I invested 15000 p.a in max newyork life insurance since 7 years,
but in March 2012 i withdrawal the policy and co. refund some of Rs.100000/- against the amt of premium which was i paid.

my que.is this refund amt taxable or not in income tax ?

Dear Sir/Madam
One of my Client's Husband met with an accident and died.
After His wife received commuted pension rs.359600 and Group insurance amt 5000000.
other life insurances 3000000.
Gifts from His Husband's Friend for death ceremony amt rs 90000.
PPF also received.
pls help me to calculate the tax liability of in the hands of wife.

dear Sir

I have paid service tax online but i cant print or save challan because when i paid there was instruction insufficient balance
and i was thrown out by the system but my bank account shows debited that paid amt.

now how can i find challan without cin no.

Dear Sir / Madam,


Whether Percentage Completion Method is mandatory for Proprietor or Partnership business engaged in Construction activity?

In case of Partnership business, site is 90% complete as on 31st March 2013. Can PCM be adopted in F. Y. 2012-2013 as sale of this site has not been booked in any previous years by any other method? Whether adopting this method in current year will result in inconsistency?

Dear Sir,


Pls. find below the details required for Tax calculation of One of our employees HRA.


1) HRA Cheque issued to employee is amounting Rs. 3,15,000/- Dt. 26/12/2012 at once.


2) Actual Rent paid is Rs. 3,15,000/- (25000 x 11 Months + Rs. 40,000 Returnable)


3) Salary paid during the year 2012-13 is Rs. 2,08,000/- (Basic + DA).


4) The rent is paid at once by employee for the period JAN 2013 to Nov 2013.


Considering above details pls. let us know how much tax deduction can be claimed on HRA & In wether it is taxable in A.Y 2013-14 Or 2014-15?

i receive the above said error while initiating the ITR form.kindly help me resolving this

Respected sir,
we imported some accessaries, and want to sent it to our customers within as well as outside gujarat without collecting any money from them.

Value to be show in Invoice are Zero, My query is, should GVAT or CST will chargeable on the same or not.

pl. reply me with legal provision (like under which sec or Noti. )

With thanks & Regds.
Hemant Joshi
9426512751
hemant_joshi1966@yahoo.co.in

Dear All,

I am running Proprietorship firm of recruitment. Pl. let me know whether I require service tax no. if my turnover is below 9 Lac p.a.

Regards,
Arvind

I have filed my Service Tax Return for the first half and then there were some wrong entries so what is the effect of rectification if service tax is payable or extra payment is made ????

Hello Experts,
My Query is,
A company has obtained car loan from NBFC, so is TDS applicable on the interest paid on such loan? This NBFC is subsidiary of a Banking Company.
if yes, then what should be the accounting treatment and disclosure requirement??
the installment is paid through ECS so company is not deducting TDS on interest but same is paid to Govt out of its pocket and later it will recover from NBFC, so such TDS paid, where to be shown in Revised Schedule XI??
Thanks in Advance