Sir

i have heard there has been amendments with regard to deductions to be claimed from salary income

e.g.

pan to be disclosed of landlord for claiming hra exemption

please provide all the details of recent amendments related to salaried employees.

as i am responsible for collecting proof of tax saving instruments from employees

dheeraj kumar

Dear Sir,
Is there any provision that father in law can attend income tax scrutiny/hearing instead of C.A. what is the provision, if any.

Dear sir, we are automotive parts manf co.for our process we purchased some local parts with VAT and now i want to sale the same with raising excise invoice,is this right way if we included the VAT purchase parts? if not how to raise invoice for vat parts and excise parts or seperate invoice need to creat for each

plz suggest me

we have a manufacturing unit under SSI exemption.Our unit never crossed 100 lakhs p.a. We are doing job work to Central Excise licensed unit under Rule 4 (6) challan. Now
the questin whether our unit
is liable to pay central excise duty/service tax. Suppose if
answer is no then who will liable to pay the duty/tax. Please explain in a detaile manner.

I paid rent 84,000/- for 7 months (12,000/- per month) to the house owner A and 60,000- for 5 months (12,000/- per month). (both in New Delhi)

total rent paid(84,000) to owner A is below Rs. 100,000/- for the year 2013-14. Similarly rent paid(60,000) to owner B is also below Rs. 100,000/- for the year 2013-14,
There should not be any requirement to submit the proof of PAN of both owner

Whether, in this case I have to submit PAN of both owner to the Income Tax Department?

Basic 250,000
Actual HRA 150,000
Rent Paid(144,000) - 10% of Basic Salary(25,000)
119,000
50% of Basic Salary 125,000
least of 150,000 / 119,000 / 125,000 = 119,000
(without PAN of both owners)


Dear experts,
thanks in advance.

Next is my 3rd attempt for IPCC. Don't know which is better, that going for coaching or self study

Hi,

In the case of rental receipts for claiming HRA, many of the employees are facing a problem as owners of property/landlords are not furnishing their PAN. What is the recourse available to the employees in these cases. Can the Employer ignore the PAN and take the rental receipts with details furnished such as the name and address of the landlord along with the address of the let out property?
Is there any win-win situation to both the employees and employers?
Regards

whether section 185, dealing with loan to director, is applicable or has been kept in abeyance/pending by circular No 18/2013 dated 19 nov. 2013

Hi All,

A company ( ultimate buyer) has customs duty exemption.

Whether they can purchase any material through high sea sales option and use the customs duty exemption for the same.

Please opine. Thanks in advance

Sir,
I had filed income tax return withdue date,but failed to sumbit itr V within 120 days.
Today i checked itr status, where i found that ITRV has been rejected.

please guide me what should i do now.