Dear,

Please consider the below two mentioned articles queries:

Case1: Article assistant getting stipend as follows
1st Year: 6000
2nd Year: 7000
3rd Year: 8000
But the same is credited two times as Institute stipend 1000, 1250, 1500 and the balance amount will be credited as allowance separately.

In this case student went on leave for 1month. What is the eligible amount he can receive during this leave period?

Case2: Article assistant getting stipend as follows
1st Year: 6000
2nd Year: 7000
3rd Year: 8000

All the amount credit in single transaction as stipend only

In this case student went on leave for 1month. What is the eligible amount he can receive during this leave period?

Kindly reply at the earliest possible

Dear,

Please consider the below two mentioned articles queries:

Case1: Article assistant getting stipend as follows
1st Year: 6000
2nd Year: 7000
3rd Year: 8000
But the same is credited two times as Institute stipend 1000, 1250, 1500 and the balance amount will be credited as allowance separately.

In this case student went on leave for 1month. What is the eligible amount he can receive during this leave period?

Case2: Article assistant getting stipend as follows
1st Year: 6000
2nd Year: 7000
3rd Year: 8000

All the amount credit in single transaction as stipend only

In this case student went on leave for 1month. What is the eligible amount he can receive during this leave period?

Kindly reply at the earliest possible

Greeting to all,
In 24Q one col. is "Amount Paid/Credited".
I want to know how this amount will be calculated.
as per me below should be formula
Gross earning for the month
Add :- Taxable Perquisites for the month
Less :- Exemption (Edu. Hostle, Conveyance etc.) for the month
Balance amount will be taxable amount.


Regards,
Avinash

Dear all,
A company has taken a loan to repay an existing loan. it has incurred certain amount of expenditure towards loan processing fee. The loan is repayable over five years. Can the processing fee be expensed over 5 years. i.e expenditure to the extent it relates to current year is charged to revenue and the rest is shown as prepaid to be expensed in subsequent years. Is this correct?

My friend is spent Rs.2,00,000/- on his treatment of heart disease in Dec. 2013. Please let me know he can be claimed deduction of above expenses from their GTI under Sec.80DDB,80U, 80DD or any other Section as clear provision is not given in above sections.
Thanks

Can we show generator petrol expenses under the head electricity charges?
I found this mistake in audit

Prem was the Karta of HUF. He died leaving behind his major son Anand, his widow, his
grandmother and brother‘s wife. Can the HUF retain its status as such or the surviving persons
become co-owners?

respected Experts,
I am working with a reputed firm as an article assistant. My working hours are 10.00 to 06.00 ie 8 hours & as per ICAI rules articles are required only to work for 35 hours in a week. So I want to know that whether I will got an credit of these extra hours or not ? If yes then how much ? & if no then why ?

Recently I read article in Economic times. http://economictimes.indiatimes.com/slideshows/investments-markets/7-ways-your-family-can-help-you-save-taxes/invest-through-your-spouse/slideshow/29292903.cms

Can anyone explain in detail what would be exact way of investing through non working spouse or retired parents ? How can I claim this while filling tax returns.

hello! I am CA Final student. & I have completed my 2nd group of CA final in nov 13. My articleship completion date was 16 aug 2013 and I have completed the formalities regarding form 108 but I got reply as I have taken exess leaves for 17 days. I was unable to make compliance regarding the same. I want to know the formalities to be completed for it.