MY cousin wants to gift shares of private limted co to me since he is not relative it is taxable
so he is going to gift his father and who inturn will gift me

legally i can take gift from my uncle

so tax liabilty will be nill

please sugges

sir, I want to know the amount of penalty in case of non filing of return having income more than Rs. 5 lakh in case the amount of tds is already deducted on gross income

whether tax audit report signing limit 45 to 60 is applicable for f.y. 2013-14 audit assignment? ?? Thanks in advance

Hi,

I have capital gain for FY-13-14, if i will not file IT return for 13-14, what will happened.

even i have not taken any cap gain ac deposit the funds which were raised through sell of property.

pl suggest.

by which sources an individual can reduce his tax liability?
his salary is 12 lakh
total deductions are of 150000
now wt other deduction he can taken from his income??
he is receiving HRA and the house is on his wife's name

crop insurance claim received in current year taxable under income from other sources or under the head agriculture income.

whether it is taxable income as per income tax pls provide under which section crop insurance claim received is taxable or exempt

Dear Sir,

I Have no Income Tax Software & one of client want to file manual return, so may i file print of utility as manual return ?

If yes, what abt acknowledgement ?

From where can i get acknowledgement ?

Please guide.

Thanks in advance.

I received left over arrears in ths fincial year .so.my income tax arrise .what I have to do for exemption on this arrears amount.

Dear experts what is section 87A and what are its benefits to a assee and for which asst.year the rebate can be entitled . please explain in a detail manner.

I am currently in the second year of my articleship.
Please give me some idea about what the recruiters look for within a candidate before giving industrial training..
Also, please tell whether there is any minimum marks requirement...

Thanks.