Sir,
1.) If I earn an income by driving taxi, and I have generated cash and deposited the cash into the bank account. Then while filing ITR form, its asking me to fill TDS details otherwise cannot proceed further. What should be done in this scenario? How does the taxation work in this case?
2.) If a son transfer to his mothers account a sum of Rs.3,00,000 for a financial year and signs a gift deed with her. Does the mother have to declare Rs.3,00,000/- as non taxable income in ITR Form ?
Pls guide me.
CAclubindia
