I had remitted to my daughter in canada amount which is below Rs 7 lakh which is being reflected in AIS/TIS in AY 2024-25. TCS is nil as amount is well below Rs. 7 lakh. Is it necessary to show this amount in ITR1?. As TCS is nil there will not be any necessity to show this amount in ITR1. PLEASE GUIDE.
Maine apni mummy ka ek new acc open kiya hai hdfc mein, phele SBI mein tha, to maine sbi se 15 lac ( ek baar 10 ek baar 5) HDFC transfer kar diye ab kya hoga plz reply
Sir maine ek sal me 7lc k under 690k rs ki intentnal trasctions ki Dubai se kuj buy kiya vo bahr paisa bhejne ki app h meri incme uspe 25k h 0% forex chargs me niyo global k DCB bank se ki Usme 7lc ki total trnstions krk 25k incme whole year me to kya mujhe ITR bhrna is 2024 april tk jruri h mai hmesha ITR bhrta nhi aya hun to ab jruri h kya or agar maine nhi bhri to kya koi notice to nhi ayega ed se ki 7lc ka b kya buy kiya bill dikhao 7lc k under ki h
Sir g 1 july ke agar mai apne india ke account se apne foreign bank account me self transfer krta hu to v 20% tcs lgega agar amount 7 lackh se kam h to??
Sir many appne son ki tution fee Canada 10 lakh se uper beji hai, 335153 amount pe 16758 TCS kata hai, kya 335153 amount gross total income me fill karna hai ?
Sir ex. Jo person foreign mai job karte hai . foreign se apne parents & wife & childern & other relatives ko ya phir apne friends ko Money bejte hai to kya rule hai is per video banaye
the amount ₹6.5 lakh is less than ₹7 lakh, no TCS will be applicable on this transaction. However, if your total remittances in the financial year exceed ₹7 lakh, then TCS will be charged at 5% on the amount exceeding ₹7 lakh. But for now, ₹6.5 lakh being under the limit, TCS nahi lagega
TCS exemption or a lower rate certificate can be applied under Section 206C(9) of the Income Tax Act through Form 13 To apply for a TCS Exemption or TCS Waiver Certificate, you need to submit Form 13 with the necessary documentation through the TRACES portal. The exemption will be based on the assessment by the Income Tax Department, and a certificate will be issued if the criteria are met.
Loot macha rakhi hai sarkar ne... Govt me daku bethe hai.. 20% tax kon leta hai... Sala mera business hai ab profit hi 5% hai to 20% tax kaha se de? Chor h sarkar...
Sir,I have made international payment as a student fee to canada by taking educational loan of 4 lakh. The total amount is 12 lakh and the tcs from lulu forex cost me 5 percent not 0.5 percent though it is an educational loan .please suggests me how can i claim refund?
@@CASumitSharma my query is if I am make a payment of 500 dollars in 1 time from my credit card, What is the maximum amount I should not cross in a Financial Year
