My father-in-law desires to gift a large sum to my minor daughter. The amount has already been taxed in his hands as income.

I would like to know whether this amount is likely to be taxable in my hand.

Alternately, can he gift this amount to my HUF / my wife.

Sir,

I am a salaried employee.

How much i can get benefit for fees paid for my MBA from SYMBIOSIS (an UGC approved university)? & under what section?

Thanks

Subhash Jha

hello friendz
plz tell me whether ded.u/s 54 EC is available against short term capital gain also besides long term
bcoz word given is"any capital gain"
thankx

can purchase cost of spectacles be considered under medical reimbursements? if so, is there any limit. Can I purchase one spectacle frame for Rs.15000/- and claim reimbursement?

Can a Salaried Individaul take Both HRA Exemption & Home Loan Intrest deduction?
If Yes ,How?

I am talking of two different houses, one where person is living for employment reason and another house where his family living.

Dear Experts

How much rate of % PF and ESI,

we have make a provision entry for Directors Commission (Section Code 92B) with TDS deduction and credited to directors account on 31-03-2008 but till date the net commission after deducting TDS was not paid to directors what is the due date for TDS Payment to Govt.pl clarify till date we have not paid the TDS also we have to pay the interest on late payment of TDS or not

ours is a pvt ltd co.in building construction trade,we have taken over a partnership firm as a going concern and after taking over the partnership firm,the partnership firm is dissolved.our pvt ltd co. now wants to take the advantage of credentials of taken over partnership firm--
1.like its experiences of work done,i.e.work completion certificates.
2.its turnover in last years.
The query is so generated bcoz ours pvt ltd co.is doing contract business so previous experience[specially these two] is a critical factor in bidding.

If I made an investment in the bonds under section 54EC before expiry of 6 months, by way of cheque and the stamp on the bond is of the date of submmission of cheque. but, if the clearance of cheque is after the date of expiry of 6 months will i be able to avail the exemption? the assessing officer denies to grant the exemption. please resolve as soon as possible.

Which is the best insurence plan to mainimise the individual income tax