Dear Sirs,

One of the my friend he is working in private concern. He is received HRA 15000/- per month. He is working area is covered metro area. He is paying rent Rs.14000/- per month. But is having own house in other state and he is repaying housing loan with interest. He is claiming housing loan interest at the time of computation of income. Please advise he is eligible for HRA Exempted? .

T.S.PARTHASARATHY.

Dear Sir,
Please tell me the process to calculate the TDS in salary.

Thanks

Ashu

Plz help as the TDS amounting to Rs. 13000 has ben deducted and submitted to Central Govt Account but the same has been done against Name as the PAN no was missing as that time.
Now as the credit of TDS is not appearing in Form 26AS i am facing difficulty in filling my income tax return for refund ,as the same has not been deposited against my PAN no

So klz help me out how to approach Deductor for updating the PAN in his TDS record so that the same is visible in Form 26AS

Female Assessee

Basic- Rs. 8167/-
HRA- Rs. 4083/-
India Allowance - Rs. 8223/-
Conveyance Allowance- Rs. 800/-
Special Allowance- Rs. 687-

Gross Salary per month Rs. 21960/-
Deductions:
PF 12% Rs. 980/-

Net Salary PM Rs. 20980/-

Rent paid in metro city is rs. 3000 per month
what will be the tax liability FOR ASS YEAR 2012-13 if the same salary was given throughout the year.

Can anyone tell me the way to file the correction statement using KDK Software.
I have already downloaded the consolidated file from tin-nsdl.
I want the procedure how to correct the statement downloaded.

What is the time limit of application submission for CST refund in EOU unit. If you know, please give me the statutory reference for the same.

If Profession tax liability is less than 20000/- then monthly payment of profession tax is required. Can I paid profession tax with return ones in year?

i am earing dividend from the companys whose share i have purchase, so want to know whether i can claim exemption for dividend i earn,and how much amount i can claim for exemption for dividend. is ther any limit ?

I invest in Infrastructure bond under sec 80 CCF. I want to know whether principal amt. received after minimum lockin period or on maturity will be taxable or not.I understood the provisions related to max. deduction of Rs. 20,000 on investment and interest amt. being taxable under Income from other sources but what about taxability of the principal amount received as said above.

Please guide me as to calculation of interest on late remittance of TDS. Scenario 1: TDS u/s94H (Rs. 120000) deducted between 22nd November - 30th november 2011 but remitted on 16th decemeber then interest will be Rs 1200/- right?
Scenario 2: TDS u/s94H (Rs 120000) deducted on 3rd november 2011 but remitted on 16th december then interest will be Rs 1200 or Rs 2400?