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Snehashish Ghosh
21 January 2018 at 22:08

Gift to brother-in-law - tax or no tax

From my tax paid income, I want to gift Rs 2.5 Lakhs (250000/-) by CHEQUE to my brother-in-law i.e. husband of my sister by blood (‘sagi bahan ka pati’ in hindi). My brother-in-law does not have any other income this financial year.
1. Is it correct that he does not have to pay any tax on the money ?
2. Will a gift deed be needed ?
3. If he invests the money in fixed deposits or share trading this financial year, will the interest on the fixed deposit or profit from share trading be treated as his income or as my income (clubbing?) ? and next financial year ?


vinit garg
21 January 2018 at 21:38

Gst on goverment work

IS GST CHARGE ON CONSTRUCTION WORK DONE FOR PWD. Construction of Road which is non profitable to pwd hence it may not be liable to charge gst. Please tell am I right or not.


hemanta agarwalla
21 January 2018 at 20:41

general knowledge related to economics

If any country export more and import less then can we say that country have higher GDP in comparison with the country which export less but import more???


g kranthi kumar

Dear sir I want to know the penalty for not displaying company name board and GST number


Deeptha Srinivasa Ragavan

Whether family pension received by spouse of a Govt employee is taxable if the spouse is also a Government employee?
If yes kindly quote the relevant section .


swatantra
21 January 2018 at 17:36

Itr filling

An individual receiving his salary from the employer ,who is deducting tds u/s 194c wants to file his itr for AY 2016-17 &2017-18.Which itr form he should use to file his itr for the above stated two assessment year?



Anonymous
21 January 2018 at 14:03

Can i start practice as a tax consultant

I am CA Final student and have failed to clear repetative times. Now I wish to drop CA and start Tax Consultant Practice, Can I start Practice as a Tax Consultant with proper office under my name as Tax Consultant. Do I require to complete any formalities like registration or like that....or can i straight away start my office.
Please Help


S. RAVICHANDRAN
21 January 2018 at 12:21

Tds refund

I AM TRYING TO APPLY REFUND RE ISSUE. BUT THE INCOME TAX NOT ALLOWED TO SELECT THE REFUND REISSUE OPTION THE SCREEN SHOWS THERE IS NO REFUND.

IN THESE CIRCUMSTANCE REVISED RETURN FILING IS ADVISIBLE OR ANY OTHER SOLUTION IS AVAILABLE

PLEASE ADVISE ANY POSSIBLE SOLUTIONS.

REGARDS
S. RAVICHANDRAN


mudita

Can an individual auditor be appointed after a period of completion of 5 years in a company which does not fall u/s 139 (2) after a period of 5 years ?Or cooling period of 5 years is applicable for them as well ?...if not then what difference does it make if company is eligible for rotation or not?



Anonymous
21 January 2018 at 08:43

Ca final study material

Can any one give me a link to the ca final study material may 2018 dt and idt so that I can download it.







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