Fire your tax related queries and i would get it solved!!!

[magnet]

In both the cases it is correct.....gift can be made without any taxation.

That means husband to brother in law...
than brother in law to your wife

This way clubbing can b avoided?

 

[diosys]

That means husband to brother in law...
than brother in law to your wife

This way clubbing can b avoided?

Money transferred between siblings also do not get covered under clubbing provisions...So you can gift it directly also.

 

[magnet]

Money transferred between siblings also do not get covered under clubbing provisions...So you can gift it directly also.

Na main funda is..
husband wants to gift wife......
Thats why asked about the via route

 

[wattax]

Diosys, can I get your thoughts on the Tax Return Preparer Scheme?

 

[shajay12]

Hi Diosys,

As now i have gained some knowledge about the Mutual funds you had suggested me.

So please let me know if i want to invest in a particular mutual funds then do i need to go to the respective banks to fill some forms so that i can buy the mutual funds?

Also where i can read the offer documents of these funds.

Regards,
Ajay

 

[VJAY]

Dear diosys,

This querry for one poor woman.She agent of PERAL some thing like firm she got some 8000+ as commission so deducted some rs849 as TDS for last year.Now she got TDS certificate.Can she get this deducted amount?then what she do for this?....her only income to survive is this comission.(WHAT A LAW !SHE ONLY GET 8000+ AS INCOME GOVT TAKE 840+ FOR THIS OHH!)please avaiting your early reply so i can give her andvice to get it back......If there is no chance to get back 800+ ...why these all govts looting in the name of POORs.......

 

[VJAY]

Dear diosys,

This querry for one poor woman.She agent of PERAL some thing like firm she got some 8000+ as commission so deducted some rs849 as TDS for last year.Now she got TDS certificate.Can she get this deducted amount?then what she do for this?....her only income to survive is this comission.(WHAT A LAW !SHE ONLY GET 8000+ AS INCOME GOVT TAKE 840+ FOR THIS OHH!)please avaiting your early reply so i can give her andvice to get it back......If there is no chance to get back 800+ ...why these all govts looting in the name of POORs.......

 

[diosys]

Diosys, can I get your thoughts on the Tax Return Preparer Scheme?

Please be specific...

As far as i know this scheme has been a failure till now.

 

[diosys]

Hi Diosys,

As now i have gained some knowledge about the Mutual funds you had suggested me.

So please let me know if i want to invest in a particular mutual funds then do i need to go to the respective banks to fill some forms so that i can buy the mutual funds?

Also where i can read the offer documents of these funds.

Regards,
Ajay

Offer documents are available on every AMC website or google for AMFI india website all the offer documents would be available there....

Forms are also available at the website to the AMC's

 

[diosys]

Dear diosys,

This querry for one poor woman.She agent of PERAL some thing like firm she got some 8000+ as commission so deducted some rs849 as TDS for last year.Now she got TDS certificate.Can she get this deducted amount?then what she do for this?....her only income to survive is this comission.(WHAT A LAW !SHE ONLY GET 8000+ AS INCOME GOVT TAKE 840+ FOR THIS OHH!)please avaiting your early reply so i can give her andvice to get it back......If there is no chance to get back 800+ ...why these all govts looting in the name of POORs.......

CAnt help her getting avoided with the TDS part.... that would be deducted once the commision paid to her for the year crosses 2,500/-

As fas as getting that 800 back the only way is to file her income tax return and claim the same as a refund....That is the only way....