I have given my friend around 5 lakh rupee for his study....I want to show as a gift. Can I show that as gift. And if yes, how much tax he has to pay. He is student and he has no other income

Dear Sir
Whether Expenses incurred on medical treatment of Heart Daises is allowable as deduction under Income Tax Act 1961 ?

Hello, I have completed my CA Final first group. For some reasons I want to start job now. I will be doing my 2nd group simultaneously. Should I opt for banking job (private sector) or should I apply for internal audit post in MNCs

What would be my expected designation and salary.
Also consider carrer growth.

TIA

Dear sir/ Madam
Actually what happened is my client(Pvt Ltd Company) purchased a Land in 2016 aug. The cost is 89,62,000/-. no tds deducted at that time . registration procedure completed. After knowing the concept of 194IA i wrongly deposited the tax amount in One of director PAN instead of Company PAN. nothing done later.... what are the consequences will i face ? please clarify in detail.

sir/ madam
i have to submit my audit report for professional bussiness, so kindly let me know which audit report i have to submitted .

thanking you

ishfaq ahmad

Hi all

I am dealing second-hand car business, suppose I have purchased a used car for Rs. 15 lakh and additionally spend some repairing, reconditioning and insurance expense for Rs.1 lakh and I sold the same for Rs.18 lakh What will be my Margin?

18 lakh - 15 lakh = 3Lakh
or
18lakh-15lakh-1lakh = 2 Lakh

I am a salaried employee and have taken a rented accommodation for which I am paying 15K per month (my land lord not providing his PAN). The HRA from salary was 3.9 L per annum. How can I reduce the tax liability in this case? Can I provide my mom pan card number and claim the HRA deduction? and transfer rent to her account and provide as proof.

Thanks in advance,

whenever party gives service charges extra bill than how much tds will be deducted and which section.

I need to clarify about the ITC on capital goods:
We spent the capital expenditure for making of interiors and exterior of the function halls. We have a purchase bills of Tiles, Sanitariware, Iron, paints, generator and lift . Can we claim the ITC on capital goods for function halls business.

here one party submit the bill items of camera ,cable laying charges, and cabling and installation charges. how much tds will be deducted or which section. please guide me.