An assessee was gifted property from her mother. The gift deed was registered and the property was also registered in her name. Now while selling the property can she claim deduction for the expenses on registration of gift deed and registering the property in her name. Pls help with examples/ sectoions/ case laws.Thanks

Haiiii...

I am working in a manufacturing company of lighting fixtures products.Total units of production in the company is around 25000 [product A,B,c,d] units in a month.
Currently i am costing one product,Say product A .companys FC around 5,00,000 in a amonth.
My query is how to allocate that Fc to the product A
Selling price of Product A is Max: Rs.225/-

Please help me to sort out

Dear Friends

Suppose i have received Rs 2 crore in my marriage but half the amount received is in my bro's account and some amount in my papa's account and the remaining amount in my account.
Now i am confused that in whose return the amount of gift is exempt. Since the same amount is shown in my account as well as in my bro's and my papa's account.

Plz reply as soon as possible.
Thanks...!!!!

sir/madam,
i joined articleship last year in sept, but due to health problem i am on leave since mid-may. i wanted to leave the course so mentioned the same with my boss. he asked me to wait till sept so i did the same. now, he's saying that he will not sign the form as i left work uncompleted(which earlier offered him to complete but he objected) and haven't produce doctor's certificate (i have already given the same). The work load is too much and want to either join another firm wer load is less or leave the course.
what should i do? is there any institute remedy available?

When a bank deposit can be classified as investment.

when to recognise export sales in Books of A/cs & at what value....

Date of provisional INvoice -08.08.2012
Date of Exchange control (LEO DATE)- 13.08.2012
Date of Export Invoice- 13.08.2012
Date of BOL- 19.08.2012

respected sir/ madam,

we are a charitable trust and a one new thing is came in our institute that security service provider and any other service provider to our institute they should not levy service tax in their bills which they issue to us because education sector is in negative list as per service tax dept.

is this right or not.

I have three questions. First can a wife claim exemption if the tution fees of child is paid from husband account? If No, then can she claim exemption if the account is joint but her salary did not come to this account? If answer to any of these questions is yes then the third question is if the fees paid is Rs.2 Lac and a single receipt is given by the Institution, then can both husband and wife separately claim Rs.1 Lac exemption. Any other guidance is also welcome. Thanks to all who are going to share their time and knowledge.

Can an Individual Give his Mami ( Mother's Brother's Wife) a Gift?
Will it be allowable expense while calculating taxable income of the said individual?

We are registered Service tax provider registered as Work Contractor. Recently we have received a order for execution of work and amount for work is as under:
1) item no. 1 Rs. 25 lac (service tax extra)
2) item no. 2 Rs. 25 lac (service tax extra)
3) item no. 3 Rs. 50 lac (service tax exempt)

vat as per up state extra.

please guide me in raising invoice as per new service tax rules.