Income exempt from tax

answered on 13-Apr-24 03:31

Sikkimese woman marrying a non Sikkimese person before April 1 2008 is exempt or not

latest answer

Right

Lavi Lavanya

CA Inter

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94

Residential status

answered on 13-Apr-24 03:31

Ans for this question ...In book it's given option b ..but how

latest answer

ROR is taxable on global income

Lavi Lavanya

CA Inter

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108

Residential status

answered on 15-Apr-24 14:59

Anyone please tell me the answer for this question...X 44 years is a Indian citizen

latest answer

First Year you have to apply the concept of leaving for employment. In second year, special case will not apply since he did not come for visit but he came back permanently.

Lavi Lavanya

CA Inter

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2

88

I need Answers With Proper Workings

answered on 15-Apr-24 14:58

Not able to solve this question

latest answer

Apply the provisions of Premium payable, percentage applicable as compared to sum assured and then decide the taxability.

Dhruvi Jain

CA Inter

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TDS on RPF u/s 193 and tax treatment

answered on 13-Apr-24 03:33

Scenario: An Assesee worked for more than 5 years in one company and left the company and after a gap of 1 year joined another company and worked for 2 years in the next company and left the second company as well. Q1: will the TDS u/s 193 apply as he has continuous service of 5 years in the first company Q2: In case, TDS is applicable, is it only for the second company EPF amount where his service was less than 2 years please give clarity on this situation

latest answer

TDS is only in second case if there is different PF account number

John Selvaraj

CA Inter

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1

83

Basic concepts

answered on 08-Apr-24 09:39

Sir, in this sum the total income exceeds 2 crores, here surcharge is taken as 15 %, but if the income is more than 2 cr then we have to take it as 25% sir?..why it is given like that sir?..

latest answer

Welcome.

shanthini hariharan

CA Inter

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9

104

Credit note and debit note

answered on 08-Apr-24 10:54

What is the time limit to issue credit note under GST as per the amendment( if any) ??

latest answer

Thank you sir 🙏

Code X

CA Inter

★ 960

3

77

Surcharge

answered on 12-May-24 10:57

If income from other sources: 60 Lakhs Income from Capital Gains: 240 Lakhs What would be the rate of surcharge: 15% on total tax liability through both income Or 10% surcharge on other sources and 15% on capital gains?????

latest answer

80% or more then the deduction is 1.25L.

Nikhil Tiwari

CA Inter

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127

Taxation of trust.

answered on 15-Apr-24 14:52

Sir, in the calculation of anonymous donations to be part of normal income, whether such TOTAL Donations include grant received from government?

latest answer

It is practically taken into account.

manideep martha

CA Final

★ 10K+

3

92

Capital gain in q2 pgbp

answered on 08-Apr-24 09:34

Cost of 2 machines =385000( (77000/4)*2) Sales amnt = 10,00,000 Capital gain=615000. This was my calculation. Bt this ansr is different. Kindly advice me . I didn't get the logic.

latest answer

Capital gain would come only when block becomes empty or WDV becomes negative.

1 Minute Review

CA Inter

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73