N
Nikhil
I have general inquiry on below scenario of myself moving to Singapore:
1. I have income in my current company till approx 20-Sep-2022
2. I will be moving to Singapore on 26-Sep-2022 and earning in Singapore dollars will be started.
Questions:
1. In India, FY 2022-2023 - Do I need to declare singapore earnings? Will that be taxable?
2. If I send Singapore dollars to India's NRE account, will that amount be taxable?
Please suggest
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If you are moving to singapore before 1st october you will be non resident in India as you are moving out for employment and hence no tax needs to be paid on singapore salary.
Sending amount to NRE account wont be taxable.
You can book consultation at: https://www.taxontips.com/tax-notice-personal-consultation/
A
Ashutosh
Can any other person see my tax documents like form 26as, form 16, AIS etc.?
Form 26AS, AIS and TIS can only be checked by the person who has the login password to your Income Tax Portal.
From 16 can be viewed by your employer company because he issues the same by filing the TDS return.
For any IT-related consultation, you can connect with us at ca.pujasharma@outlook.com
R
Ravindra Kumar Singh
I have paid Rs 220000/ as interest on home loan in year 2020-21 but forgot to claim rebate in that year. Can i now claim rebate for this during this year 2021-22?
No, the benefit on home loan interest payment is only allowed in the payment year.
T&C applyN
Nitish Vaishnav
I am govt employee and want to do future and option (intraday) trading on behalf of my sisters who is contractual employee(not regular govt employee) by using her demat account. I want to know that can i do trading by depositing my money to her demat account or i have to do trading with her money ???
Since you want to do trading from your sisters demat account, its better that you use your sister's funds only. Otherwise open a demat account in your name and carry out the trading from your own funds.
CA Shruti Goyal 1 Aug 2022Hello
It doesnt matter whose money you use, tax will b applicable on your sister as it is her demat account with her PAN.
For further clarification contact cashrutigoyal127@gmail.com
Dear Nitish Vaishnav,
There is one solution in your matter, Open a bank account in your sister's name specifically for trading purpose & keep its Log in Password with you. Link that account with demate account.Whenever needed transfer your money in that account and letter on do trading with that. But everything depends on your understanding with your sister. This is complex solution. Better to trade in your name.
For further assistance you can approach us on ca.rahuldwivedi@gmail.com or 9004485377
A
Ayush
I am a student and my father gives me 1.80 lakh annually as a pocket money, can i file itr of 5 lakh? I have agriculture land which is managed by my father.
Money received from your father as pocket money is not taxable. Agricultural income is not taxable however it is taxable in some conditions. For further clarification plz contact cashrutigoyal127@gmail.com
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