There is an act in India named Gift Tax Act, 1958. Any gift exceeding Rs. 50,000 during the year is chargable to tax under secion 56 (2) (vi)of Income Tax Act, 1961. Is is also taxable under the Gift Tax Act, 1958? Which gifts are taxable under Gift Tax Act, 1958, if they are made by Indian Resident to other Indian Resident? or by NRI to Indian Resident? or by Indian Resident to NRI?

There is an act in India named Gift Tax Act, 1958. Any gift exceeding Rs. 50,000 during the year is chargable to tax under secion 56 (2) (vi). Is is also taxable under the Gift Tax Act, 1958? Which gifts are taxable under Gift Tax Act, 1958, if they are made by Indian Resident to other Indian Resident? or by NRI to Indian Resident? or by Indian Resident to NRI?

bull spread,bear spreadand butterfly spread plz can u tell me the implications in solving problems at ca final level

In case of getting signature from employees in the salary register, what is the limit for affixing revenue stamp and getting sign on the above?

Hi All

Is it necessary to make payment to the service provider before availing the credit of service tax of any input service?

Kindly provide reference to any notifications/ circular etc. in support of your answer.

If I sold a house within 3 years from its purchase and invest the same amount in purchase a new house whether it will be treated as gapital gian.

Hi, I had a small query, Im a ca pcc student and i came across a case but Im not able to justify it. Can you help me with it..?? IT goes like this X bought a property from Y. Y bought this property from Z with due consideration but later brothers of Z filed a case against the property holder that is X sayin that it was a HUF bought by their parents together. X further investigates and finds that the property was sold by the government to an individual i.e. Z's Father on lease and not to any HUF. But sons(SS) of real brothers(BB) of z's father claim interest in the property saying that BB invested money in it eventhough they dont have a proof on the same. QUERIES What is sale now ...of a Huf OR an Ind Will X get a holder in due course benefit can SS file a case against X Please respond as soon as possible or refer me the book where i can find its answers and incase you reply do mention the sections thereof

I REGISTERED FOR MY PCC ON 11TH OF APRIL 2008..AND IM DOING MY SECOND YR b.COM ( DAY COLLEGE 8.00-1.30 )..AS PER THE RULE OF THE INSTITUTE I CANT CONTINUE MY COLLEGE OTHERWISE I CANT CONTINUE MY ARTICLESHIP

PLEASE GIVE YOUR SUGGESTION REGARDING THE REGISTRATION OF ARTICLES IN THE INSTITUTE

while preparing audit report as per caro 2003. We will start the report as:

To the "Member of the Company"

please explain the word "Member of the Company". Whether the meaning is defined in the caro or elsewhere.

while preparing audit report as per caro 2003. We will start the report as:

To the "Member of the Company"

please explain the word "Member of the Company". Whether the meaning is defined in the caro or elsewhere.