CA Chandan Sharma
18 March 2017 at 18:06

Capital gain tax and gift

Dear Experts
Need your suggestion,

Mom wants to sell her house property to daughter but to avoid the capital gain tax on sale, they are making an arrangement to prepare two gift deeds.(Long term capital asset)

One mom will gift house property to daughter and other one is daughter will gift money/consideration to mom.

Please suggest your valuable comment whether this arrangement is in the lines to avoid the tax.


Balamurugan

Hi Experts,

We are a Manufacturing unit and we have receive so many Raw Material Bills out of some bills didn't have ECC No of our unit but the same time supply unit ECC will no was available,

But we have taken a cenvat credit for those bills,

Is it will become a problem while CERA Audit. Pls Suggest to solve this.


ravi
18 March 2017 at 15:44

RCM

I have a client (individual) who is into supply of labour to body corporates only. service tax is to be paid by the body corporates under reverse charge mechanism. in such a situation, is the individual providing services needs to take registration or not?


Bhalchandra K Sawant

What is the last date of filing income tax return for AY 2016-17 ??
It it 31.3.2017 or 31.03.2018 ???????


Chanderkant gupta
18 March 2017 at 14:47

Deducation 80c

Sir/Madam,


I want to ask that if i deposited FD for 5 year with Bank, Can i Claim deduction only one time or Every year.

Interest on FD Taxable or Exempt.



Anonymous
18 March 2017 at 14:17

Tax on insurance claim

Dear All,

One of my friend was working in Merchant Navy and he had some accident during the job. The Insurance co. gave him claim of Rs, 65 Lacs. Please suggest is it taxable or not. and if it is taxable so under which head and section we need to show this.


Puneet Jain
18 March 2017 at 13:55

Adt-1 form filing

I want to know while filing ADT-1 for appointment due to casual vacancy, it requires SRN of relevant form. What relevant form is it talking about. If it is ADT-3 then what if the resigning auditor has not filed it yet and 15 days from the date of appointment of new auditor are going to be over.


Hiten
18 March 2017 at 13:25

CARO 2016

whether their is any reporting responsibility of auditors under caro 16 for company's failure to repay public deposit?


Agraj Pratap Singh
18 March 2017 at 13:09

Refund of tcs

Last year in may i own a innova crysta (Ex showroom price-1775838/-)
So the TCS is around 17750/-
Tell me how is refund this amount?


CA Sudeep Singh

A director of a company is providing taxable service to his company, under RCM company is liable to pay Service tax thereon. I wanted to know whether this Director is liable to get registered under Service tax as company has already paid him 750000/-

Your early response will be highly appreciated.





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