Raveesh
12 May 2009 at 10:08

HRA

Hi
I stay with my parents in Mumbai in a house essentially owned by them but my name also features in that of the owners in addition to my parents'. Is there anyway I can claim HRA deductions then? We have another house which is in the name of my Mother. If i move there, then I can, right?


Bharat Rajgor
12 May 2009 at 09:31

Service Tax Set Off

I just wants to ask if we are taking credit of Input Service tax in our books at the end of the month & payment is making to the vendor in the next month for that invoice then in such case can we avail the service tax set off against excise duty in the month of taking credit or we have to take credit only after the payment is made to vendor against that invoice


Ranimol C.K.
12 May 2009 at 09:31

Sections of IT

Like to know about section eighty CC .


Satyendra
12 May 2009 at 09:11

Establishment of a Warehouse

1. What will be cost involved for establishing a small warehouse of 5,000-7,000 Quintals?
2. Whether any subsidy is available in such construction?
3. What all things we have to keep in mind while we have to establish a warehouse.Whether location also does matter in that?
4. Whether it is feasible to establish at this point and what would be the expected return in that?

I would be very grateful if somebody help me out in that.


Satyendra

How much cost will be involved for listing a share in BSE and NSE and also what will be the minimum cost involved for the advertisement of such issue.


jagdish


Hello Sir,
I am a salaried person earning Rs. 5,00,000 p.a.


I purchased a residential house of 80 sq. yards consisting double storey for Rs. 48,000 in 1980. In 1982 I spent Rs. 30000 for 2nd floor but I have no proof of spending.

I sold whole of it in October 2008 for Rs. 14,00,000

Till now I have not taken any action. So I need your guidance in the matter.

I want to know:-


1. What is my actual /specific amount of capital gain
2. What are the options available at this time for me to save the Tax
3. What is the time available to me for taking the action as per your addvice/suggestion i.e. by which date i have to complete the action.
4. OR I HAVE MISSED THE BUS
5. Then what amount of Tax I have to pay and by which time and on which form

Here I have to share the information that my spouse is retired PSU who own a house wherein v r living.

Please advise.
Thanks in anticipation

Jagdish



buzaku
11 May 2009 at 23:46

Taxability of NRI sportsmen

Hi all

What would be the tax implications in the following cases -

1. Adam Gilchrist playing for an Indian event and being paid by an Indian company (Deccan Chronicle) but he is a Australian and the event is being played outside India (South Africa)

2. Rohit Sharma playing for an Indian event and being paid by an Indian company (Deccan Chronicle) but he is an Indian and the event is being played outside India (South Africa)

Regards
Pratyoosha


balaji
11 May 2009 at 22:28

House Property

Mr.X lets out his house property from 01-04-08 to 30-09-08. From 01-10-08 to 31-03-09, he uses the house property for carrying out his business. Under which head the house property will be assessed?

a. under the head 'House Property', or
b.Under the head profits and gains, or
c.under both heads proportionately based on period of use?

Pls. explain me the relevant provisions also

Thank You


CA Ankit Verma
11 May 2009 at 21:30

CPA

Q1) What is the difference between CPA & CICA??

Q2) Is it that we have to compulsorily give exams of these courses in centers outside India or do we get a choice to appear in exams through centers in India..??


Ketan
11 May 2009 at 21:03

Order u/s. 144

AO passed an order u/s. 144 by making addition, can we go for CIT (Appeal) ? who can make an appeal and who can be appointed to attend appeal before CIT. but AO passed order in DEC'08. we have not made appeal yet. what is the consequences ? how much appeal fees to pay ? can we appoint cunsultant to attend appeal or CA ? AO has issued notice for penalty proceeding too. pl guide






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