MCA has further extended the due date of filing Form CSR-2 for the FY 2020-21 to 31st May 2022. Extension of deadline for accounting software with audit trail The applicability of using accounting software having audit trail has been deferred again and now shall be applicable from financial ...
Our articleCapital Gain Calculator on Sale on Property, Mutual Funds, Gold, Stocks explains in detail Additional Details PAN, Aadhaar of buyer required for Capital Gains Residential status in India in ITR 2, 3 The income tax rules and perks of NRI are different from those applicable to resident...
Hi all,It was a pleasure to talk to you on my Facebook page yesterday, and answer your income tax and tax saving investment related questions.I am glad that I could be of help, and we would definitely have more such sessions before the end of the investment season. A background …[Re...
I am using TaxCloudIndia for past 2 years, and personally found this one of the best ITR filing software. Highly efficient and very user friendly. Rajat Sethi Rajat Sethi & Associates Get started→ Your clients’ data is safe and secure ...
Present in India for less than 60 days during the year and less than 365 days within the last four years Also read - Discover IDFC FIRST Bank NRI Banking Service under 3 minutes! Step 2 – Calculate your taxable income and tax liability Identify and add your income earned in India ...
Any loss made in a capital asset sale can be carried forward in IT returns. However, keep in mind that capital gain loss can be settled against capital gains only. Recommended:How to Download Income Tax Return E-Filing Software? Hence it is paramount to realize that instead of getting sadde...
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT), held that Capital gain exemption could not be refused when an investment is made within the due date of filing Income Tax Returns (ITR). The taxpayer, Munish Babaji Sawant sold a residential f
For foreign sharesheld for less than 24 months,the capital gain is considered asShort Termand it istaxed as per your income slab. For Indian stocks, if you hold the stocks for more than 1 year, then you have to pay tax at the rate of 10% for capital gains of more than 1 lakh. ...
2. He has pension income and no other income. In addition to such pension income he may have also had interest income from the same bank in which he is receiving his pension income; 3. This bank is a specified bank. The Government will be notifying a few banks, which are bank...
For Salaried Individual or With No Business Income PLAN A Salary or Rental Income ₹ 749/- COVERS INCOME FROM Salary Rent from House Property Bank/FD Interest Does not include Business Income Order Now PLAN B Capital Gain & Other Sources ₹ 2,499/- EVERYTHING OF PLAN...