Dear Sir,
One employee of our firm want get of deduction of HRA paid by his previous employer. His previous employers has paid hra but not get deduction of hra. Our firm is also paying HRA. Can we give the deduction of HRA of his previous employer.
He is working with us in this F.Y for 2 Months (FEb-14 and Mar-14)
What will happen if we do not merge the income of one of his previous employer. Suppose, We do not get the documents of salary of his previous employer.
I have a private limited company incorprated in 2006.The owner of the co.desires to convert such company into one person Company (OPC)as per New Companies Act 2013. whether such private Limited Co.can be converted into OPC.
If yes, Then provide me the complete procedure for converting Pvt.Ltd. into OPC and what are the legal consequences thereof.
Thanx in advance.............................
Dear Sir,
We have three Manufacturing units in three different states. HO Located in AP. We prepared TB As Consolidated. And we have branches in all over India. The Problem is How can file the ER-4 Return.
Is it submit unit wise data or how.
IF HOUSE IS PURCHASED BY SPOUSE IN THERE JOINT NAME . THEY ALSO WANT TO HAVE HOUSING LOAN JOINTLY . BOTH ARE FILLING THEIR RETURN . I WANT TO ASK YOU
1 THE LIMIT 150000 HOUSING LOAN INTEREST CAN BE AVAILED BY BOTH OF THEM IN THEIR INDIVIDUAL RETURN IF RESPECTIVE INTEREST IS PAID BY THEM INDIVIDUALLY .
2 DEDUCTION IN RESPECT OF REPAYMENT OF HOUSING LOAN CAN BE CLAIMED AS ABOVE .
Dear All,
Please tell me whether Reverse Charge Mechanism is applicable on Fabrication Works?If Yes, at which rate.
Please tell me.
Thanks in advance.
which are the service which are not qualifying service tax credit for IT Company . Further on capex expense whether service tax credit is available or not .
If i maintained my books can i file the return by showing the profit less than 8% without auditing mine books by CA
An employee is having family at one place in rented house and he is staying in another rented house in another state for job purpose can he take rent paid on both properties for calculating HRA exemption.
Sir,
1. The assessee is Partnership Firm, engaged in the business of manufacturing activity.
2. However, during the year there is no business activity.
3. Further the firm has let out its property and in receipt of rental income.
4. Therefore, letting out income is treated as Income from Other Sources.
So,
1. Is Interest on Partners Capital and remuneration allowed as expenditure, even though income is taken under the head Income from Other Sources?
2. what about applicability of provisions of Sec. 40(b), 269SS, 269T of the I.T. Act, 1961?
Thank you.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Regarding hra deduction