Dear friends,
i am making gift to my brother a sum of INR 500,000/-
as i understand, since he is my 'relative' as per the definition, he is not liable to pay income tax.
my query is - do i need to make a gift deed? and secondly - do i need to register it or notary would be enough?
thanks in advance,
amit
I had seen question some where as follows, will you help me
The co. in UK wants to start business in India. The indian concern imports goods from its foreign UK concern. It has two options 1. to float Indian compnay with two shareholders indepedent of UK co 2. to open branch in India
Which option is best as per companies act and as per Income Tax act
Dear all,
pls kindly assist in the information of payroll process because i keen to know the whole process of accounting and how to do it .
with regards
nagesh
acs
If I have any complaint that someone is violating so many Laws and Regulations in India openly like Income Tax Law, Service Tax Law, CA Act, Indian Constitution, Indian Penal Code and the principles of natural justice, and if I, in my capacity of an independent citizen of India wish to inform the same to the CENTRAL GOVERNMENT OF INDIA, CBDT and SERVICE TAX DEPARTMENT OF INDIA by way of a letter signed by me, then my query is on which adddresses I should address this letter. I will remain heartedly thankful if you can give me the complete addresses where I can post letters for the said matter.
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Gift tax and stamp duty