For a salaried assessee if the income is below 500000 it is not necessary to file IT return.
Now whether the GTI must be less than 500000 or the net taxable Income must be below 500000.
And the GTI can include income other than income from salaries also??

The Finance Bill 2013-14 proposes additional tax benefit to the first – home buyer who takes a loan for an amount not exceeding Rs.25 lakh. Presenting the Union Budget in the Lok Sabha today, the Finance Minister Shri P.Chidambaram proposed that a person taking a loan for his first home from a bank or a housing finance corporation upto Rs.25 lakh during the period 1.4.2013 to 31.3.2014 will be entitled to an additional deduction of interest of Rs.1 lakh.

I just want to clear it that if the loan was taken in 2012-13 financial year. can i eval the benefit of new section or this additional exemption .....

interest earned from savings accounts is exempt upto 10000
The section is applicable with effect from April 01, 2013 and will apply from AY 2013-14 and onwards.
but this is ambiguous

So is interest earned in F.Y 12-13(AY 13-14) exempt

RECEIVED INTEREST FROM SAVINGS BANK
RS.12400/-FOR ASST.YEAR.2013-14
THE ABOVE INTEREST TAXABLE OR RELIEF CHAP-VI

dear sir,

i am working in a good multi national company with an 13 years experience in accouts finance & administration field. i would like to study ca. pleas suggest me if any other courses was offered by good institute.

pl help

Hi Sir,

I am a MBA Finance graduate having 3 years of work experience in MNC in general accounting.

Can i claim exemption for undergoing 15 months training in CS in order to appear for final programme?

Thanks & Regards,

Karthik R.

Good morning Everyone,

Can you clarify that the due to of TDS is 7 of every month. if 7 is holiday (Sunday), can we deposit on 8 without interest or with interest.

please confirm.

We want to change the statutory auditor for Financial Year 2013-14 in the AGM to be held on 1st August,2013.

Is the new auditor eligible to do the audit for the quarter ended 30.6.2013 and issue the limited review report.

Further what will the procedure of the appointment of new auditor if his appointment is confirmed in the board subject to approval in AGM.

Kindly advise.

Dear sir,
What is mean by share application money pending allotment how to calculate it ?

Thanking advance

My charitable Trust registered ten years ago in Bangalore, Karnataka and being assessed at Bangalore needs migration of PAN for operational reasons - from Bangalore to Pune.
Can any one kindly advise the procedure involved because on direct enquiries with IT officials I have not been able to get any information with the result the matter is pending for over twelve months.