Anonymous
08 April 2018 at 00:05

Gift tax

I have received 5 lakh from my father through online banking. I want to make gift deed for that. Does anyone know that how one can make GIFT deed. Does this require registration stuff????


Md Asif Iqbal
07 April 2018 at 23:56

Meaning of contract u/s 194c

Dear Friends

Is it necessary to have a contract in place to apply 194C, we are a logistics company and have to take delivery order from airlines for import consignments. One particular airlines refuses to give us the delivery order if we deduct TDS u/s 194C as they contend that as there is no contract between us we cannot deduct TDS. if any one can provide a clarity supported with CBDT or Court verdict it will help me a lot.

Thanks and Regards


Md Asif Iqbal
07 April 2018 at 23:45

Meaning of contract u/s 109c

Dear Friends

Is it necessary to have a contract in place to apply 194C, we are a logistics company and have to take delivery order from airlines for import consignments. One particular airlines refuses to give us the delivery order if we deduct TDS u/s 194C as they contend that as there is no contract between us we cannot deduct TDS. if any one can provide a clarity supported with CBDT or Court verdict it will help me a lot.

Thanks and Regards



Anonymous
07 April 2018 at 21:50

Articleship registration

Sir I had sent my articleship registration form in the month of november last year, but I haven't received any confirmation pertaining to the same, I'm worried as it is almost four months, but my other friends who had registered after me under the same CA hav received confirmation letter. I have sent a mail pertaining to the same to E-Sahaayata, will my November 2018 exam get postponed to next year cause of this?



Anonymous
07 April 2018 at 21:11

Gift tax

I work in company and my income is 12 lakh rupee. I have received total 57000 Rs. INR from my all friends In FY -2017-18 and I have transferred 1 lkah INR Rs. to my all friends in FY2017. Do i have to pay tax on (12 lakh) or (12,57,000) or (12 lakh + 570000-100000= 11,57,000)



Anonymous
07 April 2018 at 20:38

Gift tax

I have taken total 9 lakh from brother through online banking in fy 2017-2018( 2 lakh on 4-april-2017, 2 lakh on 10 may 2017, and 5 lakh on 18-dec-207). All the transaction are through online banking. Then I have returned back 9 lack to my brother through online banking on 1-jan-2018. As per my knowledge all above transaction are non-taxable events( Gift). I and my brother have not made any GIFT deed for the above transactions. Is it compulsory to make GIFT deed for online banking transaction in blood relations to show as gift. If GIFT deed is compulsory, then Can we make one gift deed of all the above transactions now and if yes then how we can make gift deed for backdate online transactions


RAHUL PANCHAL
07 April 2018 at 20:31

Gst on toll tax

SIR I MADE INVOICE BEFORE 3 MONTH VEHICLE RENT 50000 RUPEES AND TOLL TAX 3200 BY MISTEKLY I ADD GST ON 53200 GRAND TOTAL, WHAT CAN I DO IF I HAVE FILED GSTR-3B AND GSTR 1



Anonymous
07 April 2018 at 20:16

Ltcg tax

My wife was a joint holder in a flat that we sold recently but I received the full payment in my name. Now LTCG tax is due for payment in the first week of June. I want to know if the tax is to be paid jointly or is it only my liability. What formalities are to be followed in this case? I am 69 and my wife is 68. My income was from rent received from the same flat amounting to Rs.1.5 lacs for the year but my wife is still earning and pays income tax. I am also a cancer patient under regular check up and treatment.I have no taxable income from any source now.



Anonymous
07 April 2018 at 19:29

20000 se jyada ka advance

Dear Sir

Mera business mandap service ka he or Agar me 20000 se jayada advance cash me leta hu or baad me us advance ko bill ke saamne set off kar deta hu to koi penalty lagegi income tax me ?


Tarun Kariha
07 April 2018 at 18:54

Tds dedction from when

I am cloth merchant. FY 17-18 is my first year of audit. Should i deduct tds on job work bills dated in 17-18 which are being paid in 18-19. please clarify from when to begin tds deduction on payments






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