NRI has paid advance for vying an apartment to a builder. Now due to pandemic situation, the NRI decides cancel the deal. The builder has agreed to pay back the money. What is the tax liability in the hands of NRI if it is received ion an NRO account in India
Menu
At ability of receipt of advance paid to a builder for an apartment
Replies (4)
No income or receipt in the hands of NRI no liablliab in his hands
Thanks for your reply
Brother Zero liabilities in the hand of NRI.
| Originally posted by : P.Venkita Raman | ||
 |
Thanks for your reply |  |
It's my pleasure. But take a note that NRI has no regd and recipts in India except these returns of advances
Recent Threads
- Discuss and Download CA Inter Question Paper Janua
- Discuss and Download CA Final Question Paper Janua
- Accounting Entry for samples received from princip
- Many of my clients who are bank employees received
- Missed filing for AY 2022-23. TDS refund possible
- Form 26QB: Assessment Year Based on Payment Date o
- Revision of Tax Audit
- IT Return 2023-24
- LUT for Companies Using EVC and Not DSC?
- UDIN Generation 44ADA
Related Threads
CAclubindia
