Hi all,

Just want to confirm the following.

1. How much amount one can receive as gift (By way of Cheque)
2. From whom one can received amount as gifts.
3. what is exemption limit the income tax on gifts and what is the tax treatment thereon.

Many thanks in advance.

Regards

we have construction of flats in karnataka where GST no has been taken. but we have registered head office at mumbai having GST NO too. now we have taken services of computers wherein party ask for GST no. place of receved serices in mumbai head office and place of service provider in mumbai. in this case i have given him Karnataka GST no to prepared the bill to take the benefit of ITC as IGST instead of maharashtra GST NO. which we possessed in this cased but not given him this no. ?
so my q is will it do to given karnataka GST no for ITC beacsue our sale is booked in karnatak gst no . not in mumbai . ? is it ok or other scope to get benefit of the same. in other manner of laws

Dear

I am shifting my limits from Kotak Mahindra bank to Yes Bank. My limits are due to renew on 15th March and I have already informed Kotak to not renew my limits as I am shifting. They are harassing me that there would be pre-payment charges of 2%. How can I save my self from this and also take the case of Kotak Bank. The Bank is also harassing to the core to shift the limits. Is there any way I can file a case against them to mentally torture me.

Will Ombudsman help me in this matter.

whether GST applicable @ 5% on ocean freight import.

What form are to be uploaded for annual filling of ROC for 2015-16??

In case of our purchase a Supplier Invoice Date is 30/01/2018 and goods received on 05/02/18 then on which date purchase entry should be made i.e. as per bill date 30/01/2018 or as per goods actually received i.e. 05/02/2018 in books of account as per GST as well as Income Tax also as it is important while bill date is 30 march and goods received on 5 April of next F.Y..

Hi Sir

I'm running a call center and providing services for the sale of a credit card for the different bank.
I have hired 40-50 guys for calling so I would like to know if I'm paying to these guys what rate of TDS is applicable on the same?
Is there any limit for hiring?

Hi, I am a salaried employee in India I earned of Rs 8 lakh till Sep'17 after TDS. I went to Germany on 1st Oct'17 for onsite and I am getting salary in euro after TDS. As per my understanding I am resident for this year and total income is taxable in India, I can adjust the tax paid in Germany under DTAA. Please help me in the following points - 1) provide the procedure of currency conversion calculation for filling IT returns in India. 2) Which ITR form to be used for filling of returns. 3) What are the documents to be collected. 4) What are deductions are allowed like..HRA, Medical reimbursement, LTA, u/s 80 and chapter IV A, etc.. 5) Do I need to transfer the money to India in INR before 31st March'18 in tax point of view. Please assist.. Thanks in advance.

DATE OF INPUT INVOICE IS 29-JUN-2016 AND AVAILED INPUT CREDIT DURING JUN 2017 SERVICE TAX PAYMENT (PAYMENT IN 5 TH JULY 2017 ) IS IT CORRECT OR WE SHOULD HAVE AVAILED IN MAY 2017 ?

Was it 31st July 2017 for individual ? Now I have to file ITR-4 for an individual. How to workout interest u/s 234-A. The SA Tax is below Rs 5,000/-