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Dimple Mehta
Hello, We have an LLC in delaware and approx 10% shares are hold by Indian company , we as LLC wants to issue shares to Indian company employees - please let me know following things:
1.Procedure of LLC(Limited liability company) to issue ESOP to indian company employees
2.Taxation of company and employees both from India and USA points of view, looking into tax treaty Our LLC is associated enterprise with Indian company
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We can help you with the same kindly email us your query on cayashchopra@gmail.com
12 Oct 2019ESOP ISSUED TO NONRESIDENT ALIENS ARE NOT TAX DEDUCTIBLE TO US LLC AS THESE ESOP DOES NOT MEET QUALIFYING SECURITIES REQUIREMENTS. PLAN IN PLR ALLOWS ONLY CERTAIN INTERNATIONAL EMOYEES KNOWN AS "LNSE" WOULD BE ELIGIBLE FOR IT. FOR MORE DETAILS KINDLY CONTACT ME AT CAITANYAVRN@GMAIL.COM , MY DETAILS ARE IN MY PROFILE
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Yogesh
Dear Sir
I m a govt employee,41 years old.I filed in ITR 1 under 80 D head:
(A) Health Insurance Premium - Self and Family (Non Senior citizen)(CGHS) Rs 9750
(B) Medical expenditure - Self and Family including parents (senior citizen) -Rs 108582 (on my family only)
(C) Preventive health check-up - Rs0
Online ITR I in System restricted it to Rs100000 .Now IT deptt has given notice that Assessee is claiming deduction u/s 80Dmore than the specified limit .Variance on accountof Proposed adjustmnet is Rs 25000 Kindly tell how much we can claim as the system itself allowed Rs 100000 under 80D as i have only mentioned in the 80d head sub head B the amount Rs 108582 which i spent on medical treatment of my family ie the amount( & not reimbursed/covered under CGHS )which i paid to hospital through online payment mode.
If only insurance amount can be considered for deduction then where the medical treatment expense has to be mentioned .
Pls guide on the subject as i have to furnish the reply of IT notice
Regards
U can claim medical expenditures under head 80DDB. TO HANDLE YOUR INCOME TAX NOTICE KINDLY CONTACT ME AT CAITANYAVRN@GMAIL.COM
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Gopal Purohit
I want to start cash for swipe business is their any legitimate way to venture into this? If yes tell me the way ahead and operational details. Thanks in advance
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Atharv Vyas
Sir i have a bill of 3.00 crores with gst at 18% amounting nearly 50lk and the counterparty has denied to file r1. I have taken input and audited the balance sheet. What to do ?
File a grievance through GST portal (from your login via User Services) and provide the details of the supplier with invoice copy.
CA Naman Maloo 5 Oct 2019Submit a grievance with GST department along with the copy of bill
12 Oct 2019To claim itc it is more important to have in possession of original tax invoice and you have paid the creditor all amount within 180 days of purchase. So it will help you incase authorities ask you for mismatch. Also keep in possession eway bill. Kindly contact at caitanyavrn@gmail.com
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Abhishek Khanna
I claimed HRA u/s 10(13A) for one part of the year & deduction u/s 80GG for rest of the year when I was unemployed. CPC says it is not allowed, has sent me an adjustment u/s 143(1)(a). I had missed filling form 10BA though. Can both 80GG & HRA be claimed in one FY, in my case?
As per first line of 80GG you cant claim deduction under 80GG if you are claiming exemption u/s 10(13A) eventhough you are salaried for half year.
If you need further assistance feel free to contact me at canamanmaloo@gmail.com
