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Ninad Ramdasi Article rating: 5.0

I am holding shares of a private limited company with an investment value of ₹1 crore. The company is now under liquidation. It has ₹4 crore in the bank account which is accumulated over a period of years out of the profit of the company. I was told by the liquidator that on distribution, they will deduct 10 per cent withholding tax. Can you clarify whether the action of the liquidator is correct and what would be the tax implication in my hand?

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Ninad Ramdasi Article rating: 4.0

Tax Queries By Jayesh Dadia Chartered Accountant 

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Tax Queries By Jayesh Dadia Chartered Accountant 

Ninad Ramdasi Article rating: 4.2

I am employed with a closely held private limited company. During the current financial year, I resigned and claimed encashment of leave salary of ₹ 3 lakhs. The employer wants to tax this amount since the same is encashment not on retirement but on resignation. What is your view? 

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Tax Queries By Jayesh Dadia Chartered Accountant 

Ninad Ramdasi Article rating: 4.1

I am an individual and doing F and O activity (derivatives) at Nifty through a registered broker.

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Tax Jayesh Dadia Chartered Accountant

Ninad Ramdasi Article rating: 5.0

I am a non-resident settled in Singapore. I hold investments in equities of Indian listed companies.

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Ninad Ramdasi Article rating: 5.0

Tax Queries by Jayesh Dadia, Chartered Accountant

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Ninad Ramdasi Article rating: 5.0

Tax queries by Jayesh Dadia Chartered Accountant 

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Ninad Ramdasi Article rating: 5.0

I am an individual. The Indian Railways had acquired my land situated in my native village for a total consideration of ₹10 crore as compulsory acquisition. Although the compensation was determined in 2016 I received the same in the current financial year along with interest of ₹2 crore.

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Income Tax Queries by Jayesh Dadia, CA

Ninad Ramdasi Article rating: 5.0

I am an individual. I own four residential houses.

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Ninad Ramdasi Article rating: 5.0

Tax queries by Jayesh Dadia Chartered Accountant

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Tax Queries by Jayesh Dadia Chartered Accountant

Ninad Ramdasi Article rating: 4.7

In the current financial year I have signed one sale agreement as a power of attorney holder on behalf of the property owner. The sale consideration was received in my name and was credited to my bank account which subsequently I have transferred to the account of the owner.

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Ninad Ramdasi Article rating: 3.0

Tax Queries by Jayesh Dadia Chartered Accountant

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