For an NRI selling property in India, tax enters the picture before the buyer pays a single rupee — and the numbers can be shocking if you haven't planned. This guide breaks down TDS obligations, capi...
#NRI property sale India#TDS on NRI property#Form 128 lower TDS certificate
When a taxpayer passes away, their tax obligations don't. The Income Tax Act places the responsibility squarely on the legal heir to file the return, clear dues, and claim any refunds. Here's a clear,...
#ITR for deceased person#legal heir income tax filing#deceased taxpayer ITR filing
A GST Show Cause Notice feels like a crisis. It isn't — if you know what to do next. Here's how to read the notice correctly, respond strategically, and keep penalties to a minimum.
When you move abroad, Indian tax law is usually the first thing on your mind. But the more immediate — and more often missed — obligation under FEMA concerns your savings account back home. Here's wha...
#FEMA compliance for NRI#NRI banking rules India#NRI financial compliance
Joint Development Agreements promise landowners a great deal — flats, cash, or both, without spending a rupee on construction. But the taxman has strong views on when you've "transferred" your land an...
#Joint Development Agreement#JDA capital gains#landowner JDA taxation
Filing an Indian tax return from abroad is not just an administrative checkbox — get it wrong and you face excess TDS, blocked refunds, or a scrutiny notice years later. Here are the mistakes we see m...
#NRI tax filing India#Form 10F NRI#NRI income tax return
If you freelance — as a consultant, designer, IT professional, or any other specialist — the question of which tax scheme to file under is not a formality. It determines how much tax you pay, whether...
Social media has become a serious profession — and the tax department has caught up. If you earn from brand deals, AdSense, affiliate links, or virtual gifts, this article breaks down exactly what GST...
#ITR for social media influencers#social media income tax India#TDS on brand collaboration
GSTN's advisory dated 20 May 2026 introduces two significant changes to the e-Waybill system — a mandatory new data field for drop-shipping and third-party delivery transactions, and a brand-new facil...
#GSTN advisory May 2026#Bill-To Ship-To e-waybill#e-waybill portal update
As per the rules of the Institute of Chartered Accountants of India (ICAI), Chartered Accountants are not permitted to solicit work or advertise. By proceeding further and clicking on "I AGREE" below, the user acknowledges that:
There has been no advertisement, personal communication, solicitation, invitation or inducement of any sort whatsoever from Thunuguntla & Associates or any of its members to solicit any work through this website.
The user wishes to gain more information about Thunuguntla & Associates for their own information and use. The information provided on this website is for general informational purposes and should not be construed as professional advice.
Thunuguntla & Associates is not liable for any consequence of any action taken by the user relying on the material/information provided on this website.
🔔 Stay Updated!
Get instant tax updates, due date reminders & important notifications.