Till recently I was getting 30% HRA every month but from next month my employer has given an option for availaing Rs.15000 per month(Which more compared to HRA for salary drawn by me)as Incentive for housing facilities in lieu of HRA 30 per cent.

Please given your expert opinion

(i) HRA on per cent basis and Incentive for housing facities are same except for change in name and I will continue to get tax benefit under section 10(13A) of the Income tax Act.

(ii) If I will " not " get tax benefit under section 10(13A) of the Income tax Act then WHY.

(III)If I still i want to continue tax benefit even after recieving incentive for housng faciltiies of Rs.15,000 ---- what I will be required to do
Thanks in advance

what is the assessment year for may 2009

due to some settings problem in Xp my system is not remembring my User Id and Passwords for E- mails etc
how can i fix this problem? i am using micro soft Internet Explorer 6.0

I want to form a trust with only family member as trustee and no doation will be accepted and fund will come only from trustee it self
tell me that whether i have to follow income tax provision for registration under section 11 to 13 or not?

Dear Sir/Mam,

I have one doubt if one person transfer

Some money from abroad to Indian person

What should have the Indian person and

How the tax department treats this if the

Amount exceeds $80,000. Because if any

Amount received from abroad with out loan

Purpose it will non taxable (I heard).

Please clear the doubt.

Dear Sir,

I am working in a Iron & steel Co from the past one year in Accounts Dept.I do the entries of Sale Invoices, Stores GRN, Raw Materials Receipt Entries and Reconsilation of Creditors Bills.

I am a Final year Student of B.com from IGNOU.I worked as an accountant in a construction firm of Iron & Steel before this job for 15 months.
Plz let me know the prospects of my career in this sector i.e manufacturing and what courses to pursue after my Graduation through distance mode.

T.Santosh

I have received the rent of RS.7.90lacs in financial year 2007-2008.Will I have to pay service tax or not.

We are manufacturers. We have units in Andhra Pradesh and Maharashtra.
I have doubt regarding EPCG lic., for our units in Maharashtra we have applied EPCG Lic. from Mumbai / Pune DGFT, now my doubt is for our new unit which is going to start within 25-30days, can we apply the IEC/EPCG Lic. from Hyderabad DGFT itself, if yes, what is the procedure.

regds
k.ravi

Is Dep on Purchase of 2nd hand motor car can be cliamed ??????

what is the difference between CT1 & CT3, can anyone tell me with example.