Sponsored
    Follow Us:

Siva Nagaraju

Latest Posts by Siva Nagaraju

Sec. 197 How to apply for non/lower deduction certificate in Form 13

December 31, 2019 152124 Views 10 comments Print

The provisions of Income- tax act impose an obligation on customer (i.e., recipient of service) to withhold certain portion of payment as tax deduction at source. Accordingly, the customer deducts such portion and releases the balance amount. Assuming TDS rate is 10% and bill value is Rs. 50,000/-, service provider would get Rs. 45,000/- in […]

Income tax perspective – Sale of Immovable Property by a Non Resident Indian

August 23, 2019 5013 Views 2 comments Print

A sale transaction between a non-resident (NRI) seller and resident buyer needs planning by seller and buyer shall take abundant caution. In most of the cases, misconceptions in the minds of buyers resulting into serious non-compliances and lack of awareness among sellers resulting into liquidity crunch. Through this article, I am making an effort to […]

Sponsored
Sponsored
Search Post by Date
July 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
28293031