Anonymous
06 August 2014 at 12:42

Gift tax

i want to gift my house to my husbands brother who later wishes to sell it.What will the tax implications be ?

I know that since husbands brother falls under the definition of 'relative' gift should not be taxable.But will any clubbing provisions be applicable on capital gains tax



Anonymous
06 August 2014 at 12:37

Credit note

Dear Sir,
Where to fill amount of Credit note received by Cement dealer in Part P&L of itr4.

Whether I should add it with sales amount
or
I should fill it in col. 2(x) - any other income.

Please clarify.


Amit
06 August 2014 at 12:37

Itr5 or itr7

Which ITR is required to be filed by a NGO registered with Societies Registration Act 1860. NGO is not registered with Income Tax. If it is ITR5 than under which head to show Grant received and where to show programme expenses like expense on HIV AIDS awareness programme etc?


nivedita baranwal
06 August 2014 at 12:33

Declaration date?

ipcc may 2014 results???



Anonymous
06 August 2014 at 12:26

Balance of capital reduction

kindly explain the treatment for transferring capital reduction account closing debit balance and credit balance.
answer illustrated with a journal entry would be helpful. thank you


Pushkar Khiwal
06 August 2014 at 12:25

Tds

Sir,

I have made a payment of in July of Rs. 70300.00,

Bill not yet received please suggest how much the amount of TDS will be calculated on this.



Anonymous
06 August 2014 at 12:25

Result date

What is the expected result date for ipcc june 2014.



Anonymous
06 August 2014 at 12:21

Nps u/s 80ccd(2)

Dear All,

Could anybody please inform whether the Tax benefit u/s 80CCD(2) as above is still available with it's existing features for the FY 2014-15 over and above Rs. 1.5 lac available u/s 80C.

An early reply shall be highly solicited.


Aditya
06 August 2014 at 12:18

Deduction u/s 80c

sir,
my salary contains Rs 18000/- as Food coupons, and i have Rs 25000/- as deduction u/s 80C
i want to know can i claim these food coupons as deduction u/s 80C?


Sachin Goel
06 August 2014 at 12:17

Vces

I received my company's VCES rejection order on 16-05-2014, passed by Jurisdictional Assistant Commissioner.
In terms of Sec. 85 of the act, the appeal can be preferred to Commissioner (Appeals)within 3 months from the date of receipt of order.
In this case the said date comes to 15-08-2014 (Independence day holiday), 16-08-2014 & 17-08-2014 being Saturday & Sunday, can I file my appeal on 18-08-2014?
Whether department can initiate any action before 15-08-2014 for enforcing the recovery arising due to rejection of VCES?






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