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Question & Answer


V

Vivek U Dixit

28 Dec 2020

I want to ask regarding IT Section 80GG

Replies (1)                          

CA Navin Jain       5 Jan 2021

Please connect on +91 9830375894/ canavinjain1@gmail.com

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N

Nupur Kinger

28 Dec 2020

I am a freelance contractor, an Indian citizen and living in Thailand. I receive my income from a US-based company in USD which I transfer to my Indian account in INR. How should I file my income tax returns?

Replies (2)                          

CA Naman Maloo       3 Jan 2021

If you live in Thailand you must be non resident in India.
You can book consultation for same: https://www.taxontips.com/tax-notice-personal-consultation/

CA Navin Jain       5 Jan 2021

Please connect on +91 9830375894/ canavinjain1@gmail.com

T&C apply


P

Prasanna

27 Dec 2020

I have 2 self occupied flats with ongoing housing loans. how to get tax benefits from both flats?

Replies (1)                          

CA Naman Maloo       3 Jan 2021

You can take benefit of upto ₹2 lakh for both house combined

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G

Ganesh

27 Dec 2020

I bought my first apartment in Bangalore In Dec 2019. I was not able to move in till Sep 2020 due to the COVID situation and labour migration issues. I was staying in a rented accommodation till end of September 2020. Is there a way of claiming both HRA as well as interest from housing loan as deductibles.

Replies (1)                          

CA Naman Maloo       3 Jan 2021

Yes you can

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K

Kashif Khalid

26 Dec 2020

I am a freelancer and I earn from foreign clients via PayPal and direct bank transfers. If my income exceeds 5 lakh should I really submit IT forms or I should not get into it yet unless my income becomes double and triple than it?

Replies (2)                          

CA Naman Maloo       3 Jan 2021

If your income is above ₹2.5 lakh you have to file return of income.
You can read more here: https://www.taxontips.com/who-needs-to-file-income-tax-return-or-who-should-file-income-tax-return/

CA Navin Jain       5 Jan 2021

Please connect on +91 9830375894/ canavinjain1@gmail.com

T&C apply