If someone received alumni. Is it tax exempted. And do we need to file tax in the normal way as we do for salaried person.
or we are required to do something else.
Menu
Alumni query
Replies (9)
Quick Summary
What is the amount received?
Some 25 lac
From whom you received it?
Its purpose? whether received it from university for higher education?
Any amount of TDS deducted over it?
Sorry my bad Alimony not alumni
| Originally posted by : Shivanshu Gupta | ||
 |
Sorry my bad Alimony not alumni |  |
File ITR normal way with declaration of exempt ALIMONY received in single stroke.
| Originally posted by : Gabriel Bello | ||
|
We just have to be careful out there. I invested the sum of $ 305,000 in Bitcoin with a supposed crypto currency company I met online. Just after two months, my initial investment had increased from $501,950. This made me feel so good, as the investment grew rapidly in just two months. When I tried to make a withdrawal, my request was denied, all efforts to make withdrawal declined, then I realized I had been ripped off. Thanks to Hack West for helping me recover my money back. HACKWEST at WRITEME dot COM is helping crypto scam victims recover stolen crypto coins from scammers. | |
Sorry, I am not a featured member...
for featured member contact..
https://www.caclubindia.com/catalogue/featured.asp
Under which section I need to show
Declare it under Schedule EI 'others'.. as capital receipt.
Recent Topics :
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
- Register on Income Tax as CA
- Deduction In Employee Provident Fund
- This is a gift for all Chartered Accountants and P
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
- Wallet query for GST.
- 25-26 exempted sales
- Hotel stay below Rs.1000/- GST applicable or exemp
- NRI, ITR-2 FY 2025-26: AIS Part B2 (SFT) shows hig
Related Topics :
CAclubindia
