One of my clients, who is a NRI wants to sell his property in India. The property is held in his name since 2004. He has an OCI card but no PAN card. As per my understanding the buyer has to deduct 20% TDS on the sales proceeds. The long term capital gain tax calculated comes out to be lower than the amount of TDS to be deducted. My queries are :-
1. Can the NRI claim refund of tax with OCI card without holding PAN card?
2. If yes, what is the procedure to claim such?
Thanks
wat will b the effect of amendment of proposed dividend in case of amalgamation
i have fd of 6 lakh in bank from 2010. fd got matured in 2017 this year. but the bank has deducted the amount of 80000/- as the pan is not updated tds deducted @ 20%. the bank may had deducted tds yearly now what to do in this case as pan is not updated and this amt is shown in form 26as. and the also bank had never issued me form 16A. i never filed itr also. plz help what to do
is there can be a two previous years for one assessment year please explain to me in this regard.
This is a very common confusion that ITD can track bank account or not.
Some people says it's not possible, ITD can't track bank account but some people says ITD can track bank account.
I believe here many experts are available. Please give a feedback that ITD Really can track bank accounts or not?
This is a very common confusion that ITD can track bank account or not.
Some people says it's not possible, ITD can't track bank account but some people says ITD can track bank account.
I believe here many experts are available. Please give a feedback that ITD Really can track bank accounts or not?
Dear experts.
Please let me know the rates of service tax post 22 jan 2017
1) For Tour operators who sold a complete package
2) hotel booking
3) Air flight booking
Can we use input credit of services availed post 22 jan 2017 notification.
Dear Experts,
I am a grower of Coffee in my land. In the land pepper has also been grown. If I sell my Coffee bears pepper to the local trader, can I receive the price of both Rs.2,55,000/- in Cash. Whether agricultural produce of mine is exempt under the new Section 269ST of the Income Tax Act. Please help me and advise me.
Regards,
C. Durairaj,
Karaikudi
Sale of property by nri