1.a person received a property from his mother by way of gift deed. is this gift is tax free.
2.he earned rent from the said property. is income from rent receiced will be added in his mother' income.

Hey Experts,

While filling form DIN-4, I am facing following problems:

1. When I enter PAN and go for verification, it shows PAN doesn't match with Income Tax PAN Database (However PAN is correct as per Income tax Database)?

2. When it (Another Form-23B) comes to prescrutiny, it shows that the form is not latest one (However I have downloaded form from MCA website and tried agai8n multiple times??

SIR,
PLEASE LET ME KNOW THE EXEMPTION LIMI IN CASE OF GTA
SIR, PLEASE GIVE AN EXAMPLE

Dear Sir,
Thanks! in advance.
One of my friend received a notice us 148 for ay 2007-08 on dated 27-03-2014. He sold a piece of agriculture land for Rs. 7 lac in July 2006. Otherwise he had no taxable income for the same year(Rs 48000 PA as salary only).
Now, he talk to ITO and he advised to file return for same year. But, an advocate suggest that no need to file return because they will reassess and ask for capital gain on Rs. 7 lac.
Pl suggest what we should do? Early as possible.
Thanks
Vikas

I HAVE CONTRACT TO RENOVATE THE MUNICIPALY BUILDING WITH LABOUR & MATERIAL OF Rs. 10 LACKS.
1) MUNICIPALTY HAS PAID 8 LACKS AFTER DEDUCTION.
2) I HAVE TO PAY Rs. 2LACK AS A LABOUR EXPENSES.
3) I HAVE TO PAY Rs. 3.5LACK AS A MATERIAL EXPENSES.
WHAT IS MY SERVICE TAX LIABLITY ??

CAN ANY ONE FORWARD THE DRAFT LETTER TO BE SUBMITTED TO SUPERINTENDENT FOR GETTIN GUSER ID AND PASSWORD AGAIN

one of our customer charge ST @12.36% on Bill discounting , the Audit party disallow the credit we have taken on discounting. the base of Disallowing credit is as this is not input services so we can't take credit , your expert opinion is awaited.

i am facing trouble trouble with my boss behaviour and attitude. he is treating me bad since i asked for transfer.and i have done 1 yr 4 mnth articleship under him.he now dnt give me work also which i was doing earlier.i sit free. i want to leave him and work sincerely under other CA firm. how i can get rid of him?? pls its really mental torture for me.help me.

Hello Everyone!!!

In case of a Non-Recourse factoring agreement,why is certain portion held as reserve by the factor?

And when will the factor remit such amount?


-Thank You!

Is it made mandatory that 150 Hours of Advance ITT for CA Final Students before appearing CA FINAL EXAMINATION?? If it is compulsory any official announcement made by ICAI in this issue
Thanks in Advance