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 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
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 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 ?
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.
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...
@@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
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?
👉For Professionals Help Click Here - bit.ly/casumit
GOOD INFORMATION
Thanks
Very helpful information
Thank you
Well explained informative videos
👍
Dear friends आप itr 1व2 मे डेमो बता प्रैक्टिकल समझावे,और अधिक जानकारी के वीडियो अपलोड करें
Videos already uploaded
Sumit ji, What will be the new rules of TCS from 1st July for NRIs if they remit money to their own account or their relatives accouts abroad.
Very apt question.
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 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
Online transaction bol rhe hai ais tis 26 as me to better to file ITR
Hello bro kiya aap crypto purchase krte Dubai se or sell krte ho india please reply
@@dummyiindia5593 yes
@@dummyiindia5593 nhi bhai
dekhlo kya bhav pdega 20 percnt k hisab se
रिफंड क्लेम कैसे करना है वह प्रेक्टिकल तो बताया नही।
File ITR and claim refund
How to file ITR 1,2,3,4 videos already uploaded
1 lack USA me bhejne pr Kitna charge lgega...please guide
No tax
Forex Charges depend upon bank
Sir mera business hai outsourcing aur software kaa to foreign transaction ki limit kya hogi ??
Paisa aane ki yA Jane ki
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
Self account transfer not reportable transaction
अपनी फॅमिली members को अगर पैसा भेजना हो तो तब भी tcs देना पड़ेगा क्या
Yes
Sir agar ek saal me friends ko only 50 doller hi foreign country perfect money se send karte hai to income tax kitna dena hoga
No
Sir I want to know if my Sister from Overseas send money transfer from Overseas Bank to Bank in India in Savings Account, will TCS be collected.
No tcs on amount received from overseas
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 ?
No
Show your actual income
Foreign se india khud ka account or parents, siblings ke account main paise bhejne pr kitna tax lgta hai?
No tax if sent as gift or loan
Kya tax University tuition fee par bhi lgta hai kya usa mein??
TCS
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.
Just show your actual income
Is it possible Per person in family can send below 7 lcs per year
for education fees
Then no TCS will cut ?
Yes
Limit is for per person per pan card
Sir foreign se India mai cash and per kya tax lagta hai
Depend kon se rha hai
Kise se rha hai
Kis nature ka paisa 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
Agar hm apne alag alag bank se kare to 7 lakh se kam har Bank se to katega? Sir
Sir aap apna number send kr skte?
Same Pan
Doesn't matter 1 account ho ya different
Maine apne aur bete ke joint account se apne another accont mein transfer kiya 13 lakh ,is thereany problem i?
No issue
Bhai agr muje india se singapore 650000 lac bejna h to kitna charge lgega btana
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
@@CASumitSharma bhai mere pr hdfc ka account h agr usse kru to conversations charge kya lgega ye puchna tha please bta do bhai
sir how to tcs exemption certificate or tcs waiver certificate?
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...
TCS is refundable if overall income below 5 lakh after filing ITR
Sahi bola yrr faltu government 🤬 sala har chij mai tax tax profit par tax le leta vo sahi hai lekin jo investment usse bhi tax do had hai
Bhai ye kab tak legal h
What is your exect query
@@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
How they will know is it for education 🤔
Before transferring the fund
The bank or transfer agent will ask the purpose
And might be ask for proofs as well
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?
After year end after filing ITR TDS can be taken Refund
Hllo
Hanji
Please reply
Yes
Sir agar ek saal me friends ko only 50 doller hi foreign country perfect money se send karte hai to income tax kitna dena hoga
Aapka Paisa kise b do
No Tax
Foreign remittance pe TDS deduction ho sakta hai