Hi, Pls help me with the following queries:

1. Can we claim HRA exemption also if we get accommodation from employer ( not owned by employer but taken on lease from third party) which is valued under perquisites in sub-rule(1) but some part of rent is paid by employee to owner of accommodation?

2. Telephone provided by an employer to an employee at his residence is exempt perquisite only if the employer is a telecom company or exempt for all employees?

3. Kindly explain motor car rent exemption allowance proviion

4. what components of salary should be taken into consideration for valuing perquisite for accommodation?

Thanks,

Loan from partner - Rs.590000/-
Interest paid - Rs.100000/-
As per deed maximum rate is 18%
how much will be allowed as per income tax?

Dear Sir,
Where to fill amount of Credit note received by Cement dealer in Part P&L of itr4.

Whether I should add it with sales amount
or
I should fill it in col. 2(x) - any other income.

Please clarify.

During the F.Y 2013-14 company has deducted and deposited TCS with in time but company has fail to submitted TCS return except Q3. so can anybody tell me what are the consequence.

Hi,
I am salaried and I had filed my IT return last year before IT due date. However, I forgot to send the ITRV signed form to Banglore office of IT department. I had claimed refund in that return.

Can I send that original ITRV form now and will I get refund ?

Please advice.

Dear Expert,

My friend is running an NGO, whose gross receipts for FY 13-14 was 9.80 lacs.

His trust is registered under 12A & 80G.

Whether it is required to get 10B Audit report?

what is the due date of filing the trust return in this case??

Thanks in advnace.

One of our client wants to transfer 1cr From NRO A/c to NRE A/c and the nature of remittance is for domestic expenses to be incurred abroad. is it require to fill form 15CA & 15CB....

I have received a sum by selling a property I want to invest it in residential house to avoid capital gains tax but the investment would be made after 4-5 months, so in that period can I use that money in my business?

Dear experts,
Mr. X was offered in FY 2010-11 ESOPS of 100 Shares of unlisted company valued by them @ 1000/=.
The company has deducted TDS @30%.
Mr. X has sold these shares in 2013-14 FY for
200000/- to Mr.Y in a private transaction as shares are unlisted.
My queries are:
1. What will be the cost of acquisition - 1000/- per share or 700/- per share?
2. What will be the capital gains?
3. Will indexation can be done for the same?
What rate is it to be taxed?

AFTER DEATH OF SENIOR CITIZEN GOLD TRANSFER TO HIS FAMILY LIKE SON, SON'S WIFE,ETC.
VALUE TO EACH ONE IS RS. 250000 WHETHER IS IT TAXABLE TO RECEIVER OR NOT ???????/