Hi All

Our flat is undergoing re-development and we are receiving a sum of Rs 5 lakhs in two cheques of Rs 2.5lakh each.The amout will be received from the builder doing the re development.
The same i will be receiving as gift of 5 lakhs in two cheques of 2.5 Lakhs each from my mother. I have a education loan to replay and the amount will be a gift out of love and affection. Can anyone please tell me if the gift is exempt from tax, the formt of the deed and if registration of the same is required.
I am 32 years old and my mother is 67 and she is a house wife.I am not working due to a health problem and my mother is not playing taxes as she is a house wife.
Can you please let me know the answer as soon as possible, appreciate the efforts.



Thanks

An individual Mr.A sale his AGRICULTURAL LAND to a listed Company and received consideration in two ways.
1. Consideration as per the Govt. rate(i.e. Stamp Value) and
2. Land development cost

is the land development cost received by the seller chargeable to tax.

What will be my attmept if I join my articleship from 1st may??

Dear Sir
Is there any option to upload E tds Returns with out going NSDL office for Different TAN numbers as Like NSDL do for ETDS?

as im persuing my b.com 2nd year from ignou which is a correspondence course whether it is mandatory to give a leave certificate or not.
I have sent my articleship form along with form no 112 but institute is asking for leave certificate from college wht should i do?

Dear Members
While uploading Form 1,18 & 32 of new pvt ltd company,I have paid the stamp duty and filing fees on 02 mar 2013 and both of the payments have been deducted my bank account and both receipts have been generated .
On checking the transaction status of SRN(B69329050) at mca message appeared
waiting for stamp duty payment.
On checking the payment status FOR STAMP DUTY SRN(D05400056) at mca message appeared
Payment Confirmed.Transaction is being processed by System
(From 02 Mar 2013 To 12April 2013)
Today (13Apr 2013) On checking the payment status FOR STAMP DUTY SRN at MCA message appeared
Payment Unsuccessful. No Transaction Initiated
Now I want to know
1.How should I pay the stamp duty now.
as I tried the option "pay stamp duty" by using e filing SRN (ie B69329050)the message appears
This SRN (B69329050)in under process.
2.How will I get payment of stamp duty back as same is not credited back to my bank a/c.
Thanks in Advance

is transfer of Articles is possible after completion of one year period..???

Respected Sir,
I joined for training while doing my ICWAI Intermedite. I will be completing 1 year training this june. Unfortunately i'm still not able to clear my intermediate stage during training. I find it difficult to manage training and studies together. Since i've signed the training deed for 3 years with my principal, is there any way i can resign from there and concntrate on my studies? If yes please tell me the procedure to do, If no, kindly advice me what i can do to get my ICWA. ICWA is my dream and i cant let it go.

Thanks in advance.

Srikanth

dear sir,
I have passed ipcc and completed one and a half year of my articleship. How can i get ATC certificate.

Sir please tell me what is the rate of Cash reserve ratio & rate of provision to be made in sub standard assets (Unsecured Portion ) & Statutory Liquidity Ratio Applicable For May 2013