Advance given to wife for buying a property ; tax treatment?
Answers were Sorted based on User's Feedback
Answer / md
according to section 64 of income tax act. any advances
given to to you wife is not regarded as advances it wil be
taxed in your hand.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / muruasm
hi, i gave some amount to my wife for a property purchase
and the property was registered her name. the amount which i
gave for the property was my own income (salary). what is
the tax treatment for this amount, can i show it as a loan
given to wife. also how it will be treated in my wife's ITR?
and also my ITR?
| Is This Answer Correct ? | 2 Yes | 3 No |
i am proprioter of firm can i use my tan firm & personal
What is the benfit of c form
HOW TO FILE RETURN- SALARIED PERSON GETTING SALARY 6 MONTH FROM ONE & 6 MONTH ANOTHER COMPANY
0 Answers First National Bank,
Penalty if TDS Returns not submitted on time?
can we deduct tds of any government companies(state/central)
(1)what is last date of monthly TDS challan deposit (2) what is last date of TDS quarterly Return filling
32 Answers Advance Steel Tubes, Bombay Burmah Trading Corporation, First City, Kekran Mekran, SA Enterprises, Wipro,
Sir among the answers given by different persons, different answers are posted for the same question? regarding calculation of ESI & PF calculation whether on Basic or Gross salary? could u suggest the exact answer from the expert Pls.
#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY
What is the WCT percentage under which the amount is being deducted in Punjab. Under what Notification and dated when???????????. Serious Senor I need the answer other wise I would not have posed this question; Please send the answer to the mail address.
What is means by ESI ? How to calculate ESI ? ESI challan or form No. ?
7 Answers Buzzworks Business Services, Reliable Hitech Infrastructure Private Limited,
Timings / Months to file TDS return?
can we have benefit of CST in VAT (Haryana). explain?