A
Abhinow Kumar
H
Harpreet Singh
I am a student and received big amount in my bank account from father's bank account in year 2022-2023.do i need to file itr?
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Gift from father as explained by the Income Tax Act is not taxable in the hands of the son. However clubbing provisions U/s.64(2) applicable in case when the Son is a Minor. For professional help, reach us @ www.tarunguptaca.com.
Dear Harpreet,
Money can be received in two ways 1) Gift & 2) Loan.
Please confirm are you going to return it or not accordingly it can be shown, however proper documents needs to be in placed.
For further consultation you can approach us on ca.rahuldwivedi@gmail.com or 9004485377
Its a gift and since it is from your father you won't be required to file return if you don't have any other income.
T&C applyP
Promila
I have a website which sell digital services. The monthly income from the website is 15000 Rs. Do I need to get registered for GST and proprietorship. Currently I am accepting payments through payment gateway through personal PAN.
Providing Services through own website within the state or Outside State:.Threshold limit will be applicable, not required to be compulsorily registered under GST. For professional help, reach us @ www.tarunguptaca.com
I don't think currently you need any GST registration.
For consultation CLICK HERE: https://www.taxontips.com/gst-consultation/
B
Bhaskar Jha
B
Bhaskar Jha
I am working in israel for more than 186 days in a year, but I am paid salary & allowances in India by an Indian company after deduction of taxes.can I claim a refund on my taxes as per NRI rule since I am residing outside India for most of the time
An NRI, like any other individual taxpayer, must file his return of income in India if his gross total income received in India exceeds Rs 2.5 lakh for any given financial year. In case the earnings of the NRI are taxed both abroad and in India, they can undergo exemptions under DTAA (Double Taxation Agreement). For more professional help . reach us @ www.tarunguptaca.com or call at 9216216819
T&C apply
