If a father gives 20lac as a gift to son and then the son invests that in a house, who is taxable in this case and what is the tax rate?

Thanks a lot

Sir,
Please suggest TDS liability on Visa Processing Charges, Air Ticket Charges paid to Agent.

Regards,

Sunil Pareek

My TDS Deducted on Commission ( Lic Of India ) I Have Revecived 16 A . I have no Idea how to Refund Process of TDS through Online Itself .


Provide online Procedure Step by Step
Plz Resolve my problem .

Proprietorship converted in to Partnership firm.
A new Pan card applied for Partnership Firm name.

My querry is ,whether I have to take new TDS NO or old registration no is applicable to Partnership firm.


Thanks in advance

I have some doubt regarding the Paid leaves during the Article-ship?
Please provide me the details:
(I have registered with IPCC Direct Entry Scheme.)
1. Is Paid Leaves available for Orientation and ITT Programme?
2. Is Paid leaves available for GMCS I and GMCS II?
3. Is Paid leaves for Preparation of Examination and during the period of exam? and how many leaves available?
4. If any other paid leaves available please let me know.

Thanks in Advance

Hi all,

One of my clients is importing material from its holding company, resident of Malaysia which in turn gets material from its supplier. Malaysian company had instructed its supplier to deliver goods directly to the India. And the customs duty is being paid by the Indian co. on that supplier invoice and imports the goods. However few days later malaysian holding company is sending the purchase invoice with its markup.So the purchase amount as per customs authorities and the purchase value in the books of accounts are differing. Kindly clarify how to resolve the issue.

Hello Expert

let me explain there

i own a small software development firm , and i already did the business of 20 laks

99% work i get online from some site (elance , freelancer , odesk ) . these site charge 10% amount of the project as Fees , after that i transfer money to pay paypal . its take 5% of the amount as there Fees


if i get any project of $1000 then i get $855 in my hand ,


so my question is that : all the client from USA and UK , if they not pay any service charge , in this case i need to pay service tax .

waiting for reply .

which writer book is best for ca final?

Hi guys,

I have one query regarding house property .

I have recently purchased flat and taken loan from bank in joint name of father who is retired govt employee. Loan got sanction on the basis of income and eligibility of mine. Now i want to register the house in name of father only. Can any one tell me that whether i can claim deduction of Interest and principal of Housing loan since payment are being made by me only .

Few investor in dubai want to invest in India wherein they want minimum return on their investment. They want someone in India to manage their investment in return for fee, a kind of portfolio management but not in equity market, in the area of corporate finance. How to structure the deal /understanding? What are the laws and limitation to consider?