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.
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.
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?
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
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