rizwan
09 January 2009 at 20:46

computation of HRA

if a person get salary in mumbai and doing service in saudi . and paying house rent in mumbai where his family member's are residing.(family member include father and mother)

Salary details
HRA per month RS.9830
Actual.rent paid - Rs-8000 P.M.
BASIC SALARY INLUDING D.A RS.19212 P.M.
what is the taxable amount of HRA.


Manudeep Garg

Sec 44 AD are applicable only when gross receipts received or receivable does not exceed Rs. 40,00,000/-. For a civil construction Contractor,, when a contract of construction of a building is for Rs. 50,00,000 but building is not completed in one year. Upto 31st march, Construction of Building is Still going on, and payment received are only Rs. 1500000 then what will be the implications, whether 44AD are applcable on that contractor for that year, if he has a single Contract of Rs. 50,00,000.


Manudeep Garg


In Total Services,, one service is of Construction of Commercal or Industrial Complex,, and also there is one service of Works Contract. Please tell me what is the difference between these twos?
My Client is Contractor for Civil Construction,, which one would be applicable on him?


Shilpa
09 January 2009 at 20:05

Applicability

Pls advise if a company is providing IT services , sitting in India ...abroad(UK) and remittence is received in FOREX only . Are we exempt from service tax or not .

Services are rendered online from India
Remittence recd in GBP

Will it be treated as export and thus exempt from service tax or not.

Pls advise asap.

Thanks & Regards


Jairam
09 January 2009 at 20:02

UPPER AND LOWER CIRCUIT

Why is satyam stock not subject to Circuits?


O. Mahalakshmi
09 January 2009 at 18:58

Telephone Bills service Tax

Shall take service tax amount of Telephone Bills as input and in which category of service?


Bipin Damania
09 January 2009 at 18:26

minor income tax return

when minor has to file return separately ?


K G Karthikeyan
09 January 2009 at 17:58

HUF - only professional income is there

A married individual has professional income alone. with that income can he form a HUF? he doesn't have any fixed asset in his name.


CA.Vijay Shetty
09 January 2009 at 17:56

Renting of immovable property

Whether service tax will be applicable in case renting of immovable property by a charitable institution?


firoza
09 January 2009 at 17:46

Accounts (PCC)

what is meant arm lenght transaction? answer this question pleassssssssssssse





CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query