Vivad se Vishwas Scheme De-coded – Case Study on Disputed Tax



tax disputed

Q.1 During an assessment u/s 143, demand of Rs 20,000 has been raised which comprises of disputed tax of Rs 15,000 and interest on such disputed Rs 5,000. What amount of tax is required to be paid under VSV Scheme …

read more

Case Study On Intermediary Service Under GST



gst india

An Individual says Mr. B resident of Delhi (India) providing the services to a German client for selling his products in East Asian Countries (Outside India). He charged from his foreign client @ 5 % on the amount of sell …

read more

Case Study on GST on Services to Own Establishment Based Outside India



gst

A Ltd. located in Gurugram, India providing back hand support services to its branch office situated in USA. He is charging $10,000 per month to his branch office & also get timely payment in convertible foreign exchange from his branch …

read more

Case Study on GST liability for letting Commercial property in India by a Non Resident



GST liability

Mr. A being a NRI staying in USA for the last 20 years is having a commercial property in Delhi, India. He leased out the said property in December, 2019 for a monthly rent of Rs. 5,00,000/- He don’t have …

read more

Case Study on NRI Taxation Having Multiple Countries Residence



vivad se vishvas scheme

Mr. X is having a property situated in Singapore. X wanted to sell that property. For the purposes of Indian Income Tax Act, X is a resident and ordinarily resident, also X is having a permanent home available in India …

read more

Case Study On Taxability of Gift by Resident in India to a Non-resident



tax

Sanjay made gift of $10,000 out of his tax paid income from India on 31st December, 2019 to support his friends Manoj who is non-resident and unemployed in USA for last one year. Query from Sanjay: Whether he would be …

read more

Case Study on Quickbooks Accounting Services



Business Requirement One of our US client was in need of a consultant who can manage their accounting & other related tasks in India since most of the back-end operations of the client were performing in India. Also, Indian clients …

read more