CAclubindia

Queries Replied : 405

Employed with an exporter specialising in exports to Supply Chain Retailers. Compliance TDS requirements for Domestic and International Transactions.

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Deepak Parsai says : REGARDING GIFT TAX
Thanks, But I want to know that suppose a salaried person get salary of Rs.200000 p.a. and has no any other income and now if he gift out of this Rs.45000 to his relative/other person then is there any relief/deduction that he can adjust from his tax liability ?

pankaj sharma says : taxability
Dear Sir,I want you to confirm me that since only one service is provided,can it be disallowed if it is shown under business and profession.

pankaj sharma says : taxability
Dear Sir,I want you to confirm me that since only one service is provided,can it be disallowed if it is shown under business and profession.

pankaj sharma says : taxability
Dear Sir,I want you to confirm me that since only one service is provided,can it be disallowed if it is shown under business and profession.

pankaj sharma says : taxability
Dear Sir,I want you to confirm me that since only one service is provided,can it be disallowed if it is shown under business and profession.