Mr. X is captain on a ship from last ten years and resides outside India for performance of his and thus entitled for the status of Non-resident. In any particular previous year he received some Part of his Salary Directly from employer (i.e. did not receive outside India and repatriate to India) in his NRO Account maintained in India in USD which was converted by bank in INR.

Now My Question is that, whether the same will be taxable in India or Not?
Second, Does it make any difference if he Received such Salary in his NRE Account instead of NRO A/c?

Please Quote Section and Rules or Notification on which based your answer is.

Thanks in advance.

During FY 2017-18 , in cash equity intraday trading, as an individual resident , my buying cost is more than 5 crore , however there is net loss of Rs. 1.2 lakh. I have other income from bank interest and tuition, LTG and STG and dividend. Total income excluding intraday loss is around 130000. In previous years, I have not done intraday trading and my income was below the chargeable income. And I have used ITR2. Shall I need tax audit? Advice from experts is urgently required please. Will any gentleman help me out?

Sir, one of my friend is engaged in Ticket Booking for Air-Rail-Bus, Fund Transfer,Recharging etc for which he got commission under Section 194 H.because of fund transfer&ticket booking, his bank accounts shows a total credit of more than 1 crore and debits are almost near to that..ie, there is inflow and respective outflow...is tax audit is applicable to him ? what are the credits/criteria for his turnover for tax audit?

Respected Sirs,

I have filed the ITR-4 for the Ay 2018-19 just 4 days ago as on 19th July 2018 wherein the auto reflected TDS was not matched with the TDS as reflected in 26-AS. Whether the revised return will be accepted if I put the TDS Amount in the revised return as exact as per the 26-AS and in such case what will be the due date for submission of the revised return ?
With kindest regards,

Yours tarique rizvi

982 1630 130

Dear Sir

One of my client (State Government Employee) has received Earned Leave Encashment and Half Pay leave encashment.

Earned Leave Encashment U/s 10(10AA) is fully exempt but what about Half pay leave? Whether Half Pay Leave is exempt or Not?

While selecting the periodicity for filing GSTR-1 I had selected Quarterly but inadvertently has been selected as Monthly. Can we edit the periodicity in such case ? What is the procedure sir ? Please advise me and oblige.

DEAR SIR,

MY DOUBT IS INVESTMENT U/S SECTION 80C-150000, ADDITIONAL NPS BENEFITS U/S 80CCD(1)B,-50000, AGAIN WE CAN CLAIM DEDUCTIONS EMPLOYER'S CONTRIBUTION TO PENSION FUND U/S 80CCD(2) EXTRA MEANS
SECTION 80C,CC, UP TO 150000,
SECTION 80CCD(1)B ADDITIONAL -50000,
SECTION 80CCD(2), 58976 EMPLOYER CONTRIBUTION

TOTAL 150000+50000+58976=258976.

IS IT CORRECT CLARIFY ME
REGARDS

Dear Sir
If land i.e shop is in mother name and she had expired. Her daughter is looking after said property.

Now, her above daughter husband i.e, son in law ,want to take gst registration in the same property mentioned above in his name.
In such situation ., what are document required for gst registration for address proof.

Whether consent letter to be obtained from legal heir.
and other address proof what required.

Dear sir,

My main income from salary 220000. And also a income from part time tution 80000.

So which ITR FORM filled by ME
CAN I FILLED ITR-1

I have a firm in Delhi. I have closed it business in December and got registered another firm under same PAN in uttar Pradesh and same name. Can I utilise the ITC of old firm into new firm. If yes, how to do that...