what is the tax rate on dividend earned by NRI? whether they get basic exemption against dividend income?  

Mr.A purchased mutual fund in fy 2010 to 2021. Then migrated to canada as permanent resident in july 2022. Now in july 2024 sold all mutual fund and ... Read Full Issue

Dear Experts, I was approached by an NRI who had received summons under Section 131(1A) for non-disclosure of financial interest in foreign bank ... Read Full Issue

Is it mandatory to pass the Income Tax Order in case assessment proceedings are initiated u/s 143 or 148. In one of the cases the limitation period ... Read Full Issue

Section 194T of Income Tax mandates for TDS @ 10% on Salary etc. paid to a partner. As per sec.28(v), salary paid to partner is taxed under ... Read Full Issue

A builder is into construction of flats. And decided to sell flats after obtaining of CC only and also not sold nor received any money before CC. ... Read Full Issue

Madams/Sirs, My client is a company engaged in business of providing translation services having principal place of business in Punjab. They have ... Read Full Issue

My client, a private limited company, had accepted a strategic investment comprising CCPS and Equity from an unrelated Non-Resident investor. The ... Read Full Issue