Query: They have deducted tax for my indian salary component when i was onsite, both in US and in India. Should i file a tax return in US? How to claim the double taxation benefit in India when i file my return in India? Thanks
We have paid service tax in excess. There are no further transactions after the payment. Can we sefoff the excess balance of service tax paid to the sister concern by way of transfering some bills raised in the sister concern to the company in which ST actually paid by way of JVs?
I have paid excess tax in the year 2004-2005. I don’t find any way to get back the excess paid tax return from Income tax dept. Is there a way?
if central banks start minting more and more currency notes and overflow the market with funds, how shall it impact a country’s economy ? Is it a total no no, or is it a requisite at times ?
Hi, I am an NRI holding dual Citizenship of Australia and India. My father is 68 years old and I am looking to purchase his flat in India.
The property is in excess of 70 lacks. Can I avail a home loan as an NRI and purchase his property? If so, which bank provides such kind of loan?
Thanks in advance for your help and assistance on this matter.
In case of loss from house property, I was advised that maximum of Rs.150000 can be set off against income from other heads if it is self occupied. If it is rented out, any amount of loss in excess of Rs. 150000 can also be set off against the income from other heads.