This (may13)was my 1st attempt to IPCC. I got exemption in paper1 and rest all I have failed. I am right now in SYBcom. So my query is should I appear again for both the groups or just gv group-1. I am afraid that if I gv both groups and I fail the I have to gv it in may14 when TYBCOM is going to begin.
Please guide me. I am really very confused.
With regards..

Dear Sir/Ma'm,

I have a doubt regarding the case in which HRA and Interest on Housing Loan can be claimed?

Related case is one person is staying in rented house of visakhapatnam working as an employee of A.u receiving HRA and at the same time she has another house which is her own in Vizayanagaram received rent in FY 2011-12 but in FY 2012-13 that house was not occupied by any tenant and housing loan is taken for that house.
whether that person can claim both HRA and Interest on Housing loan at the same time?

thanks in advance.......

difference btw cif value and fob value?

Hello Sir/Ma'am

we have given content writing work to foreigner (UAE) and she is the resident of UAE. currently we are not deducting TDS on her payment. i would like to ask as per DTAA, is she liable to pay tax or not. if yes, please clear rate and section.

Please share the link if possible

With Regards,
Naveen

Mr P is in employment with ABC Finance Limited, a leading Commercial Vehicle Loan Lending Company.
P is in receipt of income from company. The company deducts TDS under Sec 194J (Fees for Professional or Technical services) out of amount due to him.
Is it possible to furnish the income of Mr P in ITR-1? If not then in which ITR Form.

Thanks in advance

It is learnt that there is no TDS on interest income of Recurring deposit, however at the time of maturity the tax is payable. Now the question is whether the bank will deduct the tax at maturity or we have to pay it at our own. In case it is to be paid at our own. Whether we can add interest accrued of each year to our income and pay tax and in the year of maturity, pay tax only for the interest accrued for that year i.e. for the last year. Please advise suitably.

Sir,
My query is that, I have purchase material on name of my A company, but by mistake I have made cheque payment through my B company.This transaction took place in previous year in month-Sept 2012. We are having Mercantile accounting system. Now I want purchase bill to be on name of B company from my purchaser for audit purpose, whether this is possible? Tell me what is the solution for accounts purpose.
Thanks,
Pravin.

sir

Can A work contractor paying service tax by availing abatement @ 60% for material etc. take ITC. on all other input service like banking, telephone, insurance,or he is to restrict himself by taking ITC of services which he has used for providing that particular service in which he is registered.

Please Tell me best book for CA Final Costing, Isca, DT & IDT ( for self study)

We are getting our Herbal / Ayurvedic product manufactured on third party contract mfg and then sell it directly to the exporter.

Kindly let us know how to avoid excise on the goods to be dispatched coz 3 parties r involved.

We (product owner), the manufacturer who is manufacturing our product and our buyer the exporter.

What procedure we should follow.
Your valuable advice will be highly appreciated.

Luv Khanna
09819943349