income tax benefit
This query is : Resolved
08 December 2009
so we cannot show this amt in income tax declaration form .
i have given say 50k by fundtransfer from my account to my dependent elder family member.
so i dont have income tax benefit under 80c deductions or any other section for the amt i gifted
i have given say 50k by fundtransfer from my account to my dependent elder family member.
so i dont have income tax benefit under 80c deductions or any other section for the amt i gifted
08 December 2009
Deduction u/s 80C is not available for gift to dependent elder family member..
Further, there is no section under which you can claim deduction for gift given to dependent elder family member..
Further, there is no section under which you can claim deduction for gift given to dependent elder family member..
08 August 2023
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
