if i am a normal salaried employee and will not come under
IT payer slab, if i have received a monitory help of
Rs.15lacs from my friend who is staying abroad and it is on
returnable basis, how i can show this in my IT remittacnce?
is there any taxes i have to pay?. if i am going to payback
him every year 1lacs how i have to show this?
please suggest me
Reg
RK
Answer Posted / ameet narayankhedkar
You can show this as 'Hand loan' . but this needs to have a
proof...like a cheque from your friend / a bank draft.
Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
which purchases is profitable for us a building material purchases from direct of contactor ?
what are accounting principles
How to calculate the TDS
please let me know how to show the sales to unregisterd dealers in tn ctd new portal and in which annexure to select for filing sales to unregisterd dealers, cash / consumer sales
anybody pls tell me about the service tax
what Is the ITc Claimed. how to utilized the ITC.
How to working service tax in excel sheet?
Any one can mail soft copy of Balance sheet,Trading and profit and loss alc.of a small firm or small co for study
how to pass service tax reverse charge entry pass in books
if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form
Hi, I am working in MNC, I Want to Know about TDS. What is Deposit date of TDS for all categaries & Which challan or Form What is date of Submit tds return quarterly for in a Company & Which form fill up
what is rules of taxation
What is Cenvat
what is cenvet credit in vat.
WHAT IS EXECUTION OF WORKS CONTRACT ?