Would like to know how can i give maximum benefit in HRA

For example:one of our employee details _
1.Monthly HR allowance : 6922 (40 % of basic)
2.employee is paying rent of 12000 pm
3.employee gross salary is 7.71 lac + 1 lac is bonus.

Pls note the above is per month details of an employee. Help me to know how much exepmtion can given to employee for this financial year.
Thank you.

what is awarders return in sales Tax/Vat?Is it related with works contract?Please explain

There is a column (Point No. 26) for deduction under chapter VIA in the tax audit report.
We usually write ' as per income tax return'

But there is no provision to write such words in the offline forms that are to be uploaded.

So, while uploading, if we select 'no', and do not mention any deduction to be claimed,
Can we still claim the deduction in the ITR?
or the deduction is available only if we mention it clearly in the tax audit report?

I am importing materials from japan which are to be used in manufacture of goods which are then exported.

My query is that while importing materials, whether I am liable to pay custom duty ?

Is there any way to avoid custom duty payable on port ? Because I am exporting the goods

Also guide me difference between duty drawback , rebate and bond while doing the export

Dear sir
one our client is Manpower supply consultants
one of his customer is operating Multi store super market like Reliance fresh he will supply his employees to carry out the grading and sorting of agricultural products (vegetables, fruits ) based on the quality and size for this activity service tax will apply

Thanking you

we are manufacturers.we are preparing invoices rule 11 of central excise rule 2002.is that single invoice is enough for sales tax complience?

provision of 44ad apply to visa agent or not

For doing exports which option is better and safe?
DA
DP
or LC.

Dear Experts,
My client had purchased a 10 acre agricultural property in 2004 for Rs.25 lacs and spent on leveling,development, and construction of wall through out etc etc and the total cost of the land came around 47 lacs, and in the year 2007 she sold the property due to some dispute from the villagers to a prospective buyer for an amount of Rs.85 lacs as in where is basis. whereas the registration value as per sub registrar was 1.84 crs. for which the buyer after having negotiated paid 85 lacs in full and got the property registered for the sub-registrar value and paid the stamp duty accordingly.
Now my client has been served on a notice u/s 142(1)to produce relevant return of income from 2007-08 onward and pay the capital gains on 1,84 lacs- 25 lacs. The ITo is not ready to accept the sale consideration of Rs.85 lacs at any cost. he says it is done purposely to avoid capital gains.
Dear experts kindly advice on the same.

I am a dealer in Karnataka and i am an works contractor and opted for COT scheme.
However, i made CST purchases for my contract work and that to paying higher rate of CST( with out C Form).
my query is, whether i liable to pay VAT again on my CST purchases.

Kindly guide in this matter and do the needful.

Girish