As for indual man below 60 years Advance Tax deducted from salary every month & income from Interest as TDS is concider for deduction from Gross income As I thought Net Gross income =Gross income - (Advance Tax+TDS ) is concidered or not
If a payment (exceeding Rs. 5 Lakhs) to NRI is taxable in India as per normal provision of IT Act but not taxable as per respective DTAA, then Part-C or Part-D of Form 15CA required to be filled in? Please kindly suggest.
Hello guys. Can someone experienced provide me brief idea about what to do and how much to pay what ever. I don't wanna ask to my accountant before getting some info because he will cost me. Last year I got around $200K from a friend to my corporation. I got $260 from a lender and I bought a house from foreclosure auction for the total of $460K. My corp owns the house now. I spent a lot for repairs and the payments to the lender. Total spending is around, let's say, $200K. Now I'm selling the house for $860K. So the income for this year will be that amount. All the spending was made in last year so I think I can't deduct them from this years tax. Am I going to pay full income tax over $860K this year? I don't know anything about this kind of house selling income tax. Do I pay taxes for this to NY and IRS? What about NYC? I'll pay the lend ($260K) back this year. Maybe I can deduct it. Can I?
For 2017, my daughter stayed over my house for more than half of the year, and since is an agreement on our divorce, I'm allowed to claim her every odd year. My tax preparer put me as HoH but now the IRS is stating that I do no xvideos qualify for HoH and I need to return those funds back. How can I go about this? What proof, other than a list of exactly what nights she stayed over, can I provide to the IRS to be able to stay as HoH for that year. Also, part of our custodial agreement is 50/50 but I'm the non-custodial xxx parent. xnxx