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Income Tax Advice

Have Queries on Indian Income Tax?

Looking for Income Tax Advice? Do you have questions about Indian Income Tax? This is the place where you can ask a question about anything related to Income Tax and We will give you an answer.

It's free and it's easy to do. Scroll down the page to Ask questions about Indian Income tax.

We would be answering your question and placing it in FAQ, which link would be given to you for viewing your answer. Of course, your identity would be kept secret.

Rather than answering individual questions via email, this will give everyone a chance to ask their questions about Income Tax, read about problems that others are having, and find out how to solve them.

Of course you can still contact us if you have a question that needs a personal response.

If you have questions or problems that are not about Indian Income tax, please do not ask them on this page.


Read the Other Visitors Queries

Click below to see queries from other visitors to this page...

Set off of Unabsorbed Depreciation  Not rated yet
Can unabsorbed depreciation be set off against income in the nature of STCG on Depreciable Assets? Any case law is there?

[Reply from M/s.V.Krishnan ...

Individual Businessman Income tax Calculation   Not rated yet
I am an individual businessman. My nature of business is interior decorators, painting & aluminium fabrications on contract basis. The problem is all advance ...

GIFTS are taxable or not?  Not rated yet
What are the tax implications of giving a gift to my parents? Will it be taxable, how do I show it under which section of indian income tax?

Myself ...

Income generated from gift to HUF  Not rated yet
If the Karta of an HUF gives a gift to his own HUF, and the HUF generates income out of it, will this HUF income be clubbed with the Karta's income for ...

Income Tax Revised Return - Requirements?  Not rated yet
We want to file a revised return. Reason of revision is wrong entry made in books of accounts. Because of which Balance Sheet is showing wrong picture....


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