I looked at my pay check and see a point in my paycheck under earnings. It reads employer contribution to insurance plan. The same amount is deducted from me as well. This amount however is not included in my gross income in the usa pay slip. As an Indian resident should this be added to my gross income when I report it in Indian ITR or should I report my gross income only and not add this since it's a benefit rather than an income.

Also, My employer contributes 50% to a group medical,accident, vision, dental plan and I pay 50%, Is that included in my taxable income in India?

Also, Social security and medicare taxes are deducted from my gross income and the employer paid the same amount from their end as well. Is the employer part of the taxes to social security and gross income considered my income in India?

Dear Sir,

One of my client needs to finally settle his PF Claims, request you to kindly advice which Form should be selected for Final PF Settlement. Awaiting for your kind response.

Warm Regards,
Aditya Ghatge

Company is making foreign remittance towards physio therapy treatment of its director to non resident individual. The physio therapy treatment will be given in India. Please let us know the tax implications regarding TDS or withholding tax and whether the perquisits will be taxable in the hands of director.

Please advise

Dear Sir,

We have purchased some items in oct2023 based supplier invoice we have availed input credit in same period. present i.e nov2024 we return that material due to not suitable to us, supplier also agreed and passed the credit note to us.
Now we have to pass debit note from us and reverse the input credit proportionately for this case we need to pay interest on reversal amount.

from last 4-5 days income tax site not working properly

- Assesses is Non Resident
- It having Two Fixed Deposit in India, & Interest on same of 3 years (of each Fixed Deposit) Accrued together but not having Bank account in India. Now it want to Redeemed his Fixed Deposit. Full Amt of Fixed Deposit i.e. (Principal plus Interest) Directly credited to Foreign Bank Account from fixed deposit.
- Total Interest Amt is 596035 & Fixed Deposit Maturity Value is 3178706.
- Sender & Receipt both are Non-Resident.
- Whether Form 15CA or 15CB or Both or any Other Form is applicable ?
- Any Provision of TDS is applicable in such case ? If yes, then on which Amt & at which Rate Provision of TDS Applicable.

Hi,
I have a query on Deemed to be University shall pay gst on Bus fee collection from students it is not included fee structure .

Whether income in respect of units of investment is a capital gain or business income

Dear Sir

Please advice, we purchase some grocery & vegetable for Our GOVT. HOSTEL from grocery store & vegetable shop. please advice TDS is applicable for such purchases.

SIR
WE ARE NOT TAKING BLOCKRD/INELLIGIBLE CREDIT WHILE CLAIMING ITC. NOW THE DEPARTMENT ASK US TO TAKE AND REVERSE THE SAME FOR THE YEARS 22-23 AND 23-24 OTHERWISE PENALTY WILL BE IMPOSED. PLEASE ADVISE.

THANKS IN ADVANCE

REGARDS