My query related HRA.
If in Form-16 salary bifurcation not given means Gross salary given and no HRA and other allowance not given.
In my salary slip HRA and other allowance are given.
My question that can i take exemption HRA, Transportation etc. if salary bifurcation given in salary slip but not in Form-16.
Please suggest.
Dear Sir, goodevening sir,
I WANT TO KNOW THE FOLLWOING DETAILS.
example: IAM STATED EXPORT COMPANY IN TAMILNADU AND PURCHASE LOCAL GOODS (AACHI MASALA) FROM TAMILNADU AND SAME GOODS EXPORTED BY ME,
KINDLY SUGGEST ACCOUNTING ENTRYS WITH FORMS MAY BE ISSUE TO SELLER (AACHI)
THANKING YOU
Can you help me in this little question
a client/individual is supposed to receive some referral fee for a consulting job overseas.
the company is deducting corp tax of 20% in UK from the fee received by the client/individual in India. and they would remit the balance along with a copy of tax deducted being sent for records.
will this tax deduction of 20% by the UK company as proof is enough for the indian entity to file tax that has been paid in UK or is there any other taxes that the indian entity has to pay.or any indian IT dept will ask him to pay?
as he has already being taxed by the payee overseas,
can you help in this matter.
Paul.
SIR,
A MANUFACTURING COMPANY HAS INCURRED LONG TERM CAPITAL LOSS OF RS. 50.00 LACS ON SALE OF LISTED SECURITY AFTER AVAILING INDEXATION FACILITY UNDER OPTION I 20% TAX RATE
THE COMPANY HAS ALSO EARNED LONG TERM CAPITAL GAIN OF RS.100.00 LACS AFTER INDEXATION ON SALE OF LAND
SIR PLEASE GUIDE ME THE LOSS ON SALE OF LISTED SECURITY CAN BE SET OFF AGAINST LONG TERM CAPITAL GAIN
One of our client (ex-A)want to buy building of rupees 60 lakh. now seller(ex-B) don't want to registeration for 60 lakh, reason is, if he sells more than 50 lakh in registration office they will ask to deduct TDS. query is...Who is going pay tax or who is going to deduct TDS in this case??? What are the problems from income tax if they registered above land below 50 lakh???
Hi,
1. What are the conditions for carry forward of service tax input credit?
2. Is there any time limit for this carry forward?
3. Is there any prescribed procedure for adjusting input credit against liability?
4. Are there any specific approvals to be taken from service tax department for carry forward of input credit to future periods?
5. Any other points that you may consider important with regard to above queries.
Appreciate prompt reply.
Regards,
Rajen
Can anybody specify the format of a board resolution for authorizing a director as the authorized person of a department of the company?
Dear Sir
please explain me whether cost of rewinding of engine alternator (125 kva generator)paid by our company Rs.50000/-is revenue exp. or it is capital exp.
please clear me urgent
thanks & best regards
Rupesh Kumar Gupta
I have filed ITR for Assessment Year 2013-14 online on Dt.05/12/2013. By mistaken while filing the ITR 4, Schedule BP, column No. 51, I entered Purchase figures (Rs. 17,45,668/-) instead of Gross Profit (Rs. 2,85,602/-). So, the Gross Profit was hike by mistake. Net Profit was shown correctly in the form. When I received Intimation U/s. 143(1), found computation as per Income Tax Department “Income from Business or Profession Rs. 16,56,885/-.
This was a data entry error. Now Can Revised Return filed. For the Assessment Year 2013-14 or Rectification U/s. 154 is possible ?
Online GST Course - Master the Fundamentals of GST with Practical Insights
Hra and other allowance