hi, I'm seyed, ca-final student. as per sec 56(2)(viib), gift of any kind on the day of marriage is exempt from tax. suppose if I'm getting 25 lakh as gift in cash on the day of marriage: 1. Am I eligible to tax audit? 2. should I have to maintain any deed or document as to the proof for gift? 3. also see the above if I get the said sum from huge group of freinds? 4. is there any limit in the IT act or any other law that prescribe amount that one can have cash in hand? kindly clarify the issue... thanks ......
Dear Experts,
A friend of mine has just completed his BCom and wishes to pursue CA. Under the direct entry scheme he is required to do 9mnths of articleship before answering IPCC. He fears that he will not get time to study and therefore wishes to answer IPCC before doing articleship.
Is there he way he can answer IPCC before doing articleship under the direct entry scheme?
If not, what do you feel he should do? Answer CPT?
Hello,
A Pvt Ltd Company has been converted into a LLP. Now I want to amend my PAN Card. My question is whether PAN no. will change(since the 4th Character should now be 'F' instead of 'C') or will it remain constant ie. Permanent as the name Permanent Account Number suggests?
Dear All,
can anybody explain / guide - Photography Service ( Filming & Editing )
Photography Service including Filming & Editing - TDS Deduction under which section as per IT
for i.e. 194 C / 194 J
Dear All,
can anybody explain Deemed Export in India
dear experts,
how to check various reconciliations given by a company like details of refundable terminal excise duty,earning in forex, provision for credit & debit notes etc
please let me know which for is to be filed under new Act for appointment of Auditor.
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Limit for cash in hand