i got gift from jewllery shop on lucky drow
gift is worth rs.25000, as per there claim,
gift was given to me, after one month they are call for income tax 30% on gift which they give me what should i do

Mr A is proprietor of a retail business concern and tax audit and vat audit is applicable, Now he wants to retire and handover the business to his two sons,

What procedure should he follow, to tranfer ownership to his sons?

Also from tax planning point of view, is partnership beneficial or Proprietership or LLP?

Pl guide and let me know the process as well,

Dear Sir,

Please let me know the difference between
entry tax and entry permit.

Can we reimburse RTO tax from client?
What is the RTO tax policy of Rajasthan?

Regards
NLAV

sir
my father is getting income from sahara corporations, i want to file returns for the AY 2013-14, TDS is deducted 194 h under which head i have to consider it either in other sources or PGBP.
please let me know is there any presumptive income considerations or any adhoc deductions

Respected Members,

I have a loss from Commodity Trading.Please tell where i show this loss in Income tax return and under which head..

Kindly help me out on this.

i m state govt employee and net total salary amount as per form16 is Rs 389623 and amount shown in 26AS is RS 421211. in 26AS amt credited/paid is RS 421211 and how to check whether is it gross or net and i checked form 16 wherein Rs389623 is net salary income and my 80c deduction is rs1lac and also u/s80U rs50000 is also available to me. and in 26AS Tds amt is Rs4340 and in form16 tax on rs389623 is rs 4081 and a refund of rs 289 comes to me so what should i do? it has becomes a lot of worry to me please reply? so whether i should claim amount in my return Rs 389623 or 421211 and also should i fill return online or manually? please guaide me.what should i do?

Dear Expert,

Please clarify whether stamp duty and other expenses like maintenance, deposits with govt will be added to the sale consideration while computing 1% TDS u/s 194IA?

Thanks in advance.

Dear Experts,

There is a query from my client

"He has already deposited TDS on sale of immovable property. However he is not able to generate TDS certificate.Now how TDS certificate can be generated."

Please advice

Dear Sir

we have made tds e-payment in wrong section code in challan i.e. insteade of writing 94 c entered as 94J (somepart of amt is for 94J in same challan). How to make correction in this situation? can we put in tds return under remark coloum as how much is for 94C & How much is for 94J ? pls suggest

question regarding whether wealth tax applies or not
a lady has a house on her name(duly registered property) in a city and her husband (expired) had another house on his name (through power of attorney).Till date the house on husband's name has not been transferred to her wife or any children. is the wealth tax applicable in this situation?cost of both the houses is above 30 lacs.