163. Taxation of Income from Gift | CA Inter, CS Executive & CMA Inter

Taxation of Income from Gift | CA Inter, CS Executive & CMA Inter
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[@rush003]

thank you so nuchh sir!!!

[@itsme-sneha]

Thank you sir 😊

[@StudyAtHome]

Welcome

[@DUfest999]

thank you so much sir

[@StudyAtHome]

Welcome

[@sreesomaharsharapaka9341]

I was wondering if the difference between sdv and consideration is above 50000 and below 10% of consideration, taxable or not. I couldn't find the answe anywhere but this video helped me clarify my doubt. Thank you very much sir. Keep uploading videos for us

[@VarunSharma-lj2hn]

thank you so much sir all my answers were correct.

[@StudyAtHome]

Well done!

[@zoyamehboob6142]

Thank you sir

[@StudyAtHome]

Welcome

[@Rajadurai_2513]

Sir pls provide sub title for further classes

[@StudyAtHome]

In process

[@Khushi_saikh]

🎉🎉🎉🎉

[@vinayakparab9411]

I must say i watched every video for taxation of gift but not able to understand the concept but after watching this video my every concept is cleared. Thank you for uploading this lecture. Though it is free video but every second of this lecture feels worth watching.

[@StudyAtHome]

Thank you for your kind words! I'm thrilled to hear that the lecture helped clarify the concepts of gift taxation for you. Your appreciation means a lot.

[@nihal_singh478]

thankyou so much sir for your valuable Vedio. one thing I want to tell other students that as your vedios are free here it doesn't mean that you'll get limited knowledge but it's as same as the other paid classes you are attending. in fact I would say this is more better than any other course on income tax.

[@StudyAtHome]

Thank you for your kind words and for sharing your perspective! I'm glad to hear that you find the videos valuable and on par with other paid classes. Keep watching!

[@pranavsingh5572]

thank you sir

[@Casg419]

Sir car gift krenge toh kya hoga wo to movable property ki definition me nhi aarha

[@StudyAtHome]

Tax nahi lagega

[@ayogesh789]

@@StudyAtHome gifting car is not taxable ?🤔

[@gamingfest4411]

Ma cs executive student hu
A sab mara module ma details ma Nahe dia ha just mention kar Dia ha

[@StudyAtHome]

Lekin padhna sab hai

[@mihirshah6504]

awesome sir , Can i get notes sir?

[@StudyAtHome]

Thank you! Notes:
✅ Printed Material of Taxation - bit.ly/3OwBkfe
✅ View only Income Tax PDF (Non - Downloadable) - on-app.in/app/oc/218092/teddv
GST Notes PDF's link is mentioned in the description box of the GST videos.

[@Faizanmalek328]

Gandhi medaan ka bhumi poojan kisko yaad hai 😂😂

[@nripendraku]

28:25 catagory (1) from A&B =50,000+5,000=55,000
Category (2) from C&E= 30,000+12,000=42,000
Catagory (3) from D&F= (50,000-10,000=40,000)+(30,000-12,000=18,000) =58,000
Category (4) from G =20,000
Category (4) from H =40,000
Therefore catagory (1) 55,000 + category (3) 58,000 will be total taxable
Therefore Gift Income of Z = 55,000+58,000=1,13,000

[@nripendraku]

32:22 my answer is correct sir ❤😊

[@StudyAtHome]

Good!

[@akshaygupta5948]

Sir aapki aawaz echo ho Rahi hai please try to improve sir

[@StudyAtHome]

We will fix it in other coming videos.

[@akshaygupta5948]

@@StudyAtHome thanks sir🙏

[@StudyAtHome]

👍

[@ameetopiwala7255]

1:02:48
Sir solve the question in one go Without any difficulty
Thank you for clearing the concept very easily😊

[@StudyAtHome]

Well done! You're welcome😊

[@nripendraku]

23:58 Right sir ❤😊

[@mr_ace.07]

sir then what will be the consequences in hands of big lawyer-CA who are selling back dated stamp pprs at much higher rates.
is diff. amt of FMV of stamp ppr & extra amt. charged will become their income (PGBP or IOS) ? & at which tax rt. it will be taxable for them ?

[@StudyAtHome]

Beta ye sb dikhate thodi na hai, ye sb chori se hota hai na.

[@mr_ace.07]

@@StudyAtHome thanks sir for your reply
Sir maine salary me RFA computation related doubt pucha tha apko Lect. 65 comment me & apke wp me bhi screenshot share kiya tha CMA insti ne jo amendments ki supplementary release ki hai usme.
Aap ek baar clarify kar dete
Usme Cost inflation index use kiya hai
To Jun 24 me konsi method follow kare apki ya unki 😇🙏🏻

[@LICBABA-k8y]

Capital gain class k baad ye class bahut achchhey se samajh me aaya .....super class.......badi asani se samjh me aa gaya 🎉❤🎉❤🎉❤🎉🎉❤🎉❤

[@StudyAtHome]

Glad to know that! Thank you!

