MY CA PORTAL

Knowledge Centre

Income Tax

Article added in Income Tax 0 views

Are there any cases in which the value of immovable property received by an individual or HUF without consideration (i.e. by way of gift) is not charged to tax?|Are gifts of immovable property received by an individual or HUF charged to tax?

Date of publishing Mar 12, 2019
Author CA Admin,

Article added in Income Tax 0 views

If the aggregate value of gift received during the year by an individual or HUF exceeds Rs. 50,000, whether total amount of gift will be charged to tax or only the amount in excess of Rs. 50,000 will be charged to tax?

Date of publishing Mar 11, 2019
Author CA Admin,

Article added in Income Tax 0 views

An Individual received different gifts (cash) from his friends, none of the gift exceeded Rs. 50,000 but the total of the gifts received during the year exceeded Rs. 50,000. What will be the tax treatment in such a case?

Date of publishing Mar 09, 2019
Author CA Admin,

Article added in Income Tax 0 views

Are monetary gifts received from abroad liable to tax?

Date of publishing Mar 08, 2019
Author CA Admin,

Article added in Income Tax 0 views

Are monetary gifts received from friends liable to tax?

Date of publishing Mar 07, 2019
Author CA Admin,

Article added in Income Tax 0 views

Apart from marriage are there any other occasions in which monetary gift received by an individual will not be charged to tax?

Date of publishing Mar 06, 2019
Author CA Admin,

Article added in Income Tax 0 views

Gift received from relatives are exempt from tax. Who will be considered as relative for the purpose of claiming such exemption?

Date of publishing Mar 06, 2019
Author CA Admin,

Article added in Income Tax 0 views

Are there any cases in which sum of money received without consideration, i.e., monetary gift received by an individual or HUF is not charged to tax?

Date of publishing Mar 05, 2019
Author CA Admin,

Article added in Income Tax 0 views

Are monetary gifts received by an individual or Hindu Undivided Family (HUF) taxable?

Date of publishing Mar 04, 2019
Author CA Admin,

Article added in Income Tax 0 views

If a person adopts the presumptive taxation scheme of section 44AE, then is he liable to pay advance tax in respect of income from business covered under section 44AE?

Date of publishing Mar 02, 2019
Author CA Admin,

Government Recognition to us

100% Secure Transactions

A PHP Error was encountered

Severity: 8192

Message: str_replace(): Passing null to parameter #3 ($subject) of type array|string is deprecated

Filename: core/Output.php

Line Number: 447

Backtrace:

File: /home2/abbiefashion/mycaportal.com/index.php
Line: 323
Function: require_once