1.Can a assessee claim both exemption u/s 10(13A)-House Rent Allowance and deduction u/s 80GG- Rent paid?

2. For claiming deduction u/s 80GG whether the place of work and the place of rent paid should be one and the same?

Could anyone of the experts recommend a good book or books that could answer the following questions :

Basically about formation of company, Tax structures and how to best manage the revenues towards expansion and reaching least taxable income. I'm looking towards gaining information about all this as of now.

1. An overview on what is the Tax structure for a private limited and a public limited software company?

2. Public companies distribute dividend, what does a private limited company distribute to its owners? Are these both Tax exempt?

3. Can a US Based private limited company held by NRI buy property in India to expand its business? or can it only rent property ?

4. For a Indian private limited company, if the company owner wants to expand business and decides to buy another piece of Land/office in India then can he do so from the Revenue earned in that year and can this purchase be considered as an expense and thus lead to reducing the taxable profit?

5. Question 4 same in regards to public limited company?

Any suggestions are really appreciated. Thank you for your time and effort.

Regards
Pankaj

As per institutes rule normal working hours are 35 per week. But it seems that many CA firm force to article assistant to work at least 7 to 8 hours per day (42 to 48 hours). & they have to do. Could you pls suggest what can be done in this situation?

If a bill has has been raised for freight charges mentioning that the service tax has to be paid by the consignee and the consignee is not registered under the service tax what steps need to be taken?
Is it that a revised invoice has be raised charging the srvice tax?

Hello Sir,

i want to know that if i taken a home loan with my wife in joint name, and paying the installment from our joint a/c ( with my wife) but the property is registered only my name.
so what amt of deduction i can claim for principal amt. and interest amt.
can my wife also claim the dection of the above besides me.
kindly reply urgently in detail.
naveen bansalca@gmail.com

Hello Sir,

i want to know that if i taken a home loan with my wife in joint name, and paying the installment from our joint a/c ( with my wife) but the property is registered only my name.
so what amt of deduction i can claim for principal amt. and interest amt.
can my wife also claim the dection of the above besides me.
kindly reply urgently in detail.
naveen bansalca@gmail.com

HI... EVERYBODY. FIRST WISH ME BEST OF LUCK AS MY EXAM IS ON FEB OF 2008 OF CPT. SI I WANT HOW TO PREPARE MYSELF I AM IN GREAT FEAR AS IT IS MY 4th TIME.PLEASE HELP

We are a public charitable organisation and hold courses for healings.

We have recently applied for ST Registration. If registration grnated what would be the period (Monthly or Quarterly) to deposit the ST?

If we do not cross the 8 lakhs limit by 31/03/08. What should we do?

What about next financial year? what will be the limit?

Are we required to file NIL return?

Thanks

PLEASE CAN ANY BODY HELP ABOUT MAB.

I WANT TO DO MBA IN DISTANCE LEARNING. WHICH INSTITUE IS SUTABLE FOR ME. BECAUSE I AM STAY IN MUMBAI. PLEASE PROVIDE ME GUIDENCE ON THAT. I WANT TO JOINED IN THIS MONTH.

Can anybody help me out for the treatment of IDC (interest during construction) & IEDC (Incidental expenditure during construction) how these to be alloacted & when, on year to year basis or after the completion of projrcts.

CA Krishna Prasad