It assess some money amount and some shares gift to below mentioned persons.
1.some money and some shares gift to wife
2 some money and some shares gift to son in law.
3.some money and some shares gift to own brother.
Question:
It assess above mentioned gift transactions taxable or exempted in it act

Hii Expert,

We have applied Refund on account of Supplies to SEZ unit/ SEZ Developer (with payment of tax) for the period of March 2020, first time department rejected with the reason of incomplete documents & issued memo & suggest file new refund application with proper documents. We have filed new application by 10/06/2021 & now department rejected application of refund with the reason "FROM 01.02.2019 GST REFUND ON ACCOUNT OF SUPPLYTO SEZ WITH PAYMENT OF TAX IS NOT ALLOWED AS PERTHE CENTRAL GOODS AND SERVICES TAX (AMENDMENT)ACT, 2018, DT. 29/08/2018" & issued show cause notice.

Is there any such amendment in sec. 54 of CGST act 2017 ??? We can not avail refund on account of supply to sez with payment of tax. ???

Pls clarify the same.

Thanks in advance.

Dear Experts
As per Rule 6 of FCRA, individuals receiving amount more than 1 lakhs from relatives are required to file form FC1. My doubt is whether it includes all relatives or only persons having foreign citizenship.

Please Help

Dear Expert,

A software services (Indian Private limited) company exporting services partially to USA... Can the company avail any export oriented benefits giving by the government..

Kindly do the needful

HOW LONG WE PRESERVE THE BOOKS OF ACCOUNT .

WE RECEIVED THE ASSESSMENT NOTICE FOR RECORVERY THE YEAR 2006 - 07.

Mr A is leaving in the lease property paying Rs 2000000 . Can he claim HRA Deduction by providing rent receipts which is of 12% pa of lease amount i.e Rs 240000 which is equivalent to market rent to employer for claiming the HRA Deduction

Dear Experts,

As per recent notification of Income tax department the launched compliance check functionality for Section 206AB & 206CCA of Income Tax Act,1961.

My query is that, on Income tax portal, from where i can get the functionality or from where i found the same?

What is a complete procedure and compliance requirement to change status of director from non-executive to executive?

Respected Sir,

How to file TDS Return through new portal of income tax as the new site is not working properly.

With kindest regards

TARIQUE RIZVI

My friend bought medical insurance for his dependent parents on which he wants to claim tax deduction u/s 89D. However he made the payment from his wife's bank account as he was getting a special discount on the premium by making the payment through that bank. Can he transfer the same amount to his wife's account and claim 80d deduction on his ITR ( Wife is not income tax payee) ? Or does he have to make premium payment from his own account only to claim benefit of 80D ?