[@gireeshkumarsahu1233]

Dear sir, firstly you told gift has 3 categories:- money, movable and immovable. suppose if a person transfers intangible assets such as patent or copyright without considerstion to some other person so in which category will it come? or is there another category for intangibles?

[@nripendraku]

46:33 Right sir ❤😊

[@nripendraku]

34:49 Awesome sir ❤😊

[@StudyAtHome]

Thank you!

[@nripendraku]

Good evening sir ❤😊 Good Looking sir 😊

[@nripendraku]

24:26 category (2)= 12,000+70,000=82,000 will be total taxable 😊

[@nripendraku]

Good morning sir❤😊

[@StudyAtHome]

Good Morning! 😊🙌

[@nripendraku]

59:11 Category (1) =50,000+20,000=70,000
Catagory (2) =20,000
Category (3) = (50,000-20,000=30,000)+(50,000-5,000=45,000)+(70,000-20,000=50,000)=1,25,000
Category (4)=20,000
Category (4)=50,000
Catagory (4)=50,000
Catagory (5)=5,00,000 (because consideration not exceed 50,000 or 10% of construction)
Therefore Gift income of x=70,000+1,25,000=1,95,000

[@nripendraku]

1:02:29 my answer is incorrect sir because मेरा पुरा फोकस catagory 5 पे था sir और मैने catagory (1),(3) और (4) के FMV पे ध्यान ही नहीं दिया so sorry sir 😊

[@deepikaarora4732]

LAST question case1.70000 taxable
case2.40000 exempt
case3.185000 taxable
case 4.60000 taxable
case5.nil

[@javvadmahammed9125]

Sir, small doubt, in practical life we can use these definitions. Is it enough or do we have to learn more? Because IT comes in the CA final too.. What is there?

[@sanyeuhsah]

Sir ese to ye 2 jgh taxable ho jyega ek capital gain me or ek income from other sources me

[@nripendraku]

21:48 Gift from catagory (1)=10,000+15,000=25,000
Gift from catagory (2)=12,000+30,000=42,000
Gift from catagory (3)=40,000-10,000=30,000
No taxable income from any category.

[@nripendraku]

23:38 my answer is correct sir 😊

[@StudyAtHome]

Good!

[@premsaww]

fully new recorded video ka claim karne ke badd v old recorded video 😂
Leason - Don't trust anyone's claim

[@mr_ace.07]

bro sir ke efforts to dekh , free me toh itna valuable content de rahe hai
aur waise bhi jisme old lects. se kaam chalta ho to usme woh faaltu me time waste kyu kare unka , agar amendments ho to baat alag hai !
🤔🙁 soch to sahi bolne se pehle.

[@Sanyam.singhai]

sir ajjj appkii video mai ekk galtiii haiii pls useee next time mat kariyeee gaaa.....jab bhi appp gift kii batt karee toh FRIEND kaa name mat use kariyee.....sir yee kabhi gift nahi dee saktai🤣🤣

[@Amitkumar-vl3dn]

relatable mere bhi friend gift nahi dete 😂😂😂😂😂

[@adityasaxena5836]

Sir book is relevant for may 24 or not

[@StudyAtHome]

Yes, the book is totally updated. You can check it out form here: bit.ly/3OwBkfe

[@CAPrepration]

Sir our kitene lectures honge....

[@Amitkumar-vl3dn]

31:40
i got 4th category wrong because i added 20000+40000=60000 taxable income.
why am i so dumb.

[@StudyAtHome]

Don't worry! Keep revising and solving problems and you will be able to get it correct. 😊

[@Amitkumar-vl3dn]

sir today background was nice but audio was not as always

[@MikkiGoyal]

It is old video that's way audio is not good😢

[@Amitkumar-vl3dn]

@@MikkiGoyal sad lyf

[@gamingfest4411]

But no change in this concept
That why he provides old video

[@adityasaxena5836]

Book link

[@StudyAtHome]

Printed Material of Taxation - bit.ly/3OwBkfe

[@nripendraku]

50:35 😅😅😅😂😂😂

[@ankitjha2]

Thank you sir 🙌

[@StudyAtHome]

You're welcome! 😊

[@tanishq_agrawal]

Thankyou sir 🙏

[@StudyAtHome]

You're welcome! 😊

[@nripendraku]

13:54 Right sir ❤😊

[@CMBABDULAHAD]

Thank you sir ❤

[@StudyAtHome]

You're welcome! 😊

[@nripendraku]

52:41 Right sir ❤😊

[@nripendraku]

48:43 Right sir ❤😊