Dear All,

I have a residential house in hyderabad where my mother is staying(i'm paying principle & Interest).I stay in another area in a rented house due to my employment, but in the same city.

My question is can i claim HRA & House propery loss in my self declaration while giving to Employer.Does the employer has right under any section of IT act to reject the same.

Please clarify with case laws/sections if any.

Thanx in advance,

Regards,
Khayyum

Helloo
I wants to ask that a housing society has been newly formed and no audit was conducted in the F.Y 2007-08 but in 2008-2009 however audiy has been conducted and only sinking fund has been created,But as per Bylaws of Society out of the profits after interest ,25% should be transfereed to Reserve Fund .Is I am correct please suggest whether any other fund needs to be created.Its urgent

i m going to appear for may2010 attemp of IPCC, plz guide me about how to study as I have not joined any class. Can I refer "Compilation" book, which has previous yrs question papers?, or should i go ahead with the authors available in the market like "paduka" and so on? plz help me in this regard.

Hi.
Please provide me the details of Technology upgradation Scheme of Govt of India with reference to Textile Industry. (mostly fabrics, woven sacks, looms etc.)
what are the subsidies provided by the Govt. and what other benefits are there.

Thanks

I want to know which Accounting Standard is applicable for recognising revenue in case of a Civil Contractor - AS 7 Construction Contracts, or AS 9 Revenue Recognition.

The individual is engaged in pure civil contract works, which includes, Painting, renovation, Repairing etc of Buildings, Flats, etc, and specifically does not include Construction, or Redevelopment projects.

Para 8.3 of AS7 mentions that
"Contracts for rendering of services which are directly related to the construction of assets" are to be classified as Construction.

The question that arises here, is that whether a Civil Contractor can be covered under AS7 on the basis of the above-mentioned grounds or not.

Please reply quickly, THANKS IN ADVANCE!!!

if PPF is going to be matured the next year..and we withdraw d 80% allowable amount this yr..den wat are the consequences ??
like is only the interest not allowed in last yr..or sumthg else too.. ??

which color pen used by statutory auditor & internal auditor while cheking vouchers etc.
if we are working in office & we have to check the voucher as internal cheking then which color pen we shoud used?

Dear all,I want to say that every listed company have to publish their report querterly & annual report. Is there any website where I can see this total financial reports of listed company ??

We undertake LPG cylinder testing (statutory requirement)and painting contract. We are registered under Karnataka VAT Act. Hydro testing is purely labour oriented but painting includes materials. it is a composite contract & what is the VAT Liability involved under the Karnataka VAT act & whether we are liable to charge service tax on this service

I have two residential properties (one in my name and one in wife's)in Pune and one in Mumbai (wife's name). We live and have work places in Pune. I am showing property in my name in Pune as self-occupied. What are the options available to my wife? Can I and wife show seperate properties in Pune as self-occupied? Can my wife show property in Mumbai as self-occupied?
Will it make any difference to show property in Mumbai Vs in Pune as deemed let-out property?