I have taken now gift of 2 lakhs from my uncle ( Younger brother of my father).

Further my wife has taken gift from my
younger brother of rs 3 lakhs.

are both the gifts will be tax free.

Dear Sir,
plz solve 2 query
1) ek company jiske 2 banks accounts hai auditor ko only ek bank accounts ki statement deti hai 2nd ki statement nhi deti to is case me disclaimer of opinion audit report hogi ky?
2) if co receive cash from directors and director's relatives then in this case auditor will disclose in tax audit report and will he give qualify report.

thanks in advance

Could any one give suggession how to reduce the size of 1022 Form 1

If the house property is registered in the name of the wife of the assessee and the loan for the house property is being paid by the assessee himself is the interest exemption u/s 24 available to the assessee? also whether principal repayment deduction u/s 80C available to the payer of the loan(i.e. the assessee himself).

At the time of Finalization it came to notice that Statutory dues (TDS PF ESIC )are shortly deducted though short payment is done and return upto Mar is filed.
We will make definately make provision for payment of statutory in subsequent months but it remain unnotice till sept 2013 then can we pay on due date of Immediate month

Please guide

Hi
There is a company which runs a hospital, a director of which is a doctor. Can a company give salary as well as professional fees to him provided professional fees are towards operations performed by him. If company can give professional fees, is there any limit to the same?
please reply

If assesse has business of trading have turnover Rs. 70Lac and also receiving commission Rs. 35LAC . Is he Liable to audit under 44AB & audit report is also consolidated

Dear Friends,


Cost Audit is applicable to my client but cost auditor has not yet submitted cost audit report. The last date of filing the return is approaching fast on 30/9/2013. My queries are as under:


1. Can we file Tax Audit Report and Income Tax Return with out Cost Audit Report.
2. If yes, What are the implication of not submitting cost audit report along with Tax Audit Report?
3. Will the return be considered as defective return?
4. Client claims Section 80-IA & 80-IC deduction also. Can the assessing officer at the time of assessment disallow deduction u/s 80-IA & 80-IC ?



Please send your expert opinion. Matter is URGENT.

i had registered with the income tax site earlier. now i had forgot my password and my email id has also been blocked. so now what the procedure to reset password and update new email id.

Sir, i have a doubt about the last date of articleship registration?

one of my friend cleared his IPCC in May 2013 exams.. but he still not yet registered for articleship. So i want to know the last date of articles registration so as to eliginle for appearing CA final exam in May 2016.

plz reply....