I need a clarification on whether I the daughter of an NRI mother can gift say Rs.10 Lacs. Will there be any tax that my mother will have to pay for receiving this tax.
As per income tax law gifts received or given to blood relations are not taxable, is this provision also applicable in case the blood relation happens to be NRI ?
please clarify

Could anyone suggest a book/ site on excise wherein details of maintaining excise records/ registers/ forms etc. is given in a simple language?
Thanks a lot!

acctuly i m cmpletely from hindi background as per study n m tense wat to do nw? n a hav nt yet clear my pe2 exam nw m decided to quit suggest wat to do n do a job in same field kaya koi job mileg n i hav also cleard my graduation so suggest for my bright futur thanx for redaing my query

I am paying a rent for my office including service tax, so should I deduct the TDS on the whole amount or I have to deduct service tax from the rent and then deduct TDS

WE ARE MANUFACTURER OF STAMPINGS AND ALSO DOING JOB WORK. WE SOLD SCRAPS ARISING FROM JOB WORK AND CHARGED PLA DUTY FROM THE CUSTOMER AND PAID. BUT MY QUESTION IS THAT CAN WE AVAIL CENVAT BENIFIT ON SALE OF SUCH SCRAPS ? AND IS IT REQUIRED TO PAY DUTY TO THE MANUFACTURER OF WHICH JOB WORK HAD BEEN DONE ?

Hello Everybody,
I wnt to know that what are the condition for tds rounding, means whether it is rounded near one rupee or near to ten rupee, and what is the relevant section for this.
And if the rule has been changed for rounding off the tds then please also provide the relevant circular no.or notification.

Dear All,
An importer imported capital goods worth EURO 450000. 50% Advance payment was remitted through Bank "A" and after that goods was shipped. Original documents were received through bank "B" and balance 50% payment was remitted through bank "B". Now, as per RBI rules, importer has to submit proof of import i.e. Exchange control copy of bill of entry to bank through which import payment was remitted. In this case what should importer do ? to which bank he should submit bill of entry.

What is last date for deposit of professional tax??

my company into digital meter manufacturing. we get order from various electricity board through tender. one order is for supply nad other for installation and maintenance. they deduct tds both from our matarial bill and installation bill @ 11.33%. we submit separate bill for supply and installation.

Please let us know whether it is correct.plase provide some case studies.

Regards

Pradipta

Please let me know when are the results for Final NOV 2008 expected to be declared??