24 July 2025
Let’s answer both of your questions clearly and separately:
✅ 1. Can I submit Service Tax Challan, Return, and Registration online (as of December 2010)? Yes, as of 2010, you could do the following online through the ACES (Automation of Central Excise and Service Tax) portal: Website: www.aces.gov.in
Through ACES, you could:
Apply for service tax registration (Form ST-1)
File service tax returns (Form ST-3)
Submit challans (though payment is made through net banking, and ACES links to NSDL/authorized banks for this)
Steps (in 2010):
Go to www.aces.gov.in
Create a user ID (if new).
For registration, file Form ST-1 online.
After registration, you can file ST-3 returns and view status.
Use e-payment portal (via https://cbec-easiest.gov.in) for service tax challan payments.
✅ 2. What is the maximum exemption limit for a gift in cash to a relative (for tax purposes)? As per the Income Tax Act, Section 56(2)(vii) (relevant as of 2010):
💸 Gifts from relatives are fully exempt — No limit If a gift is received from a "relative", there is no upper limit, and the entire gift amount is tax-free, whether cash or kind.
Who is considered a "relative"?
Spouse
Brother/sister (of self or of spouse)
Brother/sister of either parent
Lineal ascendant or descendant (parents, grandparents, children, grandchildren)
Spouse of any of the above
⚠️ If the gift is from a non-relative: Gifts (cash, cheque, property, etc.) exceeding ₹50,000 in a financial year are taxable as "Income from Other Sources".
🔍 Example: ₹2 lakh in cash gifted by father: ✅ Exempt
₹1 lakh in cash gifted by friend: ❌ Taxable, since it exceeds ₹50,000 and friend is not a "relative"