My family consist of my parents and wife. So, we are four. I am earning person and because of salary income, I hardly find ways to save taxes. I think creation of HUF is the best solution for me. But I have some questions. They are:
1)How to transfer money while creating HUF?
2)Should HUF be of mine? or my father? What is advisable?
3)After creating HUF, how can I transfer money to HUF? so that correspondingly I can make further investments from HUF.
4)Last but not least. Is HUF only beneficial who have business income and not for salaried class people?

In Traces website, for our TAN, we are able to complete the activation process and activate the Login. But when we tried to put user name and password for login in Traces, it is showing as invalid details.

As per Traces, first time login should be done using user name and password as in TIN. This also we tried but it is not working.

Kindly guide.

Hello,

Please let me know the difference between Invoice value and FOB Value and also kindly suggest me which value should i take in Monthly sales returns for filing purpose.

Thanks..

IS tds applicable on transporter's payment ?

Dear sir ,

I have to apply for the PAN CARD online but when I went to site I was not able to fill the AO TYPE,AO NUMBER ,RANGE CODE ,AREA CODE. I could not find my own details from the link they provided to us. Please reply soon it's urgent
REGARDS
Anand

Office of official liquidator is required to submit Income Tax Return of Companies under Liquidator in Income Tax Act. winding up proceeds official liquidator sells property/assets of the company to pay secured creditor. what is tax liability on sale of property looking into the following fact

1. Net worth of the Company is negative in view of accumulated losses. ie there is no surplus after payment to secured/unsecured creditors. Refers Sec 50B of Income Tax Act 1961

2. Cost of acquisition/W.D.V of the assets sold is not know to official Liquidator.

what is the procedure to claim refund of tax for last three previous year if the person has not filed his return for any previous year. such person is an agent in the insurance company.

Can anybody please give me a comprehensive list of various taxes, direct or indirect, levied by SG/CG/Local Authority, that are applicble to a manufacturing unit in India.

SITE NAME FOR LATEST IDT/DT CASES

what should a person can do to save wealth tax?
whether he can show deemed rent in income tax and pay tax on it instead of paying wealth tax.