Blogs

Sale of ancestral land/Property - NRIs – Tax Implication - TDS

Category : Income Tax Law
" Invariably, it has been seems that Non-Resident Indians (NRIs) inherited land/property situated in India either on occasion of division of their family or by way of gift/WILL of near and dear relatives.   The rules for taxation are the same as for a resident taxpayer. However, NRI is prohibited... "

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22 Oct, 2022

Cryptocurrency And Income Tax

Category : Income Tax Law
" For crypto holders in India, the Income Tax and cryptocurrency clarification was much awaited. In 2022, with the Budget introduction, our Indian government also announced the norms of taxation on the same. The main points that are related to the Tax on cryptocurrencies in India are mentioned below. ... "

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15 Apr, 2022