Dear Sir,
I have Retired from Bank Service . My Income Source are Monthly Pension Rs. 50000/- , Capital Gain from Equity Market every year it is near about 2 Lakh to 5 lakh. Interest income from Fixed Deposit near about 3lakh. Also received Honorarium Amount ( Bank offer some services after Retirement) near about 2 lakh every year. All these income I have shown in Income Tax Return ITR -2. I wish some Fixed Deposit amount say 10 to 20 lakh in my Wife's Name, so that Interest Income will be in her name, as She is Housewife. How to show Income Source , amount received from me, whether in the form of Gift Deed or any other manner, so that my own tax liability get reduced.

Dear Sir

We have deposit Security to electricity department for electricity meter. Please suggest is this Non Current assets or Current Assets

Can i file updated return us 139(8A) for Ay 2021-22 and Ay 2022-23 from april 2023 onwards.

Regards
Sachin Alwadhi

A Product is to be classified by its composition nature or its functional use??

For Example, a Zinc die-casted component after due machining and other required functional operations and finishing,made as per buyer's specifications,. is used exclusively in assembly of LOCK...Whether it should be classified as Zinc Parts or Lock Parts ??..790700 or 830160

Prof. Tax enrollment payable for F.Y. 2016-17 come to Rs. 6,000/- including both interest and PT payable of Rs. 2,500/-. Is there any rule that the maximum amount of Interest payable cannot exceed the original amount payable of Rs. 2500/-.

What is the procedure to file provisional statements to roc.

And how to file the financial statements once audited.

Is there any penalty on directors due to this

Filed a client's ITR with income and expense of his sister concern by mistake? Revision time has elapsed. Matter is genuine and could be proved with evidence. What would be the assessing authorities normal stand on this if accounts are summoned in case?

Sir,

What is the Difference of TANGIBLE ASSETS and INTANGIBLE ASSETS

Dear Sir

Please provide your valuable suggestion how much GP and NP we can increase from previous year if turnover increase from previous year Rs.50 Lacs

Dear Sir,

Please provided deprecation Rates % of Ebike and Mixture Machine