i get Rs 3000 pm as reimbursement towards Books and periodicals... now wherther
a) it is taxable in my hands..?
b) do i have to submit bills for that..?
c) Books can it be any thing as news paper, magazines bills etc..??
d) is company liable to Pay FBT over the same..?
e) if Bills are not submitted will i be taxed over such amount.?

hello mam/sir,

one of my frnd has cleared his exam in may 08 and want to join the campus. he has done first step on the site for entering his Roll no this sunday. a msg came that ur detail will send to ur e-mail id. but still any info has not received by him till now. he is unable to re-reg also.

what should he do?
plz help as time is flow like water.

thanks in advance.

hello mam/sir,

one of my frnd has cleared his exam in may 08 and want to join the campus. he has done first step on the site for entering his Roll no this sunday. a msg came that ur detail will send to ur e-mail id. but still any info has not received by him till now. he is unable to re-reg also.

what should he do?
plz help as time is flow like water.

thanks in advance.

hello mam/sir,

one of my frnd has cleared his exam in may 08 and want to join the campus. he has done first step on the site for entering his Roll no this sunday. a msg came that ur detail will send to ur e-mail id. but still any info has not received by him till now. he is unable to re-reg also.

what should he do?
plz help as time is flow like water.

thanks in advance.

If the company pays hotel rent for its visitors more than Rs. 120000. is it liable for the company deduct tds or not.

I want to know that if any amount is invested in "Capital Gain Deposit Account Scheme" to avail exemption to Capital Gain from residential house property under Section 54; can the amount be used by drawing an overdraft on the FD(it will be used for purchasing another property only) instead of drawing the amount directly.
The reason for the same is that the stipulated period of 3yrs u/s 54 is about to expire.In order to invest before the expiry of the period the F.D. will have to be pre-matured which will result in substantial loss.
Please guide us regarding the same.

If a NRI takes a loan today and the assessee has started to pay the interest now and the possession of property will be received after a couple of years. By that time the assessee will return to India and hence file the return. Will he be able to claim deduction u/s 24(b) for the interest paid for the pre-construction period though he wasnt in India??????
Please help me.

Hi All,
Pls tell me CA Final 2nd group coaching near Hauz Khas, Aiims New Delhi for may 2009 attempt.

Thanx

In our organisation we receive the investment form, which contains all the details regarding there investments and expenses done on medical ground.
Normally there is no problem with the form with little mistakes done by employees. But this time we find that some employees submitted the fake bill and prescription of the doctor. They also give us the original bills were the correction and rubbing was done.

What action should we have to be taken from accounting and management point of view, so that the employees have little fear to not repeat the same incidence.

All the bill submitted was self attested by the employees.

In case of a company , for calculation of HRA rental agreement copy to be collectable from employee or only rental receipt is sufficient ?????