Person Who got Employed From June 2012.

But Was Staying in Rented House and Paying Rent Since Long time.

Now He Got HRA for Rest 10 Months (June2012-March 2013) from Employer.

Can he Claim Total 12 Month Rent, Since For HRA Benefit Per Annum Calculation is required.

For More Clarification, Pls refer this Link.
https://www.caclubindia.com/experts/hra-claim-1229339.asp

One Employee Who is paying rent in Mumbai Staying Along with Family.

Now he Got Job Say in Banglore.
He Took Their Rented House, and Staying Alone.

His Family in Mumbai Paying rent 20000.
Here He is Paying 10000.
Since He getting HRA, Can He Claim Mumbai Rent, or he have to Claim Banglore House rent Only.??

What is the rate of tds on rent ? & Is there any slab to deduct tds on rent ? kindly inform me in detail.

Dear experts, I have prepared my Law ethics & comm. by only Icai Study material & compiler. Is it enough or Should I go for another book. But now may 2013 is very near so I have to revise my other subjects also. So should I go for only material from which I have prepared or it is not good to score good maarks

Dear Sir

Is it mandatory for employer to contribute P.F. If the employee basic salary is more than 6501/- per month and what is the basic salary in which P.F. is mandatory.

dear experts....

Its been one month since result n im not studying well
On anaverage i studied only for 3 hrs...I have sleep disorder.

I sleep by 1.30am but then i get up at 1 pm in afternoon...
Then i get tended ....
I go to library...
Travelling takes 100 mins roughly...
Pls advise me when to study , how to reduce my sleeping hours...
Actually i amn not motivated to study....
After 1 am at night i cannot study...
Pls advise
This is my 3 attempt

If a firm is succeeded by company on 1/04/2009 and conditions of Section 47 are satisfied and Company sold one of the machinery acquired during the succession on 1/05/2011 for Rs. 1000000 which is acquired at Rs. 500000( here the cost of acquisition of Previous owner i.e. firm will be taken, for simplification take it 1,00,000) leading to capital gain of Rs. 900000.

However the the shareholding of partners fall below 50% on 31/10/2012. Section 47A will attract and capital gain will be taxable in the hands of company for whole of the capital asset acquired during succession( including machinery Rs. 50000-100000).

My question will there be double taxation on machinery firstly Rs. 900000 and then Rs. 400000?

hello sir
i am a ambuja cement agency holder
can you guide me about the tax liability which i have to file both vat and income tax.
and the procedure to file vat and income tax
. i have doubt about the ledger which i receive every month frm ambuja about the monthly transaction and consumption , there vat amount is already added, so do i have 2 again pay the vat , kindly guide me where to pay vat and how to calculate vat on my monthly product , also do i have to pay monthly or yearly ..

Hi all,
i am in the process of filling my ITR and my current address is differ than the address, from which i applied and received my pan card.

there is tax refund due in my account and want to get this directly trf. to my account.

is it mendetory to update my current address with NSDL or i can submit my returned with changed address. can it make any delay in refund process.

kindly suggest.

Sir,

I have read few opinions of yours on the forums.

My question is :
My sister got married on 29/01/2012.
Her return of Income is filled till AY 2011-12.
Till now, only nominal income is shown in her return of Income. (i.e. Interest Income and Stipend Income etc)

My dad is a lawyer, who regularly files return of income and in AY 2012-13 he filled the Return showing Gross Total Income of more than 8 lacs.

My sister has got almost 5,30,000 /- in cash as gifts during the wedding and reception occassion in total.

Those cash is not yet deposited in bank accounts of her.

Can we deposit that money and start investing in her name for future savings.

The amount of 5,30,000/- seems big to me.

What is the advisable course of action in this case.

Please Advice in detail.


Thanking You,
Karan Joshi.