Form CA & CB

246 views 8 replies
If an NRI wants to remit cash from India to USA for savings purposes and family maintenance does form 15CA and 15 CB is to file compulsory.And how to file it.Which part of form 15 CA should fill
Replies (8)
Hii
I am anju
Sir, I need your help in one practical question.
Can you help me?
go on..
I think You can file part D of 15CA and there is no requirement to file 15CB
Mr. Ankit sharma is employed in a govt. collage. He receives salary of Rs 20000 per month, dearness allowance 20% of salary, house rent allowance Rs.4000 per month. Employer also paid his telephone bill of Rs 6000. He paid house rent Rs 5000 per month. He was provided a car with an engine capacity of 1600 CC for his office use. He also gets facility of a servant who has been appointed by Mr. Ankit sharma himself. Salary of servant is Rs. 1000 per month which is paid by the employer. Compute his taxable salary for the assessment year 2017-18.
Plz send its solution
Its urgent .
Please..
Sir, send the solution of this question
Please
Sir, why are you not answering my question?
1. Basic Salary (20000×12)=2,40,000
2. Dearness Allowance (240000×20%)=48,000
3. House Rent Allowance received (4000×12)=48000
Less:Exempt U/S 10 (13A)
a. Actual Rent Received (4000×12)=48000
b. 50% of Salary (Assume leave in mumbai) 50% of( 240000+48000)=144000
c. Rent Paid - 10% of Salary
(5000×12)-10%of (240000+48000)=31200
exempt u/s 10 (13A) is lower of above a, b, c i.e. 31,200
hence Taxable HRA (48,000-31,200)= 16,800
4. Telephone Bill paid by employer is not taxable perquisite =6000
5. Taxable Perquisite for providing motor Car facilities assuming motor car is used partly for personal and partly for business and also expense on maintainence is born by employer
2400×12=28,800
if Driver is also provided then taxable perquisite 900×12=10,800

Thus total taxable income for A.Y. 2017-18 is 3,44,400/-.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details