I am a salaried individual. I get HRA & conveyance allowance which is exempt u/s 10.

I have been told that individuals whose income is exempt u/s 10 will file ITR 2.

Is this correct??

Please provide the notification/circular.

Dear All,
I have a query regarding Service tax penalty provision.that if i have to pay penalty from 2006 till now for non filling of return than what is the amount of penlty per quarter/half year... i.e. 2000/- or 20000/-

because upto 2011 penalty was rs.2000/- and from 2011 penlaty is 20000/-

please help me to understand this provision

Sir,

We (Pvt. Ltd. Co.) are re-paying emi of rs.32700/- to M/s Tata Capital Ltd.(Car Loan). Whether we deduct TDS monthly or annually?

Is there any obligation to deduct monthly?

Please advise.

a Pvt ltd company has three directors. Now two directors want to remove the third director. So is it necessary to get resignation letter from the third director or a resolution is sufficient passed by two director?

Sir
Iam CA final Sutent And My Articalship Copmlit of 1.5 Year But I want Transfer On My Office So If I am Not Certified The Condistion OF Icai But My Principal Agree To Givan Transfer And Iam Also Agree So What Sould I Do
And About Industriya Treninig

Sir,
I have to pay monthly VAT on 20th of every month, but due to some unavoidable reasons I could not be able to pay tax in time. Only 1 day delayed for the payment. But VAT people asking to pay penalty @ 5% on tax amount + Rs.50/- per day from due date + interest @ 1.5% per month from due date till payment. Kindly suggest me. This case is related to Karnataka State

Can a employee claim the HRA exemption for the period of study leave. He want to claim hostel charges paid during that study leave as rent. can he do the same? he is also getting salary duering study leave which include HRA received from employer.

Dear Experts,

Comapny has sold the depreciable asset(car) during FY 12-13 for Rs 25 lacs whose WDV on 1apr'12 was Rs 58 lacs . Opening WDV of Block of asset was Rs 94 . Depreciation is @15%.
No assets were purchased during 12-13, assets sold was only above i.e Rs 25 lacs (wdv 58 lacs as said above)

Now my question is how do i calculate depreciation on above block is it @15 on (94-25)=69,?
How much would be STCG? any otehr effects would come.

Dear All
plz let me konw what r d service tax rates for the f.y. 2011-12 & 12-13. since one of our party is charging 10.30% on 50% & 12.36% on 50% of the work . why is it so
thnx
priya
7798652426

IF THE SENIOR CITIZEN IS 80 YEARS & IS HAVING ONLY INCOME FROM RENTING A FLAT WHICH IS APPROX 3.12 LACS P.A.

HOW TO AVOID THE TDS DEDUCTION ?