Income Tax

Can a NRI claim tax deduction on premium paid for health insurance (mediclaim)? ...

Dear experts, I am looking to sell a plot of land in Chennai, acquired in 1985-86. 1) For LTCG calculations, cost of acquisition would be the Market value on 1/4/2001 or the guideline value / circle rate as on 1/4/2001?...

I Have 2 Pan cards with different pan nos.Both Pan cards have different Dob for same name.Only one card was used by me for all financial purposes.The other card was not used at all.Please advise what to do to avoid ...

Hello i have around 20lakh worth of bitcoins and i want to study in abroad from that money so now i will apply in university they ask to maintain minimum 10lakh rs ...

i am an INDIVIDUAL who is NOT liable to get audited us Sec 44AB. I am paying ₹1,00,000/- to a Broker as commission towards Sale of Immovable property. Am i exempt from Deducting TDS on this transaction? Thanx in advance. ...

IF I DEPOSIT PPF BETWEEN 01 APR TO 30 JUN 2020. MAY I CONSIDERED THIS DEPOSIT FOR FY 2020-2021 (AS DATE EXTENDED FOR FY 2019-2020). I HOLD MY PPF SAVING FOR FY20-21 ...

My previous company didn’t settle my final month salary and year completion bonus in the previous financial year. Now, would this salary be taxable even though I haven’t received it? If yes, then who will pay the tax, me or ...

My organisation has given us an option to do IT declaration using any of the options either new tax regime 2020-21 or the old tax regime . I wanted to know which one is more beneficial to opt with as ...

Hi , I had filed my income tax return for AY 2019-20 before due date i.e. on 13 Aug 2019. This return was rendered defective by the income tax department. I rectified the return on 28th September and uploaded the same....

I have filed IT Return for my wife for AY 2019-20 after the due date. The ITR includes loss in share trading (business loss) and gets carried forward in the absence of set-off during the FY. The IT CPC, Bengaluru ...