HI,

One of my colleague is working in bangalore. He stays with his family in arented house.after some days due to his currnet employment he suppose to work in chennai. He use to go to bangalore during weekends and holidays and he has option to work from home too.

My question is whether he can HRA on rent paid in bangalore.

IT Act says , accomodation should be occupied by the assessee, since he is not staying but paying rent to his family can he claim HRA?

Please suggest..Thanks in advance

heloo friends....

i want to know that

what is the accounting treatment in books for the losses which in not carry forward for next year...

Hello!!i have cleared my grp 1 of IPCC,,i have been registered to IGNOU for B.COM A&F,,can i pursue CS nw??If yes what should i fill in form 112 degree or cs??

I am in bangalore and interstate purchased from chennai, warangal and mumbai.

Chennai supplier has not added sales@2% in their invoice while Warangal and mumbai supplier added sales@ 2% in invoice seperatly.

How to treat them? Both are Interstate Sales Agaisnt C Form?

What could be the reason behind having difference in these invoice.

Please help me out.

Regards,
Martin.

I am in bangalore and interstate purchased from chennai, warangal and mumbai.

Chennai supplier has not added sales@2% in their invoice while Warangal and mumbai supplier added sales@ 2% in invoice seperatly.

How to treat them? Both are Interstate Sales Agaisnt C Form?

What could be the reason behind having difference in these invoice.

Please help me out.

Regards,
Martin.

if capital asset other than residential house is sold and two residential house are purchased...is 54f section of income tax applicable...or since two houses are being purchased no exemption is available...

is revised schedule Vi applicable to Banking Companies & Power Companies & Infrastructure companies.

my company would like to pay m/s xyz ltd for conducting skill development training programme under corporate social responsibility scheme.agreement has been made between my company & m/s xyz ltd.Accordingly this programme involves imparting traing to villagers close vicinity to my company.bill raised by m/s xyz ltd includes
1. course fees Rs 348000
2. stipend to trainees Rs 200000
3. tool kits Rs 200000
total Rs 748000
S.tax@12.36% Rs 43013
Grand total Rs 791013

M/s xyz requested us not to deduct tax on stipend & tool kits since it will passed to benificiaries.please advice me whether to deduct tax u/s 194-c and also at what rate

Dear experts

In case of compulsory Acquisition of agriculture land , the govt had deducted TDS on interest amount and issued single TDS certificate named with 5 (five) deductees mentioning only one PAN out of five.
So how I can file return and claim refund ? Can i file return of the first deductee only or all of the deductee? state the procedure to file single or five returns.

I done my M.com from Pune University, I have total 10 years of experience with reputed companies. Now I am working with one US base software company as an Accounts officer. I can do up to finalization & very good knowledge of Tally, Payroll, Taxation, ROC, balance sheet finalization & MIS reporting. Just because of I don’t have MBA, CA or CS. I am not getting good salary. Many people I have seen that they get 30 to 100% more than me even they don’t have that much of experience or knowledge what I have.
So please advise me for my future career.
Looking for your kind cooperation,
Thanks & Regards,
Harishchandra.T
770 980 7070