<p>Chartered Accountants India | Cryptocurrency Taxation | NRI Taxation | USDT Arbitrage | UAE Company Incorporation | Outsource Accounting Services | 2024</p>
The Income Tax Department, leveraging advanced database systems, now captures various financial transactions of taxpayers, including Non-residents (NRIs, OCIs). Despite assumptions that foreign source funds aren't taxable, the absence of Indian Income tax filings prompts the department to verify potential tax evasion and the sources…
Tax planning holds immense significance in financial management, particularly for Crypto Professional & Investors. Going solo without seeking advice can lead to missed opportunities for tax savings, expensive penalties, and legal ramifications. Cryptocurrencies in India are categorized as virtual digital assets (VDAs) and are subject…
The taxation of non-resident Indians (NRIs) in India upon the sale of immovable property is an important aspect governed by Indian tax laws. When NRIs sell property in India, they encounter specific tax obligations and considerations that necessitate careful understanding and compliance with Income Tax…