If employee getting HRA benefit from company and he is paying rent to his parents(father or mother)/wife. In such case, whether this HRA is fully taxable or he can get exemption as per IT law?

Please advise the tax liability and status where income earned by
Corporate out of its agricultural income, in addition to the commercial income, which are lied down in the memorandum and articles.

please
adivse

visuiyer@yahoo.com

An Assessee wants to file his return of income for 3 Assessment years namely 2006-07, 2007-08 and 2008-09.
In the A/Ys 2006-07 and 2007-08 the assessee did not possess the PAN card. He had applied for it on 10.02.2008 and received it on 15.03.2008 i.e., he possesses PAn card only for the A/Y2008-09.
The total income of Assessee as per the requirements of sec. 139(1)for different A/Ys is as follows:
A/Y 2006-07 : Rs. 60,000
A/Y2007-08 : Rs. 95,300
A/y2008-09 : Rs.102,000

now my query is "The Assesse wants to file his return of income for awl the three assessment years, what will be the consequences with him? and what should he do for mentioning his PAN no. in d return for A/Y2006-07 and 2007-08?

A Welfare Society (NGO)working for last 3 years and not filed its IT Retrn. However Surplus was aroung 50,000. It had not yet applied for 80G neither it has been registered under section 12A i.e. any exemption benefit. Now, i want to file IT return for the last two years.

1. Can anyone tell me whic ITR Form will be applicable? Is the treatment is like a Trust or an AOP.

2. And IS The normal Tax Slab would be applicable untill it apply for 80G?

3. Is FBT would be applicable untill it get registration under section 12A.

good morning sir,

i am a ca student, i have passed cpt of dec 2008 attempt with 109 marks(without maths), it was my ist attemp. now ihave opt ipcc, my coaching of ipcc is starting from 2 april 2009(in bareily), i am appearing for only group ist.

sir i want from u to give me some tips & tricks & specially what will be my study time table to qualify group ist in ist attempt. plz help me in preparing my study time table, i will be very grateful to you.


SHOBHIT CHANDRA

hiiiiii
i m pcc student {june 09 attempt}
can u plz tell me
purchase consideration can be in terms of debentures or not????

or in terms of cash, equity shares and pref shares only


please reply

i m doing revision of this chapters

I’m a central gov. employee. My net taxable amount is Rs.4479. I had given the declaration in my office that I will invest the amount as savings so that no tax maybe deducted from my salary. But somehow I am not able to invest the amount. I intimated this in the office but they are refusing to cut from my march's salary.What should I do to pay the tax ? from where will I get the form? In which form I will have to pay & when is the due date ?Will i have to pay as self assessment tax? Can i pay it through bank ?is there any penalty for this ?please give an immediate reply.

a cooperative bank filed return of fy 2007-08 without claiming deduction of sec 36(1) viii. now it wants to claim the same by filing revised return and creating special reserve a/c as on 1-4-2008. will it be ok

Dear Sir

What is the due date to deposit TDS, PF and ESI? Grace period, if any?

Thank you

My Assessee has filed his Income Tax retunrs for the Assessment year 2003-2004 ison 31.10.2004.

My question is : what is the time limit for Assessing officer to issue notice u/s 143(2) & 142 (1).

Please suggest me .

Thank you