Saurav Puri
This Query has 1 replies

This Query has 1 replies

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
This Query has 2 replies

This Query has 2 replies

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
This Query has 1 replies

This Query has 1 replies

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
This Query has 1 replies

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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
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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
This Query has 1 replies

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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
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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,


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


jaya
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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
This Query has 1 replies

This Query has 1 replies

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






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