My friend is an artist and he received a grant from US. The grant is given as aid to develop his art studio and his works.Whether it will be part of taxable income and under which head it has to be included. Please clarify
sir,
i have housing loan in SBI for 4 lackhs and i am getting tax exemption on interest past 5 years , now this financial year 12-13 i have transferred to hdfc housing loan and further i have taken 19 lackhs in the same property for construction form hdfc.i have completed house construction the same year, i got pre-emi and interest statement from hdfc , and interest statement from SBI.
for claiming tax exemption what document i have to submit and whole pre emi tax benfit i will get this year.
please guide me
I have submitted all the details of my salary savings and HRA receipt paid @4500/month,while i got HRA Rs.25404 during the year 2012-13.I claimed HRA exemption of Rs.25404.But my emploer did not consider my HRA exemption.What are the rules about this to get such exemption? what documents should I submit?Can I get income tax refund claiming HRA exemption?Last year my department considered the exemption.please tell me what I can do?
HI
IF WE HAD TRANSFERED FIXED ASSETS FROM ONE BRANCH TO ANOTHER BRANCH IN FINANCIAL YEAR 2012-13 (SUPPOSE IN THE MONTH OF FEBRUARY 2013) THEN HOW TO PUT DEPRECIATION ON THAT ASSETS IN BOTH BRANCHES ?
Hello,
The "Amount Paid/ Credited" figure in Part A of Form 16 is not matching with the salary details as per Part B. I seek advise on what is the reason of mismatch and how to rectify the same. Also which figure of Part B i.e. (i) Gross Salary or (ii) Gross Total Income or (iii)Total Inocme, should match with "Amount Paid / Credited" as shown in Part A.
Thanks & Regards
I want to join articleship in pune but my bcom is from another university. can i do my articleship from pune and bcom from another university simultaneously? are there any issues in this?
received advance from the customer the order include service and excise duty products that mean doing with material job and without material job this cover service tax and with material job cover excise duty. we are receiving advance from customer this include 80%with material and 20% without materials.excise department said pay service tax on full advance recived. in our order it self 20% is covering service tax.
Please provide solution for the below issue.
contract value :100
estimated total cost :90
costs incurred upto the end of the period:45
cost to complete :45
Advance received from client:10
Progress billings :30
Unbilled Revenue:?
how disclosure in financials as per AS7 with regard to amount due to client and amount due from client.
When payment of service tax liabiity to government arises to landlord in case of rental amount received on renting of immovable property.
i am a salaried class assesses.
for a/y 2011-12 my income is Rs. 552815
hence my tax lia is 45900 bt as per form 16 they give me relief u/s 89 Rs. 27305 bt they deducted my TDS Rs. 45900
now can i claim refund
pl let me know full procedure.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Foreign grant received by an resident artist in india