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Mohd Shadab
Hello,
I earn profit by buying and reselling online gaming accounts.
can you tell me nature of my profit/business and tax rate.
Thanks
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It is taxable @30% + cess
or further Income tax/GST consultation you can approach us at ca.rahuldwivedi@gmail.com or 9004485377.
P
Prashant Negi
TDS on salary
The rate of TDS will depend upon the tax slab rates applicable to the individual based on his total income. For any IT-related consultancy, you can connect with me at ca.pujasharma@outlook.com
CA Rahul Dwivedi 21 Jun 2022Dear Prashant Negi,
Tax(TDS) on salary is deducted on the basis of Slab. However one choose old or new regime of tax depending on his Investment, to save the tax.
or further Income tax/GST consultation you can approach us at ca.rahuldwivedi@gmail.com or 9004485377.
S
Shaurya
I wanted to know what all information can be collected via the new RBI regulation on account aggregation and how I can use it and collect it from providers like banks and governments.
V
Vrajesh
Sir, planning to purchase home in name of me, my father and my mother. Can I take an amount as home loan from my father to give it to seller of home and get tax exemption under Section 24 ? Please reply at your earliest
Yes, you can take a home loan from your father and claim interest paid on the home loan as a deduction u/s 24(b). The Income Tax Act of 1961 does not specify that this deduction will be available only if the loan is taken from specified banks. Your father has to issue you an interest repayment certificate, and he will also be required to report the interest income in his ITR.
For any assistance in IT-related filing, you can connect with me at ca.pujasharma@outlook.com.
M
Mohan
Sir i am in transport service provider to renting a vehicle to a law and engineering college which is affilated to ip university what is a gst rate
