Kapil Bhatia
12 July 2013 at 15:58

Calculate tax liability

Can you help me in calculating tax liability on following amount:

Salary 108000.00
HRA 60000.00
Transport Allowances 20000.00

Please help me in calculating tax liability.

Thanking you



Anonymous
12 July 2013 at 15:52

Filing of form 23

I understand that Form 23 is for filing Board's resolution u/s 192 of the Companies Act.In the place where Section and Purpose of passing the Resolution is to be mentioned i wrote section 58A ,invitation of Deposits from the Public.Then what am i supposed to mention?Do i need to attach text of advertisement in Form 23?



Anonymous
12 July 2013 at 15:49

Compute tax liability

Sir,

if i gets following amount as salary then what I will pay tax.

Basic Salary 360000.00 p.a.
HRA 108000.00 p.a.
Personal Allowances 72000.00 p.a.
Transport Allowances 90000.00 p.a.
Special Allowances 30000.00 p.a.
Bonus 60000.00 p.a.
Total 720000.00 p.a.

Kindly compute the tax liabilites.

Awaiting ur reply.



Anonymous
12 July 2013 at 15:49

For tds

Sir,
maine ek din late tds deposit kiya..lekin ab mere pass late payment of tds par interest ka notice aa gya hai..woh bhi 2 month ka jb ki srf 1 month hi asa hua hai..toh ab mughe kya krna chahiye...


Milind
12 July 2013 at 15:44

Capital gains account (cgas)

Hello,
I am planning to buy a flat utilising the money in my Capital Gains account (opened after the sale of my previous property).
My Query:
Can the stamp duty and registration costs be taken from the Capital gains account ?
Will Bank issue such a draft for stamp duty/registration or are banks allowed to issue drafts only in the builder's name?
Thanks
Milind



Anonymous
12 July 2013 at 15:42

80c

if i have lost my NSC saving document..which was mentioned in my FY 2012-13 return under section 80c & filled for refund.


Que is......
Any future problem...like assessment related..??


CA CS Roshan Begrajka
12 July 2013 at 15:39

Which itr is required

I want to file return of trust for them which ITR is required to file if the trust is sole beneficiary Individual and income of trust is only interest income and savings bank a/c interest which comes to 133359/- and tax calculation is either NIL or applicable @ 30%



Anonymous
12 July 2013 at 15:38

Income tax rebate on stamp duty

Sir,
my query is
Greater Noida authority has alloted me a flat in september 2009 and i have paid complete flat cost one time in Nov 2009.Now in June 2013 Authority has given the possesion and intimation for registry.Now i have complted the registry process by paying stamp duty of Rs 38000/-+ Rs 10000/- registration fee+ Rs 37000/- for Lease deed.So total Rs 85000/-
So i want to know that on how much amount i will get tax rebate under 80 C and in which financial year?

Thanks and Regards
P K Sharma


mohit pathak
12 July 2013 at 15:36

Wrong ay in itr

Dear Sir / Madam

I have received a notice for non quoting pan on high value transactions and directed to file a return for FY 2011-12 ie AY 2012-13. I have filed the return but wrongly entered AY as 2011-12. Is there any remedy available.

Please reply

it's urgent

regards

MOHIT


Vipin Rathi

If housing loan instalment of a single property (owned by husband and wife jointly) paid by husband and wife both and Loan interest is more than 150000/-. How much interest is eligible for deduction for each of them? i mean if the interest is 154000/- then both husband and wife can claim 77000/- or 50% of the max. limit i. e. 75000/- in their individual return?

AND HOUSE PROPERTY DOES NOT CONSTRUCT. IT IS ONLY WORK IN PROCESS AND LOAN INSTALMENT IS PAID Rs. 25000. from feb. 2013

loan taken 15 Jan. 2013 and construction start 31 Jan. 2013.





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