Easy Office
LCI Learning


DIVYESH JAIN
17 May 2024 at 10:44

Transferring funds from abroad

Dear Sir,

My wife was working in Ireland from Nov 2021 to Nov 2023 and has earned Salary income in her bank account in Ireland. Now she is settled in India from the past 3 months and will be permanently staying in India. She wants to transfer the amount earned in Ireland to India.

My question is whether she needs to open an NRE account here in India to transfer the amount from Ireland or she can directly transfer in her saving account here in India the entire amount in one go. The taxes on income earned in Ireland has already been paid.

Please help me resolve the query.

Regards,
Divyesh Jain


Nallagonda Visweswara Rao
17 May 2024 at 00:30

Error solution required

how to solve
T_FV_6351 error in th latest 2023-24 Q4 error RPU file


Aakash Kumar
16 May 2024 at 23:31

Deduction while Filing ITR-1

Do we have to report all investments when filing ITR-1, even if there is no income tax liability after claiming deductions for investments?


Sunil Jadhao
16 May 2024 at 23:28

TDS Vs Advance Tax

Respected Sir,
I am Paying my Tax Liability by myself in the form of Advance Tax ,instead of TDS through my office.Office clerk says that by doing office may get I.T.department notice.
My question is 1) Really such notice can serve department to office.
2) Can I deposite tax on office TAN with my name sothat I can prove deposite tax is filled by me.


malini
16 May 2024 at 19:21

T_FV_6351 TDS return error

How to solve


Neha Verma
16 May 2024 at 17:55

TDS 6351 ERROR

Other special allowance 10(14) error in TDS return-error code 6351
can somebody plz help


david
16 May 2024 at 16:58

Book Publishers New Zealand

Our talented book writers are devoted to assisting writers in realizing their publishing dreams and reaching the pinnacle of success. As New Zealand's premier book publishing firm, https://www.bookpublishers.co.nz/poetry-book-publishing is proud of its capacity to provide extraordinary outcomes.


INDRAVADAN

AY 2017-18
Head: Capital Gain out of Long term residential property
No exemption availed, straight forward tax to be paid
Seller: (1) Mrs. J (75% share) mother
(2) Ms. N (25% share) daughter
Buyer: (1) Mrs. R (100% share)

Case summary: (i) capital gain has been rightly shown in Mrs. J (75%) and Ms. N (25%)
(ii) TDS credit has been claimed accordingly of 75% and 25% in both
(iii) But, buyer Mrs. R has deposited 100% TDS credit on the PAN of Ms. N only. Hence all the 100% credit is reflecting in 26AS of daughter Ms. N

Problem: (i) As we have claimed 75% tds credit in Mrs. J there is a shortfall credit of 75% in Mrs. J
(ii) As we have claimed only 25% credit in Ms. N there is an Excess credit of 75% in Ms. N

Return status: (i) As on 14/05/2024 rectification order has been passed by local AO where Mrs. J has not been provided with any credit of 75% as there is no credit reflecting in 26AS of mother Ms. N

Query: What would be the way that Mrs. J can get the credit which is excess in Ms.N?


raghavendra b

DEAR SIR,

WHILE FILING ITR FOR THE ASS YEAR 2024-2025 WHEN OPTING OUT FROM NEW TAX REGIME TO OLD REGIME COMPULSORY FILE FORM 10IEA. NOW IF PREVIOUSLY FORM 10IEA NOT FILED INDIVIDUALS JUST DEFAULT THE NEW TAX REGIME AND FILE THE RETURNS. THOSE WHO HAVE NOT CHOOSED NEW TAX REGIME IN THE PREVIOUS YEARS FORM 10IEA NOT REQUIRED TO FILE JUST DEFAULT NEW REGIME FILE ITR

PLEASE CLARIFY ME

REGARDS


Praveen Kumar

Dear Sir/Madam,
I am my wife in joint ownership have purchased a flat in Greater Noida, Uttar Pradesh and paid the total consideration( including 1% TDS ). Both of us paid half of total consideration individually to complete full consideration. So, now builder has asked to pay the stamp duty and registry fees.
Kindly resolve following queries.

Query (1) Whether the stamp duty can be paid by any one of us or will have to be paid up by both of us to SHCIL , Uttar Pradesh ?
Query (2) Whether the stamp duty can be paid by online NEFT mode ? I am preferring NEFT mode.
Query (3) Whether the Registry fees can be totally paid online as well ? Builder asked me to pay it 1% cash but I prefer online.

Pls advise.