If a person transfer his house in the name of his spouse by way of gift, will gift tax be applicable on him?

If a person owns two house property in his name & now he wants to transfer one property in the name of his wife by way of gift just to avoid the levy of wealth tax. Will gift tax be applicable on him? If yes, is there any other way of tax planning? Please reply me urgently

DEAT MEMBERS I WANTS TO KNOW ABOUT THE HOW CAN I GET INFORMATION FROM PARLIMENT UNDER RTI AND WHAT IS ITS PROCEDURE. BECAUSE I WANTS INCOEM AND EXPENDITURE ACCOUNT OF PARLIMENT UNDER RTI ACT.

respected members

what is meant by DEBT SECURITISATION,BILL OF LADING and DOCK WAREHOUSE KEEPER'S CERTIFICATE?

sir i have a soap named lotus computer. sir humne ak co. main printing machine repair kari.than sir plz tell me will that co. deduct tds or service tax for us and sir if tds deduct plz explain the reason & service tax plz explain the reason also.
plz sir reply me as soon i m confeused about this matter.

i have just passed pcc exam???? i m bit confused in to do industrial training or continue in ca firm???? can u plz suggest which option os best!!!

can marks be reduced in revaluation of ipcc papers,please reply fast

Dear All

I AM GOING TO WRITE MY PCC BOTH GROUP IN NOVEMBER 2010, I WROTE MY 1ST GROUP IN MAY BUT I DID NOT CLEARED, AT THAT TIME I TOOK 2.5 MONTH LEAVE ,....BUT NOW I WONT GET LEAVE FROM MY OFFICE AND I HAVE TO PREPARE FOR BOTH THE GROUP ANDI DID NOT OPEN THE BOOKS FOR SECOND GROUP....HOW TO MANAGE TIME CAN ANY ONE SUGGEST ME TO REGARDING THIS..... I FEEL CLUELESS.

hello sir,

i would lik to know whether"Is there any due date for conversion from pe II to ipcc?"what is the time limit?

please do reply...thanking u ...

deepa

Is there any benefit for rechecking of audit paper as i got exemption in both subjects of group 1 that is accounts and law? pl reply fast