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RONI
14 July 2019 at 21:26

Account

Sir, For calculating taxation on mutual fund ,indexation required to do or not. Sir, For identifying short term /long-term capital gain on mutual fund.Sir we have to consider 36 months or 12 months .


nikky

Recently I read in the news that the government is trying to catch hold of NRIs. Their rules will be more strict.

I know if you are more than 182 days outside india, then you can be considererd as NRI.

But recently found this rule on cleartax:

You are considered an Indian resident for a financial year:
i. When you are in India for at least 6 months (182 days to be exact) during the financial year
ii. You are in India for 2 months (60 days) for the year in the previous year and have lived for one whole year (365 days) in the last four years


Based on the 2nd rule, i have lived for 1 year in last 4 years, as i have been out only for 2 years.

So whether i will be a resident of India ?


Harinath Singh
14 July 2019 at 20:52

Interest on kisan vikas patra

My father had invested Rs.5,00,000/- in Kisan Vikas Patra on 06/12/2017 how i came to know or calculate interest accured on KVC on 31.03.2019 for filing interest return. Post office not providing Interest amount


TARIQUE RIZVI
14 July 2019 at 20:34

Sales register from gstr-1

Can we download sales register from the GSTR-1 filed by us for the period from april 18 to march 19


Avinash

I want to prepare Capital A/c of sole proprietor. Kindly tell all possible content of Debit side and Credit Side of Capital A/c of Sole Proprietor. Can i add interest credited on saving or current bank account to credit side of Capital A/c? Also please tell if i Debit following items to Debit side of Capital A/c: Premium on Insurance, Tution Fee, Mutual Fund, PPF etc.? Thanks in advance.



Prashant Kumar P

I purchased an under - construction flat with bank loan last year July 2018. The flat is just complete by May 2019, still vacant and not yet rented till now.
In the income tax return for FY 2018-19 (AY 2019-20), I have indicated the flat as "Deemed let-out" property and specified the interest amount paid for the loan during the FY also.
In this case, if I specify gross rent letable, it affecting the "Income chargeable under the head House Property". In fact, the flat has not at all been rented till now and is vacant as mentioned earlier. Please suggest what do I do?


TARIQUE RIZVI
14 July 2019 at 18:54

Tds on professional charges

Respected Sir

Ay 19-20 whether professional charges are 100% exempted from TDS Deduction ?

Please guide me and oblige.


Sreejith Cheeramath
14 July 2019 at 18:40

44ada

Hi
My friend is an Educational consultant and from his income TDS deducted u/s 194 J.
can he show his income in u/s 44ADA for filing IT Return.
Please help me.


BHOOMIJA
14 July 2019 at 18:07

Turnover

What is turnover for the purpose of Sec.44AD in case of speculative transaction? Is the turnover meaning same as referred to in identifying applicability of Tax Audit u/s 44AB i.e aggregate of positive and negative differences?


Kumar

In ITR 2 where should capital gains from selling of vested RSUs be declared? Will they be considered capital gains even if they are sold after 2 years of vesting?







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