U K Prabhu

I have some equity shares issued under ESOP by an TECH- MNC. The shares are being quoted in Nasdaq.The company did not register in any stock exchange in India. Now I am not an employee with that company.
I am receiving regular reports from the Broker and company.
I am resident Indian and never been other than resident Indian. I am not a director or involed with any company/entity.
My question is:
1. Whether I have to file IT Return IN ITR 2.
2. Refer Part A GENERAL: There is a column to disclose unlisted shares. Whether I have to disclose the above shares which are not listed in India. OR is it pertain to column (ii) -Citizen of India/POI.
I will be grateful if any one,please advise.


Rajiv
24 June 2019 at 14:23

Section 80 ac

DEAR EXPERTS,
WHAT IS SECTION 80AC IN INCOME TAX.CAN WE NOT GET ANY DEDUCTION . IF WE RETURN FILL AFTER DUE DATE AS PER SECTION 80AC ?


Somnath

Dear All

If any person sold his old residential house property , which he got ownership by virtue of will then that sale amount is taxable or not as per sale of house property rule under capital gains
Assess see not purchased his residential property , he got it bu virtue of will.

Regards


Kelvin Bhuva
24 June 2019 at 12:36

Clubbing of agriculture income

Mr x. has agriculture land on his name and his wife has also agriculture land on her name, both own agriculture land can we club his wife's income in Mr x's income?
Note: Agriculture Land directly bought on his wife's name not transfer from her husband or gifted


Shibu Mathews
24 June 2019 at 12:11

Withholding tax

Sir, Need to know on the subject matter. Consider parent company is registered in Europe and have operations in India too. The basic product is sold directly between the customer in India and the parent company in Europe. The Indian company offers Installation support and also carries out warranty obligations.

Under this scenario, is withholding tax applicable for the sales made by the parent company to an Indian customer ?
Is a PAN registration mandatory ?
Also if the parent company applies for a PAN, will he also be liable to file returns in India?

Please advice


S ELAVARASI

Dear Sir / Madam,
One my supplier missed our purchase invoices for the FY 2018-19 (bills on Feb-19). We check our GSTR-2A and ask the details to the supplier. He rectify and add the Invoices in his GSTR-1 for the month of may-19.

My Question is :

Where is shown the missed Feb-19 invoices...?
Is it shown in Our Feb-19 GSTR-2A or May-19 GSTR-2A...?

Please reply... Thanks in Advance


Vimal Kishor Singh
24 June 2019 at 11:43

Double taxation liability

Dear Members,

If We issue Non Convertible debentures to NRI's or Foreigners, then what will be tax implication on their hand??

And what will be taxability in our hand on Interest on Debentures.

Awaiting your response.

Thanks in Advance


vishal
24 June 2019 at 11:25

Direct tax

Hi Expert,

Please reply along with applicable Section Number.

Query: Whether an Individual who is a resident of Meghalaya,North Eastern part of India,who is eligible to obtain Aadhar Number but has not obtained it. Whether he need to obtain and quote an Aadhar Number while filing his return for AY 20-21

Thanks, Vishal


vishal
24 June 2019 at 11:23

Direct tax

Hi Expert,

Please reply along with applicable Section Number.

Query: Whether an Individual who is a resident of Meghalaya,North Eastern part of India,who is eligible to obtain Aadhar Number but has not obtained it. Whether he need to obtain and quote an Aadhar Number while filing his return for AY 20-21

Thanks,
Vishal


TAVKER NIKUNJ
24 June 2019 at 11:05

Return for ass yr 2018-19

DEAR SIR/MEDAM,

IS THERE ANY POSSIBILITY TO FILE INCOME TAX RETURN FOR ASS YR 2018-19 NOW, WHICH DUE DATE HAS BEEN GONE AS ON 31ST MARCH 2019.





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