Hi,

Any body can give if formula for the bill amount should be placed in columns like
0- 30days 30 - 60days 60- 90days >90 days for no. of days between bill date and outstanding date.

My query is as follows:
1. A person is being paid HRA by the employer. The employee decides to opt for accommodation provided by the employer. Now, the employee is not getting the HRA and the value of accommodation is being added to the salary of the employee @ 15%

The above situation is resulting in double tax as the employee is not getting any allowance and secondly the value of perq is being added to salary hence additional tax burden. Am i right in thinking so?

Kindly clarify if any income tax rules apply in such situation ??

If I am importing something, i need to submit the bill of exchange to the bank from which payment is released. but if I am paying through paypal where do I need to submit the bill of exchange?
in case of paypal, do i need to submit it to the bank through which i am linking paypal?

I am having only salary income...
For AY 2011-12 i had filed manual return on 28.07.2011.
But later in January 2013 i received a notice asking for me to file e return which i filed on 21.03.2013
But today on 04.04.2013 i found that the return had some errors(TDS shown as self-assessment tax).
How can i correct the same.

I want to know :

1. calculation of gratuity and its accounting treatment and,

2. is there any provision regulating investment of this provision/fund ?

Suppose an individual having an income of rs ten lakhs only from agriculture.....he does not have any other source of income.....will he liable to pay anu tax?

Dear Sir,
Please inform me for the TDs correction for the quarterly filed tds Statement for the year 2007-08
I have checked at TRACES website but The consolidated file available for FY 2008-09 on wards.
I have also Checked at TIN - NSDL Site but consolidated file not available there also.
Please give me reply as soon as possible.

I have filled my FY 2009-10 & FY 2011-12 ( as a nil)

i skip my return for fy 2010-11

give a appropriate suggestion.

Hi everyone my final exams are due after 6 months from now, as I stay in a small town please suggest me good books for doing self study. Especially for DT, Costing ,ISCA & FR.
I know that Vinod Gupta modules are the best but given the time constraints i.e. 6 months is it a good option as it is very vast,can I refer padhuka for DT is it a good option.

For FR should I take MP Vijay kumar or Tulsian.
For Costing Padhuka or Tulsian.
Does Tulsian contains past exam questions & RTP questions? Please help.

Please convey whether depreciation rates on Assets as follows
1.Building-5% 2.Furnitures & Fittings, Laboratory Equip ad Library-15% 3.Office Equip,Electrical fittings,AC,Water purifier and Photocopier-20% 4.Public Address System,Sports Equip,Vehicle-Van/Bus/others,Musical Instruments,Water Motor, Audio Video Equip and Borewell-30% 5.Generator-80% and 6.Computer-60%
are correct as per Incometax.