b) 150 (c) 120 (d) 105

What will be the answer


Kollipara Sundaraiah
29 July 2020 at 17:28

I.t. return filed jurisdiction

Assess pan cards address jurisdiction and state I.t. return filed.change from old house to another new house other city and other state.
Doubt:
1.Assess I.t. return filed old jurisdiction (house)or new jurisdiction( house)
2.Pan card address change compulsory.


Ashok Jha
29 July 2020 at 16:50

Gst

i want to Know , if someone Buy Property and they construct it after that they will sell... How and what rate of gst will apply...


Rajashekhar
29 July 2020 at 15:44

Interest on late payment of TDS

Whether we need to make TDS on provisions made during year end. If we need to make TDS, then there will be differences in TDS.

What is the interest rate for not making TDS and late remittance of TDS.

TDS is required to be made during March 2020, not made.
TDS is to made and remitted during July 2020 what is the applicable rate of Interest.


mukesh
29 July 2020 at 14:38

COMPANY INCORPORATION

IS THERE ANY FORMAT OF NO OBJECTION CERTIFICATE FROM DIRECTOR FOR USING HIS PLACE OF RESIDENCE AS REGISTERED OFFICE OF COMPANY???? IF ANY KINDLY PROVIDE FORMAT..


S SHAH

int ITR-2, for LTCG on sale of property, details are asked for "value of property as per stamp valuation authority". How to find the same value?
For property which is sold, is purchased in year 1990. So we have done govt. valuation for calculating index ed cost of acquisition. So same can be used as stamp valuation?


sankar ponnan
29 July 2020 at 13:58

Non deduction of tds

Sir
A Transport Co issues bills to its parties (manufacturing companies) for providing transport services for their business. In case While making the payment to transport company, they fail to deduct tds on the freight charges, there is any issue for transport company?

please guide me
thanks in adv


K.V.Krishnaswamy
29 July 2020 at 13:08

LONG TERM CAPITAL GAINS

Mr X sold his residential plot in February 2019 and had earned Long term Capital gain of Rs.60 lakhs. He avoided paying Long Term Capital Gain Tax by reinvesting the entire amount of capital gain along with his own funds by buying a second-hand flat for Rs.78 lakhs in July 2019. In case he wants to sell the reinvested flat, what is the period upto which he should hold the said flat without attracting LTCGT?





CCI Pro

Follow us
OR add as source on Google news


Answer Query