My father-in-law desires to gift a large sum to my minor daughter. The amount has already been taxed in his hands as income.

I would like to know whether this amount is likely to be taxable in my hand.

Alternately, can he gift this amount to my HUF / my wife.

IS FBT is applicable on helicopter hire charges.

At what rate TDS will be deducted if party is not having a PAN Card Number....Please do mention the relevant Circular number....

I Need detail about Letter of Credit,(Procedures of open LC , requirement to open LC, Document required to open LC, payment, ETC )

i just want a notification regarding cenvat credit limit for service sector which says only 56% of the credit is available to the company .i find this notification but worthwhile . Can anybody give this notification to me .

We have received a bill from a foreign Advocate firm for preparing the contract between our company & a foreign comapny. We have made him payment also.

Service Provider: - Foreign Advocate firm
Service provided at – out of India
Payment made by – our company (a domestics company)

Will this come under the preview of IMPORT OF SERVICE?
Are we liable to pay service Tax on the same?

We have received a bill from a foreign company for the work done by him on behalf of our company. We have made him payment also.

Service Provider: - Foreign company
Service provided at – out of India
Payment made by – our company (a domestics company)
Service recipient – Foreign Company (our client)
Nature of service - Erection & commisioning

Will this come under the preview of IMPORT OF SERVICE?
Are we liable to pay service Tax on the same?

My company have authorised share capital of Rs.500000. We have paid up capital of Rs.300000. We would like to issue the rest Rs. 2 lakhs shares to another party. Please guide me on the proceedures.

if a company make the payments to hospitals where the employees of the company are hospitalised, whether the TDS will be applicable U/S 194J,when the payment is made by company to the hospital? Please give full reference of income tax act?

Thanks & Regards

Nitin Gupta

Plz tell me which is the best book for Accounting Standard for CA. Final