Get Free Legal Advice from Top Expert Lawyers

Dear Client,
In the context of Hindu Undivided Family (HUF), it's typically formed by a family where the members are lineal descendants and share a common ancestor. If your family qualifies as an HUF, you can open an HUF account with your mother and brother. However, the possibility of transferring proceeds from your father's FD and PPF to the HUF account might depend on the specific terms and conditions of these financial instruments and the financial institution's policies. It's advisable to c

Dear Client,

Your father comes under the category of your relative, and any monetary amount given by him will fall under the category of gift and it will not be taxed.

Thank You.

Dear Client,
If you believe that the adjustment was incorrect and you are entitled to a refund, you may file a rectification request. This can be done online through the Income Tax Department's e-filing portal. Make sure to provide all necessary supporting documents and details. If the ITO is satisfied that there was an error in the original intimation order, they will issue a revised intimation order that reflects the corrected tax liability and initiates the refund process. Once the revised in

Dear Sir,
You may contact the International Advocates who have knowledge of International transactions more particularly loan transactions.

Dear Client,

1) In India, the buyer (Mr. C) is generally responsible for deducting TDS at the time of making the payment to the seller (Mr. B) in a property transaction. In this case, since Mr. C paid the consideration of 75 lakhs to Mr. B, he is responsible for deducting TDS as per the provisions of the Income Tax Act. Mr. C should deduct TDS on the entire consideration amount at the applicable TDS rate and deposit it with the government.

2) If the property is registered at a value lower tha

Dear Client,
Reporting tax evasion is a civic duty, and the government takes such reports seriously. The Income Tax Department may maintain confidentiality about your identity. However, there is no absolute guarantee, and in some cases, your identity may be disclosed during legal proceedings or investigations. If you have concrete evidence to support your claims, it is essential to provide this information to the tax authorities. You can approach the Directorate General of Income Tax (Investigat

Dear Sir,
You may get issue a strong legal notice threatening to approach Consumer forum for such lapse on the part of bankers.

Dear
Respond to the complaint: Prepare a formal response to the complaint filed against you. Clearly outline the terms of the verbal agreement made in front of the police and any other relevant details that support your case.

Gather evidence: Collect any evidence that supports your position, such as records of the verbal agreement, communication with the tenant, and any other relevant documentation. This evidence can help you establish the terms of the agreement and demonstrate your compliance

Dear
Respond to the Notice: Make sure to respond to the notice within the stipulated timeframe, even if you are unable to pay the full amount immediately. This shows your willingness to cooperate with the tax authorities.

Negotiate an Installment Plan: Contact the tax department and inquire about the possibility of setting up an installment plan to pay off your tax liability over a period of time. Many tax authorities provide such options for taxpayers facing financial difficulties.

Seek Profe

Dear

Gather Supporting Documents: Collect all relevant documents, such as your NEFT transaction records, rent receipts, and other evidence that demonstrates the legitimacy of the rental agreement and the actual payment of rent to your mother.

Consult with a New CA or Legal Advisor: Seek guidance from a new Chartered Accountant or a legal advisor experienced in property and tenancy matters. They can provide you with expert advice on how to present your case in court and address any discrepancie