MAKARAND DAMLE
30 October 2024 at 14:34

Income Tax Return of LLP Partners

LLP is subject to audit under companies act 2013 having turnover of Rs.2.25 Cr

My question is
In this case due date of filing return of income of LLP and its partners is 31st October 2024 for AY 24-25 ?


Janaki A.R
30 October 2024 at 11:32

Clubbing minor income

Child is foreign citizen Father is resident is income accrued in nre and FCNR clubbed and taxable?


dipak desai
30 October 2024 at 10:52

Valuation of diamonds as on 01.04.2001

pl. provide me the valuation of diamonds as on 01.04.2002


Divyesh Ajmera
30 October 2024 at 09:41

Regarding claim of TDS

If we claim full TDS on salary which not reflected in 26AS but will be reflected in some days. Is this problem arises in future?


Akshit Jain
29 October 2024 at 16:36

Duration of RNOR status

If a citizen of India has been non-resident for the past 12 years, for how many years can he retain the RNOR (Not Ordinarily Resident) status - 1 year or 2 years for income tax purposes. Stay in India over the past 7 years is around 900 days


KRISHNAMOORTHY RAVIKUMAR
29 October 2024 at 15:10

Closure of a trust

A Trust was formed in 1996 but not registered as per Trust Act. It got approval from IT Department and 80Gapproval was given and trust activities were carried on without inviting any donations from out siders. Registration at this stage by forming a new Trust means the unregistered trust losses its originality. i.e Pan and IT approvals can not be used.
New PAN and IT approvals to be obtained.only after track record of 3 or 4 years CSR registration can be done.
Please also suggest how to transfer the corpus from unregistered trust to registered trust. (We want to retain the same name)

please suggest best Modus oprandi.


Akshit Jain
29 October 2024 at 13:55

Number of Nominees

Do the RBI rules stipulate that there can be only nominee for a savings account and fixed deposit account?


MAHESHAApro badge
29 October 2024 at 13:06

PTRC Challan

made payment for PTRC Sept 2023 but by mistake period selected Sept 2024.
and that time i made new payment for Sept 2023 and file PTRC return
now i want to use Sept 2024 PTRC challan which payment done in 2023

My query is How to Show in PTRC return?


Akshit Jain

If an Indian citizen lives in Nepal, whether employed or not, would he be considered an NRI (Non-Resident Indian) under
A) FEMA
B) ITA (Income Tax Act)
C) BOTH FEMA and ITA
D) NEITHER FEMA NOR ITA

What is the correct answer - A, B, C or D?


DILIP KUMAR BARANWAL
29 October 2024 at 09:04

Applicable rate of TDS

Dear Team,

If any invoice raised on us during Sep-24 which attract TDS @5% U/s 194H, now what is the TDS rate if the same were accounted in Oct-24 at our end. (As TDS rate revised to 2% from 01.10.24).

Kindly advice.

Regards,

Dilip Baranwal