I recd msg saying, For PAN AMV*****OH AY 2017-2018 has issued a communication u/s 143(1)(a) for which there has been no response as on date. Please submit your response immediately. Could you please explain what they are asking to submit.
I’m receiving one crore rupee gift from my cousin sister — my father’s biological brothers daughter. My question is how much tax will I have to pay to Indian authorities. I’m USA citizen and OCI of India . Thanks in advance
My father’s cousin brother wants to give me some property and cash under inheritance as he has no child so I want to know that is there any tax implication in my hands? And is there necessary that a separate deed is made for every Gift received?