New Delhi, May 19 -- -Name withheld on request. I am assuming that you qualify as a non-resident ('NR') in India, as per the relevant income tax provisions, and also that you do not qualify as a deem... Read More
New Delhi, May 12 -- -Name withheld on request The income from Reits and Invits (collectively referred to as 'business trusts') are accorded the status of pass-through income (PTI). Any income distri... Read More
New Delhi, May 5 -- -Name withheld on request As per the provisions of Income-tax Act, capital gains arising from transfer of a long-term capital asset being equity share in a company or units of equ... Read More
New Delhi, April 28 -- From the facts provided, we understand that as per the joint holding policy of the fund (anyone or survivor), units of the ELSS fund would be transmitted to or inherited by the ... Read More
New Delhi, April 22 -- -Name withheld on request Taxability of an individual depends on the residential status in India under the domestic tax laws, which in turn is dependent on the physical presenc... Read More
New Delhi, March 24 -- -Name withheld on request Form 15H is a self-declaration for non-deduction of taxes at source which can be submitted by an eligible person to the payor of specified incomes. S... Read More