Saurav Puri

HI,

If my brother is transferring money to me: eg INR 60,00,000/- (as gift) in parts , say 5-6 transactions

a) is their any restriction or issue with that?
b) i believe its not taxable, as its my real brother?
c) do we/he need to submit any document?
d) trust their will be no tax deducted at source for it

Please advice urgently

Best Regards
Saurav


Suresh S. Tejwani

WHAT IS PENALTY AND INTEREST DEFINITION? WHAT IS DIFFRENCE BETWEEN BOTH? AND WHAT IS NATURE OF BOTH? WITH DETAILED EXPLANATION AND EXAMPLE.


Suresh S. Tejwani

IF CIT(A) SET ASIDE ASSESSMENT ORDER AND GIVE DIRECTION TO AO TO MAKE FRESH ASSESSMENT ORDER THEN WHAT IS TIME LIMIT U/S 153(3) WITH AO TO MAKE FRESH ASSESSMENT ORDER? IF ASSESSMENT ORDER PASSED BY AO AND THEN WE GO AGAINST ORDER BY FILE NEW APPEAL?


Suresh S. Tejwani
15 January 2025 at 17:42

REGARDING CARRY FORWARD OF LOSS.

CAPITAL LOSS CAN BE SET-OFF AND CARRY FORWARD FROM OLD REGIME TO NEW REGIME? (ITR FILED IN NEW REGIME)


ESMAIL SITABKHAN
15 January 2025 at 16:48

139(4) for ITR-5- audit

why i am getting error that you cannot file itr u/s 139(4) after due date??? today is last date right?? PLEASE HELP


Akshit Jain
15 January 2025 at 15:42

Section 139(1) Tax Filing Conditions

One of the conditions under 139(1) for mandatory filing of ITR is a spending of over 2 lacs on foreign travel even if taxable income is less than 2.5 lac. Does this provision apply to NRI and RNOR?


Magesh
15 January 2025 at 07:27

Royalty TDS for brass

Sir,
We are doing the railway projects from maharashtra , request you to kindly confirm us whether, we are paying the directly quarries for projects Royalty Brass TDS applicable or not applicable
Please confirm,


SHYAM KRISHNAN K

What will be the fee and other cost when we file an appeal before the high court against the tribunal order


jaya
14 January 2025 at 14:04

TDS-Fixed assets

Hi,

just wanted to check the TDS applicable on FA purchased is on what amount?? i think its on 50 lacs {i need to check whether its gross or net (after GST)}??

it is applicable on new assets or transfer of assets also? if the amount increases 50lacs?


Hemkumarpro badge

Can a person having income under the head salary file return under old scheme after due date i e 31st july 2024 ??





CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query