author : Subhash Kumar Jha
Posted On : 1/2/2009 5:15:06 PM
Sir,

I am a salaried employee.

How much i can get benefit for fees paid for my MBA from SYMBIOSIS (an UGC approved university)? & under what section?

Thanks

Subhash Jha
==========================================
Expert : CA.B.Chackrapani Warrier
Posted On : 1/2/2009 5:24:26 PM

Answered. No benefit to you.
===========================================

Expert : Chezhiyan
Posted On : 1/2/2009 5:54:01 PM

is that true?
===========================================
Expert : CA. Ravikumar
Posted On : 1/2/2009 6:03:52 PM

What if the employer reimburses the fee as towards "professional pursuit", whether this is exempted under 10(14)?
===========================================
Expert : CA.B.Chackrapani Warrier
Posted On : 1/2/2009 10:13:31 PM

I answered with a mistaken understnding that the question was raised u/s 80C. Inconvenience is regretted.
===========================================
author : Subhash Kumar Jha

Dear Sirs,

So finally what is the exact answer to my question & which is the section & limit amount?

Kindly reply soon

Subhash Jha

Hi every one


pls tell me the disallowance of Section 43B.


Thanking You
Bhagavan
CA Final

If by mistake payment of tax goes to wrong head (advance/selfasst), wrong PAN No.Whether it is possible to rectify challan ?

plz give your views on "nov 2008 pcc exams"and how strict the correction will be.Is it mandatory to solve the problems fully and correctly in order to get marks or marks will be alloted step wise.

plz give your views on "nov 2008 pcc exams"and how strict the correction will be.Is it mandatory to solve the problems fully and correctly in order to get marks or marks will be alloted step wise.

i want to know the value of share transfer stamps that need to be affixed on the transfer deed when transferring shares in the physical form..

sir,
my friend lost his pan card last 3 months back. what is the procedure for applying for duplicate.

hello all,

My sister (living abroad) bought a villa for 50lacs in hyderabad. The builder is asking her to pay VAT(@4%)and ServTax(@4.12%) on the "Cost of Construction=41 lacs" component. Is this correct???

So the point is, I was reading the site/forum and found few articles relating to the exemption given to homebuyers in terms of ServTax by the Govt of India. Is this still applicable as on Jan 2009, I quote the following for easy reference:

1. "https://www.caclubindia.com/news/2007/9/service_tax_relief_for_home_buyers.asp"

2. "https://www.caclubindia.com/news/2007/9/home_buyers_get_service_tax_waiver_.asp"

From these above articles I understand that she doesn't have to pay ServTax as demanded by the builder.

Please enlighten me on the issue and dont hesitate to ask me if u need any clarifications from my end.

Also can anybody tell the Circular Number issued on 23Aug,2007 regarding the same.So that it would be handy to have a printout and show the builder if needed.

I found one link pertaining to the above, i really dont know if it matters to the case above or not. Anyways all u learned people go thru and let me know where is it mentioned??

http://www.servicetax.gov.in/circular/st-circular07/st_circ_96-2k7.htm

Sai

I want to give gift to son of my mother Rs.60000/- tax free gift , son of mother is my relatives or not as per definition ?.
2.Spouse of the individual is relative as per definition but if husband give gift to wife Rs.5,00,000/- for reducing his tax liability but if same amount is investing in FDR by wife and income is earning whether same will be added in husband income as per clubbing of income, if it is taxable tax liability of husband not reducing i want to know any provision under the act is there husband can give gift which is not tax for clubbing provision.
Regards Dhaval Desai

If Non resident Indian sale House Property,do i claim deduction U/s.54 say Individual or HUF have to invest in residential house property within year 1 before.
Q.2 if N.R.I HAVING LONG TERM CAPITAL GAIN INCOME ON SALE OF HOUSE PROPERTY HOW DO I CALCULATE income tax liability, Eg.PROPERTY PURCHASE DT.6.2.95 Amt Rs.525000 cost and sale on dt.31.12.08 Amt Rs.21 lacks
Regards Dhaval Desai