Guide to .. Tax Management ,Tax Planning and Tax Saving
 

Gift Tax Planning -An insight to Tax Planning your Gifts

  1. No Tax benefits arise in gifting to your Spouse or minor children or daughter-in-law as income will be clubbed in the hands of the donor.

  2. On gifting to others, being relatives as defined under the IT. Act, the income arising therefrom shall not be clubbed under your hands.

  3. You may accept cross gifts upto Rs. 50,000 in favour of Yourselves, your Spouse & Minor Children from Non-relatives.

  4. Premarital Transfers: Gift to the fiancee before the marriage will not attract the clubbing provisions. The relationship of husband and wife must subsist not only at the time of the accrual of income from the gifted asset but also when the transfer of the assets is made. Similarly, gift may be made by father-in-law/mother-in-law to the prospective daughter-in-law.
0
MORE TOPICS ....
> Income Tax Rates / Tax Slabs (AY-2014-2015)
> Finance Act. 2014 - Highlights ( Tax Rates for AY 2015-2056)
> e-Payment of Tax & e-Filing
> Exemptions at a Glance
> Deductions at a Glance
> Taxable & Non-Taxable Perquisites
> Leave Encashment & Arrear of Salary
> Exemptions under Capital Gains
> Gift-Taxable under Income Tax
> Gift Tax-An insight to Tax Planning your Gifts
> Guide to various Tax Saving Schemes
> Family Tax Planning - Best way to Lower your Tax
> Choose the Right Tax Return Form
  Chat Showing Computation of 'SALARY' Income
> Advance Income Tax with due Dates for Filing Return
> TDS Table & their Limits
> Permanent Account Number (PAN)
> Easy way to calculate your Income Tax
> Hints for Filing Income Tax Returns
> Annual Tax Statement (ATS) for TDS
> Filing of Income Tax Return & Few Points
> Income Tax Survey - Rights/Duties during Survey
> How your Return File is Assessed / Scrutinised
> Rights of an Assessee during Income Tax Raid
> Reverse Mortgage Loan for Senior Citizen
> Education Loan - Tax Relief u/s 80E
> Save Tax on Your Home Loan

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
 
 
Get.. Tally.ERP9 Book + GST Practical Assignment @ Rs.550 Tally.ERP9 Book Online Order Tally.ERP9 Book Content
 
© 2018 : IncomeTaxManagement.Com