Sir/Madam
I have some queries regarding share of liquidated company.
We have Shares of Industries and Mazada Ltd 100 no. Company is in liquidation. We want to sale these shares and encash the same. We have physical share certificates in the name of father, which was expired in 2004.
Please guide us, someone need urgent some fund.
Thanks in advance.
I filed my ITR 2 as a resident last year and in the payslips of my US company its mentioned xyz, so I showed all salary and employer name as xyz in both salary head and schedule FA.The address is correct in both the places. Now when I was filing my US tax, I noticed the offer letter mentions xyz LLC. Can this create an issue in the future?
The Advanced Calculator at Income Tax website (https://eportal.incometax.gov.in/iec/foservices/#/TaxCalc/calculator) appears producing wrong calculation pertaining to income details for FY 2024-25 (AY 2025-26).
I request all experts to please guide me how to calculate tax in case of following example, as there is no reliable and publicly available tax calculator online.
Tax regime: Old tax regime
Assessment year: 2025-26
Taxpayer category: Individual
Residential status: Resident
Age: Between 60-79 years (Senior Citizen)
Following capital gains realized on or after 23-07-2024:
1. STCG from Equity mutual funds: Rs. 2,48,000
2. STCG from Non-Equity mutual funds: 1,42,000
3. LTCG from Equity mutual funds: Rs. 1,91,000
4. LTCG from Non-Equity mutual funds: Rs. 2,25,000
FD/Savings Interest: Rs. 2,34,000
Total deductions (u/s 80C and 80TTB): Rs. 2,00,000
HI,
If my brother is transferring money to me: eg INR 60,00,000/- (as gift) in parts , say 5-6 transactions
a) is their any restriction or issue with that?
b) i believe its not taxable, as its my real brother?
c) do we/he need to submit any document?
d) trust their will be no tax deducted at source for it
Please advice urgently
Best Regards
Saurav
Sir,
A registered composition scheme dealer rent paid to landlord un registered for commercial property purpose RCM tax compulsory or exempt from 10-10-24 for composition scheme dealer
Dear Sir,
Kindly confirm as to where we can update the UDIN in ROC annual filing forms in AOC-4 and MGT-7 or MGT-7A.
Thanks and regards,
K.Rajeswari.
Good afternoon sir/s,
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Sale of liquidated company