Hello Evryone..!

Suppose if an NRI Person Earns " x " Amt in his country & he Gifts some Amt of it say " y " to his Grandparents who are In India will the same be Taxable in India ??

& Secondly if the that same Amt is Gifted to his Friend (Non- Relative) in India then here will it be taxable..

Thanks alot in advance..

An assessee intends to borrow loans from his friends abroad for his business use. Are there any restrictions in Income Tax Act or FEMA.

I am govt servant and income tax payee .I fixed 100000/ in sbi in sept 2012.the bank asked me to fill form 15 G which I filled.Am I right or what should I do

sir,
A trader purchases goods worth about 50000 and make immediate payment in cash it can be written in single transaction or more than one.

1. whether a gift received from a HUF to an individual in which his grand father is a karta is exempt from tax?
2. whether a gift received from a HUF to an individual in which his uncle is a karta is exempt from tax?

Hello there,
I was registered in pcc in nagpur and complited my articleship too.As this nov12 was the last attempt for Pcc,I need to be converted into ipc.

I have already sent the conversion form with reqiured DD to mumbai office.

I have also filled the exam form online and the fees is accepted too.But i have a doubt that since i havnt got any acknowlwdgement of conversion,what should i do to confirm my eligibilty for this may 13 exams.

Please help.

I have incorporated a company having share capital of rs 100000 and paid stamp duty at the time of incorporation. I have issued share certificates containing 10*10000. Now i have nerd to pay stamp duty on share certificates or not. If what is the rate in up. Pls reply.
Regards.....
Abhishek

dear sir, a person gets pension about Rs 12000/- month. now he is also working as a commission agent. he has to file ITR for AY 2012-13 for tds refund. i want to know that which form of ITR should be filled and in which heads his both of income should be computed. pls suggest me in detail.

Sir/Madam

A pvt Co. incorporated 25/05/2007. At the time of incorporation it has filed form-1,18 & 32 by using provisional Din.But after that neither director has submitted din-2 to the co. and nor Din-3 by the co. to ROC.

Again the above company due non filling of annual return present status is "Strike off ".

Now one of the director want to start up a new pvt ltd company.But while going to apply for name by putting his existing din it is showing a error massage "the company is in default of filing din-3 or form-32.


Now plz advise what to do by the director, so that he can incorporate a new pvt co.

A notice has been received on Dtd. 02/03/2011 of I.T Act. In the case of A.Y 2005-06 order Dtd. 06/09/2007 on objection raised by Audit party. Order U/s 154 is not passed so far. Can order u/s 154 shall be pass now. (after four years of the assessment order) or notice u/s 148 be issued.