Idi Nijamey Naa? About Income Tax

[Chitti_Robo_Rebuilt]

I heard Before june 16th we have to declare what is there in our Indian Banks 

Is this true...

 

suppose naa account lo 20L untey emi cheyali ippudu?? transfer chey aney quote thappa verey ey quote aina acceptable 

[Chitti_Robo_Rebuilt]

lttt

[always_happy116]

Aunaaa idem rule vayya. Nenu declare cheyanu

[bokuboy]

20 lakhs ha... baagane sampadisthunnav.. repu stamping ke going kastha na account lo veyyi US embassy ke chupistha  

[gabbarsingh1]

yaaa... nee accounts lo unte... declare cheyali man... mee parents account lo unte.. report cheyalsina avasaram ledu...declare chesi... tax lu kuda kattalsina paristhitulu kanpistunnai.... FBAR anukunta...tax lu chesetodini adugu details chepthadu...

[jadugar]

emi ledu..that rule was there from loing ago

[jadugar]

fbar anedi vachi 2-3 years aithundi...last 2-3 years lo tax returns file chesinappudu mi CA cheppaleda..???

[Chitti_Robo_Rebuilt]

yaaa... nee accounts lo unte... declare cheyali man... mee parents account lo unte.. report cheyalsina avasaram ledu...declare chesi... tax lu kuda kattalsina paristhitulu kanpistunnai.... FBAR anukunta...tax lu chesetodini adugu details chepthadu...

ee penta antha enduku man ee rojey draw cheysthey oka pani aipothadi kadha.. entha limit above untey choopinchali

[jathin]

I heard Before june 16th we have to declare what is there in our Indian Banks 

Is this true...

 

suppose naa account lo 20L untey emi cheyali ippudu?? transfer chey aney quote thappa verey ey quote aina acceptable 

 

Idi chaduvu oopika vuntee...

http://articles.economictimes.indiatimes.com/2014-05-31/news/50229199_1_us-accountholders-ffis-account-tax-compliance-act 

[Chitti_Robo_Rebuilt]

fbar anedi vachi 2-3 years aithundi...last 2-3 years lo tax returns file chesinappudu mi CA cheppaleda..???

no cheppaledu.. cheppadu eymo but naku ardam kaledu anukunta english lo week ley 

but entha limit untey choopinchali mayya??

[gabbarsingh1]

ee penta antha enduku man ee rojey draw cheysthey oka pani aipothadi kadha.. entha limit above untey choopinchali

 

anything above 10K anukunta man... ante.. anytime unna report cheyali anukunta man... consult a pro...
 

[Chitti_Robo_Rebuilt]

anything above 10K anukunta man... ante.. anytime unna report cheyali anukunta man... consult a pro...
 

:3D_Smiles:  avunaa... nenu recnet ga loan teesukoni oka 15L pampincha man.. anthakumundu 5 ey undey pampinchi kooda 1 month kaaledu repu draw cheyamani cheybutha oka 15L and ma dad account lo eysuko ani cheybutha appudu parledhaa??

[jadugar]

yeah...transfer to your parents accounts if possible...else report while filing taxes...u only need to report on the interest earned...u need to pay taxes on the interest earned...

[Chitti_Robo_Rebuilt]

asalu india lo money ki US lo tax kattadam endi vayya???

[gabbarsingh1]

:3D_Smiles:  avunaa... nenu recnet ga loan teesukoni oka 15L pampincha man.. anthakumundu 5 ey undey pampinchi kooda 1 month kaaledu repu draw cheyamani cheybutha oka 15L and ma dad account lo eysuko ani cheybutha appudu parledhaa??

 

nee NRE account lo ki transfer  chestava man? yaa mee parents ki transfer aa amount ki vallu taxes kuda kattalsina avsaram ledu... nuvvu already ikkada kadthunnav kabatti...