Dear All,
Can an Assessee avail the exemption of HRA under the head "Income from Salary"( as he is living on rent) and simultaneously avail the exemption of Interest paid on Housing Loan on Self occupied property(SOP) under the head " Income from House property".

The Interest paid is on the SOP but the same building is under Redevelopment process and thus not in a condition to reside.
Thus can he avail the exemption simultaneously.??

If He can not avail the Interest paid on SOP then can he carry forward the same to get the exemption in the subsequent A.Y. and what would be the Time limit till the assesee can carry forward the same.

Awaiting for the response.

we are manufacturing unit we purchased materials from local vendor by paying Duty

But we have not taken Input cenvat Credit on this supply? after processing the goods we exported under LUT but can we claim rebate for this supply?

MY CLIENT HAS FILED ITR WITH LOWER INCOME FOR P.Y 09-10,10-11 AND 11-12 AND ALL ARE PROCESSED.NOW HE HAS RECD NOTICE U/S 142.IN FACT, HE IS HAVING 4-5 TIME OF INCOME SUPRESSED(SINCE IT WAS NOT DISCUSSED WITH ITP).CAN THE ITR BE FILED NOW WITH HIGHER INCOME BY WAY OF REVISED INCOME IN ADDTION TO ALREADY FILED ITR AND PROCESSED. PLEASE CLARIFY.THANKS IN ADVANCE

A Co-operative Society is formed for a building in which there are 200 offices and it charges monthly maintenance from each of the office premises for its building maintenance, apart from this it also reimburses electricity charges which are supposed to be paid to the electric supply company.

In this regard I want to know whether the Co-operative society should levy service tax or not.

Dear All,
Can A Dealer avail the Sett-off of Out of maharashtra purchase Tax Paid amt (if the Dealer is not availing the C form i.e it is taxed at the normal applicable rate. and not @ 2%) on the MVAT Sales ???
Awaiting for reply.

dear sir / madam,

i m starting new business ( labour chgs for diamond polishing ) within a month & i m proprietor

expected turnover will be around 50 lacs

kindly advise where i have to register my new business ?

what i have understand that i have to apply for esic & stax is not applicable

kindly guide me

I am salaries person and also have rental income from house properities. I also do intraday trading in future & option in stock market and have loss this year. Which ITR form I should use, i.e. ITR 2 or ITR 4. urgent clarification please.

What is C form? Who required it?
Benefits of C form??

Hi.,


Our Client has taken an Franchisee Agreement from ZEE KIDZEE.(Franchisor)


Whether our client is liable for service tax registration on his receipts.

ONE OF MY CLIENT IS MANUFACTURER WHO AVAILS SSI EXEMPTION. THIS YEAR 2013-14 IS FIRST YEAR OF PRODUCTION SO TURNOVER UPTO 1.50 CRORE NO EXCISE DUTY PAYABLE.

1. WHETHER IN TURNOVER 1.50 CRORE JOB WORK CHARGES INCLUDED?

2. UPTO 1.50 CR NO EXCISE DUTY PAYABLE ON SALE VALUE SO ON JOB WORK WHAT TAX PAYABLE? VAT OR S.T? OR ONLY JOB CHARGE BILL WITHOUT ANY TAX?

3. AFTER 1.5 CR SALES EXCISE DUTY WILL BE CHARGEABLE TO ALL SALES AND JOB WORK BILLS?